Foot Locker Inc. Q2 adjusted earnings Beat Estimates

(RTTNews) - Foot Locker Inc. (FL) revealed a profit for its second quarter that climbed from last year.

The company's bottom line totaled $88 million, or $0.75 per share. This compares with $51 million, or $0.39 per share, in last year's second quarter.

Excluding items, Foot Locker Inc. reported adjusted earnings of $88 million or $0.75 per share for the period.

Analysts had expected the company to earn $0.70 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.7% to $1.78 billion from $1.70 billion last year.

Foot Locker Inc. earnings at a glance:

-Earnings (Q2): $88 Mln. vs. $81 Mln. last year. -EPS (Q2): $0.75 vs. $0.62 last year. -Analysts Estimate: $0.70 -Revenue (Q2): $1.78 Bln vs. $1.70 Bln last year.