NYSE$FL

Foot Locker Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Richard A. Johnson announced retirement as Chairman and CEO, and Mary N. Dillon was appointed as CEO, effective September 1, 2022.

Foot Locker, Inc. announced that Richard A. Johnson will retire as President and Chief Executive Officer, effective September 1, 2022. Mary N. Dillon has been appointed President and Chief Executive Officer and a member of the Foot Locker Board, also effective September 1, 2022.

  • Richard A. Johnson will retire as President and Chief Executive Officer, effective September 1, 2022.
  • Mary N. Dillon has been appointed President and Chief Executive Officer and a member of the Foot Locker Board, also effective September 1, 2022.
  • Johnson will continue as Executive Chairman of the Board through January 31, 2023, and will step down from the Board at that time.
  • Dona D. Young will become non-Executive Chair, effective February 1, 2023.

Headline financials

Total Revenue

$2.07B

Previous: $2.28B-9.2%
EPS (adj)

$1.10

Previous: $2.21-50.2%
Net Income

$430M

Previous: $45M+855.6%
Operating Income

$264M

Previous: $69M+282.6%
Gross Profit

$798M

Previous: $538M+48.3%
Cash & Equivalents

$1.85B

Previous: $1.37B+34.4%
Total Assets

$7.59B

Previous: $6.91B+9.7%
Stock-Based Comp

$8M

Previous: $4M+100.0%

Revenue & EPS history

Foot Locker · Revenue · Quarterly

$2.07B

Q2 2022-9.2%vs Q2 2021
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 16 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

-1.2%

Avg return

Earnings day

-4.4%

Avg return

5 days after

-8.8%

Avg return

30 days after

52%

33 / 63 earnings

Positive

+27.8%

Q3 2017

Best reaction

-33.5%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q2 2025-0.1%-6.6%
Q1 2025+0.3%-0.4%+2.1%
Q4 2024+5.1%-1.0%-27.1%
Q3 2025+1.2%+4.2%-5.0%
Q3 2024-12.4%-9.5%-10.3%
Q2 2024-4.6%-5.3%-19.5%
Q1 2024+23.1%+20.8%+10.7%
Q4 2023-29.1%-29.6%-29.7%
Q3 2023+13.0%+13.1%+30.7%
Q2 2023-24.7%-20.2%-23.4%
Q1 2023-33.5%-36.9%-34.4%
Q4 2022+1.0%-10.2%-2.2%
Q3 2022+12.5%+13.4%+3.3%
Q2 2022+15.3%+14.0%+22.4%
Q1 2022+1.2%+5.9%-5.2%
Q4 2021-23.6%-25.2%-26.3%
Q3 2021-9.5%-13.4%-27.1%
Q2 2021+7.9%+7.1%-8.8%
Q1 2021+3.1%
Q4 2020-2.0%
Q3 2020-7.4%
Q2 2020+7.3%
Q1 2020-3.8%
Q4 2019+0.3%
Q3 2019-3.1%
Q2 2019-14.9%
Q1 2019-19.3%
Q4 2018+6.4%
Q3 2018+8.5%
Q2 2018-8.0%
Q1 2018+17.6%
Q4 2017-9.3%
Q3 2017+27.8%
Q2 2017-33.3%
Q1 2017-14.4%
Q4 2016+10.8%
Q3 2016+2.5%
Q2 2016+10.7%
Q1 2016-7.6%
Q4 2015-6.8%
Q3 2015+5.7%
Q2 2015-5.5%
Q1 2015-2.3%
Q4 2014+7.1%
Q3 2014-1.0%
Q2 2014+3.8%
Q1 2014+0.5%
Q4 2013+7.6%
Q3 2013+4.8%
Q2 2013-2.9%
Q1 2013-4.4%
Q4 2012-8.0%
Q3 2012+5.4%
Q2 2012-0.6%
Q1 2012+8.6%
Q1 2011-1.3%
Q4 2009-1.8%
Q4 2011-1.8%
Q3 2010+0.2%
Q3 2011+0.2%
Q2 2011+0.5%
Q4 2010+0.5%
Q2 2010+0.5%

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