Mickey Robinson, chairman
and chief executive officer, commented: “Footstar generated a solid performance
in June, driven by the continued excellent results of the Thom McAn brand and
strong sales of work boots at our Meldisco division. Sales at Footaction were
in line with expectations. Higher men’s footwear sales were offset by lower
sales of women’s and children’s products. The men’s basketball, running, and
cross training categories all had strong results in the period. These results
were impressive considering that in basketball, we again experienced challenging
comparisons due to strong Jordan-related sales in the year-ago period. Excluding
sales of Jordan-related product from both periods, Footaction’s same store sales
would have increased over 3% in June, 2000.
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