Foot Locker (NYSE: FL) reported earnings on May 18. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended April 28 (Q1), Foot Locker beat slightly on revenue and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew and GAAP earnings per share grew significantly.

Margins expanded across the board.

Revenue details
Foot Locker logged revenue of $1.58 billion. The 14 analysts polled by S&P Capital IQ expected to see sales of $1.55 billion on the same basis. GAAP reported sales were 8.7% higher than the prior-year quarter's $1.45 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.83. The 16 earnings estimates compiled by S&P Capital IQ anticipated $0.74 per share. GAAP EPS of $0.83 for Q1 were 38% higher than the prior-year quarter's $0.60 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 34.0%, 130 basis points better than the prior-year quarter. Operating margin was 12.8%, 240 basis points better than the prior-year quarter. Net margin was 8.1%, 160 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $1.34 billion. On the bottom line, the average EPS estimate is $0.31.

Next year's average estimate for revenue is $6.06 billion. The average EPS estimate is $2.43.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 139 members out of 202 rating the stock outperform, and 63 members rating it underperform. Among 60 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 44 give Foot Locker a green thumbs-up, and 16 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Foot Locker is outperform, with an average price target of $34.19.

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