FOOT LOCKER, INC. (FL) [Rocket]

In millions, except per share items	Jul-29-23	Apr-29-23	Jan-28-23	Oct-29-22	Jul-30-22	Apr-30-22	Jan-29-22	Oct-30-21
	8-K	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q
Revenues:
Store Sales Channel							15,987	14,330
Other			3,319	-5,561	-5,483			-5,518
Total revenues [+]		8,515	8,762	8,767	8,783	8,993	8,968	8,812
Products				4,238	4,254			6,617
Revenue growth [+]		-5.3%	-2.3%	-0.5%	0.6%	5.4%	18.7%	16.3%
Store Sales Channel							23.0%	153.0%
Direct to Customers Sales Channel							-8.2%
Cost of goods sold		5,869	5,955	5,891	5,843	5,909	5,878	5,775
Gross profit		2,646	2,807	2,876	2,940	3,084	3,090	3,037
Gross margin		31.1%	32.0%	32.8%	33.5%	34.3%	34.5%	34.5%
Selling, general and administrative [+]		1,871	1,903	1,907	1,898	1,896	1,851	1,786
Sales and marketing		1,350		1,382	1,373	1,371		1,326
General and administrative			521				525
Other operating expenses		39				6
EBITDA [+]		736	898	963	1,036	1,182	1,239	1,251
EBITDA growth		-37.7%	-27.5%	-23.0%	-11.8%	20.9%	105.8%	107.8%
EBITDA margin		8.6%	10.2%	11.0%	11.8%	13.1%	13.8%	14.2%
Depreciation		200	203	205	204	202	192	183
EBITA		536	695	758	832	980	1,047	1,068
EBITA margin		6.3%	7.9%	8.6%	9.5%	10.9%	11.7%	12.1%
Amortization of intangibles			5	7	5		5
EBIT [+]		531	690	751	827	976	1,042	1,065
EBIT growth		-45.6%	-33.8%	-29.5%	-16.8%	21.8%	144.6%	150.6%
EBIT margin		6.2%	7.9%	8.6%	9.4%	10.9%	11.6%	12.1%
Non-recurring items [+]			106	107	144		172	156
Asset impairment			106	107	144		172	156
Interest expense		11	15	19	20	17	14	10
Interest expense		11	15	19	20	17	14	10
Other income (expense), net [+]		-23	-45	-2	39	355	384	354
Other		19	-3	-27	14	330		359
Pre-tax income		391	524	623	702	1,146	1,240	1,253
Income taxes		143	180	199	216	324	348	340
Tax rate		36.6%	34.4%	31.9%	30.8%	28.3%	28.1%	27.1%
Minority interest						-2	-1
Earnings from continuing ops		592	689	426	488	824	893	913
Earnings from discontinued ops			-3
Net income		589	686	426	488	824	893	913
Net margin		6.9%	7.8%	4.9%	5.6%	9.2%	10.0%	10.4%

Basic EPS [+]		$6.31	$7.29	$4.41	$4.93	$8.13	$8.65	$8.80
Growth		-22.4%	-15.7%	-49.9%	-49.7%	33.3%	179.4%	178.0%
Diluted EPS [+]		$6.23	$7.21	$4.36	$4.87	$8.03	$8.54	$8.70
Growth		-22.5%	-15.6%	-49.9%	-49.8%	32.9%	177.4%	176.0%

Dividends per share [+]		$1.60	$1.59	$1.47	$1.36	$1.16	$0.98	$0.84
Growth	-100.0%	37.3%	62.3%	75.4%	94.4%	133.2%	39.8%	-8.8%

Shares outstanding (basic) [+]		94	94	97	99	101	103	104
Growth		-7.4%	-8.5%	-6.9%	-4.9%	-2.7%	-1.1%	-1.7%
Shares outstanding (diluted) [+]		95	96	98	100	103	105	105
Growth		-7.4%	-8.6%	-6.9%	-4.8%	-2.4%	-0.3%	-1.0%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.