Foot Locker Inc

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USA: Foot Locker Q4 Sales Rise 9.8% | 6 Feb 04

Athletic apparel and footwear retailer Foot Locker Inc has posted a 9.8 per cent increase in fourth quarter sales to $1.33 billion, up from $1.21bn in the same period a year earlier.

USA: Round-Up Of Retailers' Jan Sales Results | 5 Feb 04

Here is a general round-up of United States apparel and footwear retailers' January 2004 sales results released this week. Please note that this article will be updated as individual retailers' results are released.

USA: Footstar Hires New CEO, Posts Lower Q4 Results | 16 Jan 04

Footwear retailer Footstar Inc has hired a new chief executive officer and posted diminished fourth quarter results as the US Securities and Exchange Commission continues its investigation into the company's accounting practices.

USA: Shareholder May Buy Footstar, Replace CEO | 12 Jan 04

A major shareholder group of Footstar Inc has expressed interest in buying the troubled footwear retailer after its shares were delisted by the New York Stock Exchange last week.

USA: Foot Locker To Expand Into Ireland | 24 Nov 03

Footwear retailing giant Foot Locker Inc has announced plans to expand into the Irish market, with up to 12 stores to be opened in the next three years.

USA: Nike And Foot Locker Team Up For Marketing Program | 21 Nov 03

Footwear giants Nike Inc and Foot Locker Inc are to embark on a joint marketing program to launch new products in the United States.

USA: Foot Locker Names CEO Serra Chairman, Posts Q3 Upturn | 20 Nov 03

Athletic shoe retailer Foot Locker Inc has appointed CEO Matthew Serra to the role of chairman amid improved third quarter earnings.

USA: Footstar Ex-CEO Was ‘Terminated For Cause’ | 12 Nov 03

Shoe retailer Footstar Inc has revealed that former CEO Mickey Robinson was "terminated for cause" by the company’s board of directors.

USA: One Price Clothing Appoints New CEO | 11 Nov 03

Retail chain One Price Clothing Stores Inc has announced the appointment of John Disa as its new chief executive officer.

USA: Foot Locker's Q3 Sales Rise 6.6% to $3.29bn | 6 Nov 03

Sportswear retailer Foot Locker Inc has posted third quarter sales of $3.29 billion, up 6.6 per cent from $1.12bn in the same period last year. Comparable store sales also increased 0.4 per cent for the 13-week period to November 1, compared to the third quarter of 2002.

USA: Footstar Delays Earnings Restatement | 3 Nov 03

Leading footwear chain Footstar Inc has failed to complete restatement of its financial statements for fiscal years 1997 through June 2002 the previously announced date of October 31. The New York-based operator of 438 Footaction stores said in a news release it now expects the restatement to reduce earnings by $51m to $55m pre-minority interest and taxes, or $31m to $38m after minority interest and taxes, over the five and half year period.

USA: Shoe Chain Footstar Suffers Q3 Sales Slide | 9 Oct 03

Shoe chain Footstar Inc on Thursday posted a 1.5 per cent slip in third quarter same-store sales as it was hurt by lower sales at its Meldisco unit due to fewer Kmart stores from last year.

USA: Amazon Opens Online Sporting Goods Store | 23 Sep 03 Inc, the world's biggest Internet retailer, has launched a sporting goods store on its website to sell equipment, clothing and other items for more than 50 sports.

USA: Footstar CEO Leaves After Accounting Probe | 15 Sep 03

Shoe chain Footstar Inc on Monday said it had parted company with its chairman and CEO, Mickey Robinson, after a financial probe found "significant weaknesses in the company's internal controls and procedures".

USA: Foot Locker To Stock New Nike Line, Profit Up | 21 Aug 03

Leading sports shoe chain Foot Locker Inc on Thursday reported a 14 per cent hike in second quarter net earnings on higher sales and said it is working with Nike Inc on a new footwear line. The New York-based operator of more than 3,600 stores in 16 countries posted earnings for the 13 weeks to August 2 of $37 million, or 25 cents a share, excluding special items, compared with a profit of $33m, or 22 cents, last year.

USA: Foot Locker Q2 Sales Edge Up, Backs EPS View | 7 Aug 03

Athletic shoe chain Foot Locker Inc on Thursday posted a 3.4 per cent hike in second quarter sales to $1.12 billion from $1.08 billion in the year-ago period and reaffirmed its earnings outlook.

