Foot Locker rises after quarterly earnings beat

Footwear retailer Foot Locker's FL.N shares up 2% at $17.60 premarket

Company posts Q4 net sales of $2.24 billion, beats analysts' estimates of $2.32 billion, according to data compiled by LSEG

Company's adjusted EPS of 86 cents beats expectations of 72 cents per share

But co forecasts annual comparable sales growth to be in a range of 1% to 2.5% compared with expectations of a 2.1% increase

"We expect consumer and category promotional pressures to remain uncertain into 2025, especially within the first half" - CEO Mary Dillon

FL stock has fallen about 20% YTD as of last close