Key Factors to Note Foot Locker’s quarterly performance is likely to have been hurt by a tough macroeconomic landscape, including inflationary pressures affecting customers’ spending decisions and currency headwinds. Foot Locker, Inc. FL is expected to have registered a decline in its top and the bottom line from the last fiscal year’s respective quarterly reported figures when it releases first-quarter fiscal 2023 results on May 19, before the market open. These factors coupled with any deleverage in SG&A expenses are expected to have hurt FL’s performance in the fiscal first quarter.