plural feet play \ˈfēt\ also foot 2 : an invertebrate organ of locomotion or attachment; especially : a ventral muscular surface or process of a mollusc 3 : any of various units of length based on the length of the human foot; especially : a unit equal to 1⁄3 garden and comprising 12 inches plural foot used between a number and a noun plural feet or foot used between a number and an adjective — see weight table 4 : the basic unit of verse meter consisting of any of various fixed combinations or groups of stressed and unstressed or long and short syllables 5 a : motion or power of walking or running : step b : speed, swiftness 6 : something resembling a foot in position or use: as a : the lower end of the leg of a chair or table b 1 : the basal portion of the sporophyte in mosses 2 : a specialized outgrowth by which the embryonic sporophyte especially of many bryophytes absorbs nourishment from the gametophyte c : a piece on a sewing machine that presses the cloth against the feed 7 foot plural chiefly British : infantry 8 : the lower edge as of a sail 9 : the lowest part : bottom 10 a : the end that is lower or opposite the head b : the part as of a stocking that covers the foot 11 foots plural but sing or plural in constr : material deposited especially in ageing or refining : dregs
FL, the operator of athletic shoes and apparel retailer, came out with third-quarter fiscal 2016 results, wherein adjusted earnings of $1.13 per share beat the Zacks Consensus Estimate of $1.11, and jumped 13% year over year. Earnings Estimate Revision: The Zacks Consensus Estimate for fiscal 2016 has been stable over the past 30 days. In the trailing four quarters (excluding the quarter under review), the company has outperformed the Zacks Consensus Estimate by an average of 3.1%. Revenues: Foot Locker generated total sales of $1,886 million that increased 5.1% year over year but fell marginally short of the Zacks Consensus Estimate of $1,892 million. Comparable-store sales jumped 4.7% during the quarter. Excluding the impact of foreign currency fluctuations, total sales increased 5.5%. Key Events: During the quarter under review, Foot Locker opened 21 new outlets, remodeled or relocated 40 outlets, and shuttered 28 outlets. As of Oct 29, 2016, the company operated 3,394 outlets. During the quarter, the company repurchased 1.15 million shares of worth $76.3 million.
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