Content about Foot Locker Inc.

March 7, 2014

Foot Locker Inc. increased net income 16% to $121 million in the fourth quarter of fiscal 2013 from the same period the prior year. Net sales grew 5% to $1.79 billion, from $1.71 billion.

New York – Foot Locker Inc. increased net income 16% to $121 million in the fourth quarter of fiscal 2013 from the same period the prior year. Net sales grew 5% to $1.79 billion, from $1.71 billion.

Same-store sales for the quarter grew 5.3%. Looking ahead, the retailer expects to improve same-store sales in the mid-single digits and improve earnings per share by a double-digit percentage in fiscal 2014. Fourth quarter sales and earnings results both beat Wall Street estimates.

February 19, 2014

The board of directors of Foot Locker Inc. has elected Steven Oakland as a director of the company.

New York – The board of directors of Foot Locker Inc. has elected Steven Oakland as a director of the company. Oakland is currently president -international, foodservice, and natural foods of The J.M. Smucker Company.

Oakland has spent the bulk of his career at The J.M. Smucker Company, serving in increasingly senior positions. He has extensive experience in domestic and international retail operations at the company, having also served as president of U.S. Retail for Smucker's, Jif, and Hungry Jack.

September 17, 2013

Foot Locker, Inc. is introducing Six02.com, the e-retail extension of its Six:02 stores aimed at women.

New York -- Foot Locker, Inc. is introducing Six02.com, the e-retail extension of its Six:02 stores aimed at women. In addition to offering a full assortment of women’s athletic apparel and products, the site features the Get Fit Guide, a custom online tool to lead customers through the product offerings to find the perfect fit, style, and product based on preferred workout activity and body shape.

May 29, 2013

Foot Locker Inc. has appointed Paulette Alvitti as senior VP and chief human resources officer.

New York -- Foot Locker Inc. has appointed Paulette Alvitti as senior VP and chief human resources officer. Alvitti will begin her new role on June 3 and oversee the development and delivery of global human resources, including compensation and benefits, organization and executive development/succession planning, employee engagement, talent management, human resources management systems, and corporate communications. She comes to Foot Locker from PepsiCo, where she spent 17 years, most recently serving as senior VP and chief human resources officer at PepsiCo Asia, Middle East and Africa.

May 8, 2013

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

October 1, 2008

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

September 28, 2008

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

November 18, 2007

New York City, ...