07:06 AM EST, 12/04/2024 (MT Newswires) -- Foot Locker ( FL ) reported fiscal Q3 adjusted earnings Wednesday of $0.33 per diluted share, up from $0.30 a year earlier.

Analysts polled by FactSet expected $0.40.

Revenue for the quarter ended Nov. 2 was $1.96 billion, down from $1.99 billion a year earlier.

Analysts surveyed by FactSet expected $2.01 billion.

Foot Locker ( FL ) said it expects fiscal Q4 non-GAAP EPS in the range of $0.70 to $0.80. Analysts surveyed by FactSet expect $0.95.

The company said it has lowered fiscal 2024 non-GAAP EPS to the range of $1.20 to $1.30, down from the previous range of $1.50 to $1.70. Analysts polled by FactSet expect $1.54.

The company's shares were down 10% in recent Wednesday premarket activity.

Price: 21.75, Change: -2.42, Percent Change: -10.01