<span item_type="fundamental" item_id="84bd600092c96758b775fbdc0b13ddce" counter_id="ST/US/FL" env="prod"></span><span item_type="announcement" item_id="554015758007209089" env="prod"></span><p>Revenue: As of FY2026 Q2, the actual value is USD 1.857 B, missing the estimate of USD 1.868 B.</p><p>EPS: As of FY2026 Q2, the actual value is USD -0.39, missing the estimate of USD 0.1608.</p><p>EBIT: As of FY2026 Q2, the actual value is USD -30 M.</p><p></p><h3>Segment Revenue</h3><ul><li>Total sales for the second quarter of 2025 were $1,851 million, a decrease of 2.4% from $1,896 million in the second quarter of 2024. Excluding foreign exchange rate fluctuations, total sales decreased by 3.7%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/850209/000143774925027792/ex_834296.htm"></span></li><li>North American comparable sales increased by 1.4%, while comparable sales in Europe and Asia Pacific decreased by 10.3%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/850209/000143774925027792/ex_834296.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>Gross margin decreased by 50 basis points compared to the prior-year period, with merchandise margins also decreasing by 50 basis points.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/850209/000143774925027792/ex_834296.htm"></span></li><li>SG&amp;A as a percentage of sales increased by 20 basis points, although SG&amp;A dollars decreased by 1.7% due to expense discipline and cost optimization.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/850209/000143774925027792/ex_834296.htm"></span></li><li>Net loss for the second quarter was $38 million, compared to a net loss of $12 million in the prior-year period. On a non-GAAP basis, net loss was $27 million, compared to $4 million in the prior-year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/850209/000143774925027792/ex_834296.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Net cash provided by operating activities was $2 million for the twenty-six weeks ended August 2, 2025, compared to $126 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/850209/000143774925027792/ex_834296.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>Merchandise inventories were $1,709 million, 3.7% higher than the previous year, primarily due to a strategic pull-forward of fall product and foreign exchange fluctuations.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/850209/000143774925027792/ex_834296.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>Foot Locker, Inc. will not be providing or updating financial guidance due to the pending acquisition by DICK’S Sporting Goods, which is expected to close on September 8, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/850209/000143774925027792/ex_834296.htm"></span></li></ul>

Foot Locker | 8-K: FY2026 Q2 Revenue Misses Estimate at USD 1.857 B