Foot Locker Cuts Outlook On Soft Consumer Spending In Q3, Stock Tanks
Foot Locker Cuts Outlook On Soft Consumer Spending In Q3, Stock Tanks
During the quarter, the company opened ten new stores and closed 24. It also remodeled or relocated 20 stores and updated 167 stores to current design standards. Inventory decreased 6.3% year over year.Foot Locker, Inc (NYSE:FL) stock tumbled in the premarket session on Tuesday. The company reported a third-quarter adjusted EPS of $0.33, missing the analyst consensus estimate of $0.41. Quarterly sales of $1.96 billion missed the street view of $2.02 billion.
富乐客公司（NYSE:FL）股票周二在盘前交易中下跌。公司报告第三季度调整后的每股收益为0.33美元，低于分析师一致预期的0.41美元。季度销售额为19.6亿美元，低于预期的20.2亿美元。
Also Read: Snowflake, Elastic Poised For AI Revolution Gains, Analyst Upgrades The Stocks
另请阅读：snowflake、elastic准备迎接人工智能革命带来的收益，分析师对这些股票进行了升级。
Total sales decreased 1.4% year over year. Comparable sales grew by 2.4%, led by 2.8% growth in global Foot Locker and Kids Foot Locker comparable sales.
总销售额同比下降1.4％。可比销售增长2.4％，全球富乐客以及Kids Foot Locker可比销售增长2.8％为主导。
During the quarter, the company opened ten new stores and closed 24. It also remodeled or relocated 20 stores and updated 167 stores to current design standards. Inventory decreased 6.3% year over year.
在本季度，该公司开设了十家新店铺并关闭了24家店铺。还重新装修或迁移了20家店铺，并将167家店铺更新为现行设计标准。库存同比减少6.3％。
As of November 2, the company operated 2,450 stores in 26 countries in North America, Europe, Asia, Australia, and New Zealand.
截至11月2日，该公司在北美、欧洲、亚洲、澳洲和新西兰的26个国家经营着2450家店铺。
In addition, 214 franchised stores were operating in the Middle East and Asia.
此外，中东和亚洲还有214家特许经营店。
Foot Locker's gross margin increased by 230 basis points. Quarterly adjusted net income was $31 million, compared with $28 million in the prior year.
富乐客的毛利率增加了230个基点。季度调整后的净利润为3100万美元，而去年同期为2800万美元。
At quarter-end, the company's cash and cash equivalents totaled $211 million, while total debt was $445 million.
截至季末，公司的现金及现金等价物总额为21100万美元，而总债务为44500万美元。
CEO Mary Dillon flagged a softening of consumer spending trends following the peak Back-to-School period in August and a more-than-expected elevated promotional environment, leading to the third-quarter consensus misses.
首席执行官玛丽·迪伦指出，消费者在8月份的高峰返校季后，消费趋势有所放缓，并且促销力度高于预期，导致第三季度未达成共识。
Despite disappointing trends in early November as consumers held back their spending ahead of the holiday season, the company noted a meaningful and positive acceleration over the key Thanksgiving week, especially in stores.
尽管在11月初消费者在节日期间节省开支，导致欠佳的趋势，但公司指出在关键的感恩节周，特别是实体店，出现了实质性和积极的加速。
Outlook: Foot Locker lowered fiscal 2024 adjusted EPS guidance to $1.20-$1.30 (prior $1.50-$1.70) versus the $1.53 consensus.
展望：富乐客将财年2024年调整后的每股收益指引下调至1.20美元-1.30美元（之前为1.50美元-1.70美元），相对于1.53美元的共识。
Foot Locker revised sales growth outlook to 1.5% to 1.0% decline (prior (1%) to +1%) in fiscal 2024 year over year, or $8.032 billion- $8.072 billion (prior $8.072 billion-$8.236 billion) versus the consensus of $8.143 billion.
富乐客将财年2024年销售增长展望修订为同比增长1.5%至下降1.0%（之前为下降1%至增长1%），即80.32亿美元80.72亿美元（之前为807.2亿美元82.36亿美元），相对于81.43亿美元的共识。
It lowered the gross margin guidance to 28.7% to 28.8% (prior to 29.5%-29.7%) to reflect promotional pressure.
将毛利率指引下调至28.7%至28.8%（之前为29.5%至29.7%），以反映促销压力。
The company expects fourth-quarter adjusted EPS of $0.70-$0.80 (versus consensus of $0.94), sales change of (3.5)%-(1.5)% or $2.297 billion—$2.344 billion (versus consensus of $2.351 billion) and gross margin of 29.0%- 29.2%.
公司预计第四季度调整后每股收益为0.70美元至0.80美元（相对于0.94美元的共识），销售变动为（-3.5%）-（-1.5%）或22.97亿美元23.44亿美元（相对于23.51亿美元的共识），毛利率为29.0%-29.2%。
Foot Locker stock has plunged 22% year-to-date.
富乐客股票今年以来暴跌22%。
Price Action: FL stock is down 17.10% to $20.10 premarket at the last check on Wednesday.
股票走势：富乐客股价在周三最后一次检查时预盘下跌17.10%，至20.10美元。
Also Read:
还阅读：
- Nvidia Unveils Fugatto: AI Tool That Transforms Sound Creation For Music, Ads, And Gaming
- 英伟达推出Fugatto：一款为音乐、广告和arvr游戏转变音效创作的人工智能工具
Photo by Sorbis via Shutterstock
图片来源：Sorbis via shutterstock
