Foot Locker, Inc. (NYSE:FL) Q3 2022 Earnings Conference Call November 18, 2022 9:00 AM ET

Company Participants

Robert Higginbotham - VP, IR

Mary Dillon - President, CEO

Frank Bracken - EVP, COO

Andrew Page - EVP, CFO

Conference Call Participants

Robert Drbul - Guggenheim Securities

Tom Nikic - Wedbush Securities

Kate McShane - Goldman Sachs

John Kernan - Cowen

Michael Binetti - Credit Suisse

Lorraine Hutchinson - Bank of America

Jay Sole - UBS

Matthew Boss - JPMorgan

Corey Tarlowe - Jefferies

Paul Lejuez - Citigroup Inc.

Operator

Good morning, and welcome to Foot Locker's Third Quarter 2022 Financial Results Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session.

This conference call may contain forward-looking statements that reflect management's current views of future events and financial performance. Management undertakes no obligation to update these forward-looking statements, which are based on many assumptions and factors, including the impact of COVID-19, effects of currency fluctuations, customer preferences, economic and market conditions worldwide and other risks and uncertainties described more fully in the company's press release and reports filed with the SEC, including the most recently filed Form 10-K or Form 10-Q. Any changes in such assumptions or factors could produce significantly different results, and actual results may differ materially from those contained in the forward-looking statements.

Please note that this conference call is being recorded.

I will now turn the call over to Robert Higginbotham, Vice President of Investor Relations. Mr. Higginbotham, you may begin.

Robert Higginbotham

Thank you, operator. Welcome, everyone, to Foot Locker, Inc.'s Third Quarter Earnings Call. Today's call will reference certain non-GAAP measures. A reconciliation of GAAP to non-GAAP results is included in this morning's earnings release. To remind everyone, in our first quarter release, we updated our definition of non-GAAP earnings to exclude all minority investment gains and losses, and our third quarter and year-to-date non-GAAP results for 2021 have been recast to reflect that. Also note, we have a slide presentation posted on our Investor Relations website with information that will be referenced during the call.

Today, we'll begin our prepared remarks with Mary Dillon, President and Chief Executive Officer; Frank Bracken, Executive Vice President and Chief Operating Officer will discuss our operations and progress on our growth initiatives in more detail. Andrew Page, Executive Vice President and Chief Financial Officer, will then review our quarterly results and financial position in more detail and provide color on our updated 2022 guidance. Following our prepared remarks, Mary, Frank and Andrew will respond to your questions.