Content about Foot Locker Inc.

May 8, 2013
Foot Locker to buy German athletic footwear chain Runners Point

Foot Locker Inc. said Wednesday that it will buy German athletic store chain Runners Point Warenhandelsges (RPG) for 72 million euros ($94 million) as it expands in Europe.

New York -- Foot Locker Inc. said Wednesday that it will buy German athletic store chain Runners Point Warenhandelsges (RPG) for 72 million euros ($94 million) as it expands in Europe.  
 
RPG, which had sales of $254 million for 2012, operates more than 200 stores — with its most prominent banners being Runners Point and Sidestep — as well as an online subsidiary, Tredex. Most its stores are in Germany, although there are also Runners Point and Sidestep locations in The Netherlands, Austria, and Switzerland.

March 8, 2013
Foot Locker Q4 profit up on higher sales

Foot Locker Inc. said its fourth quarter profit rose to $104 million from $81 million a year earlier.

New York -- Foot Locker Inc. on Friday said its fourth quarter profit rose to $104 million from $81 million a year earlier.

Sales jumped 14% to $1.71 billion, including the benefit of an extra week. Same-store sales rose 7.9%.

For fiscal year 2012, which included 53 weeks, the company reported net income of $397 million, compared to $278 million a year earlier.

Total sales increased 9.9% in 2012 to $6.182 million, compared with sales of $5.623 million last year. Same-store sales were up 9.4% in 2012.

November 16, 2012
Foot Locker Q3 profit surges 61% on strong sales

Foot Locker Inc. reported that net income for the quarter ended Oct. 27 surged 61% to $106 million, compared with $66 million in the year-ago period.

New York -- Foot Locker Inc. reported Friday that net income for the quarter ended Oct. 27 surged 61% to $106 million, compared with $66 million in the year-ago period. The recent quarter's results, which surpassed Wall Street expectations, included a $9 million tax benefit stemming from the settlement of a foreign tax audit.
 
Revenue rose 9.3% to $1.52 billion from $1.39 billion, beating analysts’ expected $1.47 billion in revenue. Same-store sales climbed 10.2%.

 

May 17, 2012
Foot Locker names COO

Foot Locker Inc. said Thursday that current executive VP and retail group president Richard Johnson as been promoted to COO, giving the company veteran operational oversight of all the retailer’s banners. The appointment is effective immediately.

New York -- Foot Locker Inc. said Thursday that current executive VP and retail group president Richard Johnson as been promoted to COO, giving the company veteran operational oversight of all the retailer’s banners. The appointment is effective immediately.

Along with its namesake Foot Locker stores, the company also operates Champs Sports, Kids Foot Locker and CCS.
 

March 2, 2012
Foot Locker Q4 profit jumps 42% amid cost cutting and higher sales

Foot Locker Inc. said that its fourth-quarter profit increased 42% amid higher sales and cost cuts.

New York City -- Foot Locker Inc. said that its fourth-quarter profit increased 42% amid higher sales and cost cuts.

The company earned a better-than-expected $81 million in the three months that ended Jan. 28, up from $57 million in the year-ago period.

Revenue increased 8% to $1.5 billion, from $1.39 billion. Same-store sales were up 7.5% in quarter.

November 5, 2008
Foot Locker Closes Purchase of CCS From dELiA's

Foot Locker announced that the company had closed its purchase of CCS from dELiA*s, Inc....

October 1, 2008
CEO of Foot Locker's U.S. Division Out in Shake Up

Richard T. Mina, president and CEO of Foot Locker Inc.'s U.S.A. division since 2003, has...

September 28, 2008
Foot Locker to Purchase CCS From dELiA*s

Foot Locker has signed a definitive agreement with dELiA*s, Inc. to purchase its direct-to-consumers business,...

November 18, 2007
Nike, Foot Locker Debut House of Hoops

New York City, ...