USA: Foot Locker Sees Continued Earnings Growth
Sportswear and athletic shoe chain, Foot Locker Inc, has reiterated its 2002 earnings outlook and said it expects to earn 22-24 cents per share during the second quarter of 2002 - up 10-20 per cent on last year's figures. The New York-based company's president and CEO, Matthew Serra, told shareholders at its AGM that it sees continued earnings growth and for the full-year expects to earn $1.12 to $1.15 per share - a gain of up to 17 per cent over 2001.
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