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foot locker inc (FOOTL) Snapshot

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Market Cap
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Average Volume 10 Days
0.0
EPS TTM
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Shares Outstanding
145.8M
EX-Date
04/15/14
P/E TM
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Dividend
$0.88
Dividend Yield
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Current Stock Chart for FOOT LOCKER INC (FOOTL)

foot locker inc (FOOTL) Details

Foot Locker, Inc., together with its subsidiaries, operates as a retailer of athletic footwear and apparel. The company operates in two segments, Athletic Stores and Direct-to-Customers. The Athletic Stores segment retails athletic footwear, apparel, accessories, and equipment under various formats, including Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction, and SIX:02, as well as Runners Point, Sidestep, and Run2. As of February 1, 2014, it operated 3,473 primarily mall-based stores in the United States, Canada, Europe, Australia, and New Zealand. The Direct-to-Customers segment sell athletic footwear, apparel, equipment, team licensed products, private-label merchandise, and accessories through Internet Websites, catalogs, and mobile devices. The company also provides franchise licenses to open and operate its Foot Locker stores in the Republic of Korea and the Middle East; and Runners Point and Stepside stores in Germany and Switzerland. It operated 73 franchised stores. Foot Locker, Inc. was founded in 1879 and is headquartered in New York, New York.

14,267 Employees
Last Reported Date: 03/31/14
Founded in 1879

foot locker inc (FOOTL) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $1.1M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $537.5K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $887.5K
Executive Vice President of Operations Suppor...
Total Annual Compensation: $650.0K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $540.0K
Compensation as of Fiscal Year 2013.

foot locker inc (FOOTL) Key Developments

Foot Locker, Inc. Announces Executive Changes, Effective June 1, 2014

Foot Locker, Inc. announced that its Board of Directors has elected Sheilagh M. Clarke as Senior Vice President, General Counsel and Secretary, effective June 1, 2014. She succeeds Gary M. Bahler, who is retiring on that date. Ms. Clarke, age 54, is currently Vice President, Associate General Counsel and Assistant Secretary of Foot Locker, Inc. She joined Foot Locker in 1988, and since that time has held a number of positions in the company's Legal Department.

Foot Locker, Inc. Proposes Amendment to the Certificate of Incorporation

Foot Locker, Inc. announced that at its AGM to be held on May 21, 2014, the shareholders will consider an amendment to the Certificate of Incorporation.

Foot Locker, Inc. Reports Unaudited Consolidated Financial Results for the Fourth Quarter and Full Year Ended on February 1, 2014; Provides Capital Expenditure Guidance for 2014

Foot Locker, Inc. reported unaudited consolidated financial results for the fourth quarter and full year ended on February 1, 2014. The company reported net income of $121 million, or $0.81 per diluted share, for the 13 weeks ended February 1, 2014. This represents an increase of 19% over earnings per diluted share of $0.68 for the 14-week period ended February 2, 2013. On a non-GAAP basis, the company earned $0.82 per share, a 28% increase over the comparable 13-week non-GAAP earnings per share of $0.64 in 2012. Total fourth quarter sales increased 4.6 percent, to $1,791 million this year, compared with sales of $1,713 million in 2012, which included $81 million of sales in the extra week last year. Fourth quarter comparable-store sales increased 5.3%. Income before taxes was $181,000 against $158,000 for the same period of last year. For fiscal year 2013, the company reported net income of $429 million, or $2.85 per diluted share. In the 53-week period in 2012, the company reported net income of $397 million, or $2.58 per diluted share. On a non-GAAP basis, earnings were $2.87 per share in 2013, an increase of 16% over the $2.47 per share earned on a comparable basis in 2012. In 2013 the company generated its fourth consecutive double digit percentage increase in annual earnings per share. It is also the third consecutive year in which the company achieved record earnings as Foot Locker, Inc. Total sales increased 5.2% in 2013 to $6,505 million, the highest level of sales ever recorded by the Company as Foot Locker, Inc., compared with sales of $6,182 million last year. Comparable-store sales increased 4.2% in 2013. Income before taxes was $663,000 against $607,000 for the same period of last year. The Board has also authorized a capital expenditure program in 2014 of $220 million, based on the successful results to date of the store remodel and other capital initiatives have underway.

 

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