US athletic footwear market stumbles towards 2007 | 22 Jul 03

The US athletic footwear market is likely to see little expansion over the next few years according to research from Mintel. It forecasts annual growth of just 2 per cent to 2007, with the industry’s progress stalled by overly complex manufacturer/retailer relationships, a slow growth economy, and competition from brown shoe manufacturers.

USA: Footstar Q2 Sales Drop 17.2% | 10 Jul 03

Footwear retailer Footstar Inc today reported a 2.2 per cent drop in its second quarter same-store sales, and a 17.2 per cent decrease in total sales to $491.3 million. It says the results are due to unseasonal weather and reflects fewer Kmart and J Baker stores in operation.

USA: Foot Locker Posts Rise In Q1 Profit | 22 May 03

Leading athletic shoe chain Foot Locker Inc on Thursday posted a rise in first quarter income from continuing operations to $39 million from $38m in the year-ago period despite a 2.5 per cent slip in same-store sales. The operator of 3,600 stores in 14 countries said sales edged up 3.5 per cent to $1.12 billion from $1.09bn last year and added merchandise inventories remain on plan.

USA: Foot Locker Files Delayed Annual Report | 20 May 03

Sports shoe chain Foot Locker Inc on Monday said it has filed its delayed 2002 annual report with the US Securities and Exchange Commission (SEC) and did not amend any of its prior filings.

USA: April Sales Results Round-Up | 8 May 03

The following is a general round-up of US apparel and footwear retailers' April sales results released this week: Apparel retailer J Crew Group Inc said its April same-store sales for its retail division fell four per cent but added total sales rose five per cent to $57.7m from $54.8m in the year-ago period.

USA: Foot Locker Posts Profit Jump On Higher Sales | 12 Mar 03

Top US sports shoe chain Foot Locker Inc had a spring in its step on Wednesday after it posted a 14 per cent jump in fourth quarter net profit to $48 million from $42m in the year-ago period on the back of strong sales.

USA: Footstar Says Dec Same-Store Sales Up 2.1% | 7 Jan 03

Leading sports shoe chain Footstar Inc on Monday posted a lower-than-expected 2.1 per cent climb in December same-store sales.

USA: Nike Q2 Earnings Climb 18% On Strong Overseas Sales | 20 Dec 02

Strong overseas sales, improved margins and inventory controls helped athletic footwear and apparel maker Nike Inc to an 18 per cent jump in second quarter earnings. Net income in the three-months ended 30 November was $152 million, or 57 cents a share, up from $129.3 million, or 48 cents a share, in the year-earlier period.

USA: Foot Locker Slashes Nike Orders | 18 Dec 02

Leading sportswear and athletic shoe firm Nike Inc saw its shares slip on Tuesday after the country's top sports shoe chain revealed a larger-than-expected cut in orders.

USA: Footstar Reveals Slip In Nov Same-Store Sales | 27 Nov 02

Leading sports shoe chain Footstar Inc on Wednesday posted a 6.5 per cent slide in November same-store sales which it said reflected the timing of this year's Thanksgiving holiday.

USA: Foot Locker Q3 Earnings Jump 36 Per Cent | 22 Nov 02

Athletic shoe retailer Foot Locker Inc on Thursday reported a 36 per cent rise in third quarter earnings on sales of higher margin products.

USA: Footstar October Sales "Better Than Expected" | 1 Nov 02

Leading sports shoe chain Footstar Inc on Thursday posted a better-than-expected 2.2 per cent climb in October same-store sales. The New York-based operator of around 1,350 stores and concessions said total sales for the month slipped 9.7 per cent to $143.7 million from $159.2m in 2001. Sales at its Meldisco division fell 12.6 per cent to $91.7m from $104.9m.

USA: Footstar Q3 Profit Up, Sales Slip | 23 Oct 02

Shoe chain Footstar Inc on Tuesday revealed it swung to a profit during the third quarter despite a sharp slide in sales amid a weak retail environment. The New York-based retailer reported net income of $3.8 million, or 19 cents per share, versus a loss of $44.5m, or $2.20 per share, in the year-ago period.

USA: Footstar Posts Slide In September Same-Store Sales | 3 Oct 02

Shoe retailer Footstar Inc on Thursday announced a four per cent slide in September same-store sales and the appointment of Jack Bellini as SVP - merchandising and marketing for Footaction.








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