Foot Locker 3rd Quarter Financial Report | Q3 2013 Net Income and Sales

Report Date:

November 22, 2013

Ticker Symbol:

FL (NYSE)

Company Name:

Foot Locker Inc.

Reporting period:

Q3-2013

REPORTING HIGHLIGHTS

•  Foot Locker reported Q3 2013 Net Income of $104M (or $0.70/Share) compared to $106M (or $0.69/Share) from the previous year
• Foot Locker’s comparable store sales increased 4.1% on a quarterly basis and 3.7% on a Year-To-Date basis
• Total Sales rose 6.4%, coming in at $1.62B compared to $1.52B in the same period last year
•  On a Year-to-date basis (for the 9 months ending Nov 2013) Foot Locker’s Net Income rose 7.4% from $293 ($1.90/Share) last year to $308M ($2.04/Share)
• Foot Locker’s YTD Sales increased 5.5%, from $4.46B last year to $4.71B

OTHER HIGHLIGHTS

During the 3^rd quarter, Foot Locker opened 28 new locations and relocated or remodeled 118 existing stores. Additionally, 13 stores were closed.

As of the reporting date, the company operated 3,510 stores and 72 franchised operations in North America, Europe, Australia, New Zealand the Middle East and South Korea, Germany and Switzerland.