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FOOT LOCKER, INC. DECLARES QUARTERLY DIVIDEND OF $0.40 PER SHARE

Foot Locker, Inc. (NYSE: FL) has declared a quarterly cash dividend of $0.40 per share, payable on January 27, 2023.

(Moderate)

Sentiment and the balance of points

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Rhea-AI Summary

Foot Locker, Inc. (NYSE: FL) has declared a quarterly cash dividend of $0.40 per share, payable on January 27, 2023. Shareholders recorded by January 13, 2023 are eligible to receive this dividend. The company, headquartered in New York, operates approximately 2,800 retail stores across 28 countries and aims to inspire youth culture through its diverse brand portfolio, including Foot Locker and Kids Foot Locker. The announcement reflects the company's commitment to rewarding its shareholders amidst its global operations in the sneaker retail market.

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Positive

  • Quarterly cash dividend of $0.40 per share declared, payable on January 27, 2023.
  • Company has a wide global presence with approximately 2,800 retail stores in 28 countries.

Negative

  • None.
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News Market Reaction – FL

The recorded move for FL in the trading session of this news was +4.00%.

Data tracked by StockTitan Argus. Session date unavailable.

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NEW YORK, Nov. 14, 2022 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, announced today that its Board of Directors declared a quarterly cash dividend on the Company's common stock of $0.40 per share, which will be payable on January 27, 2023 to shareholders of record on January 13, 2023.

Foot Locker, Inc. leads the celebration of sneaker and youth culture around the globe through a portfolio of brands, including Foot Locker, Kids Foot Locker, Champs Sports, WSS, atmos, and Sidestep. With approximately 2,800 retail stores in 28 countries across North America, Europe, Asia, Australia, and New Zealand, as well as websites and mobile apps, the Company's purpose is to inspire and empower youth culture around the world, by fueling a shared passion for self-expression and creating unrivaled experiences at the heart of the global sneaker community. Foot Locker, Inc. has its corporate headquarters in New York. For additional information please visit footlocker-inc.com.

Contact:
Robert Higginbotham
Vice President, Investor Relations   
robert.higginbotham@footlocker.com
(212) 720-4600

Cision View original content:https://www.prnewswire.com/news-releases/foot-locker-inc-declares-quarterly-dividend-of-0-40-per-share-301677647.html

SOURCE Foot Locker IR

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Foot Locker?

Foot Locker declared a quarterly cash dividend of $0.40 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on January 27, 2023.

What is the record date for the dividend payment?

The record date for the dividend payment is January 13, 2023.

How many retail stores does Foot Locker operate?

Foot Locker operates approximately 2,800 retail stores in 28 countries.

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