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foot locker inc (FOOTL) Snapshot

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foot locker inc (FOOTL) Details

Foot Locker, Inc. operates as an athletic shoes and apparel retailer. 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, and Sidestep. As of January 31, 2015, it operated 3,423 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, and private-label merchandise through Internet Websites, mobile sites, and catalogs. This segment operates sites for,,,,,,,,, and, as well as for,, and The company also provides franchise licenses to operate its Foot Locker stores in the Middle East and the Republic of Korea; and Runners Point and Sidestep stores in Germany and Switzerland. It operates 78 franchised stores. The company was founded in 1879 and is headquartered in New York, New York.

14,567 Employees
Last Reported Date: 03/30/15
Founded in 1879

foot locker inc (FOOTL) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $931.3K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $561.3K
Executive Vice President of Operations Suppor...
Total Annual Compensation: $668.5K
Senior Vice President of Real Estate
Total Annual Compensation: $488.5K
Chief Human Resources Officer and Senior Vice...
Total Annual Compensation: $461.3K
Compensation as of Fiscal Year 2014.

foot locker inc (FOOTL) Key Developments

Foot Locker, Inc. Appoints Pawan Verma as Senior Vice President and Chief Information Office, Effective August 10, 2015

Foot Locker, Inc. announced the appointment of Pawan Verma as Senior Vice President and Chief Information Officer, effective August 10, 2015.  Verma succeeds Peter Brown, who retired in April after 38 years with the company. Verma will oversee the company's global information technology functions and infrastructure, and provide leadership and vision to align technology with strategic business initiatives.  Verma joins Foot Locker, Inc. from Target Corporation, where he has worked since 2013, most recently serving as Vice President, Digital and Marketing Technologies and Services Platforms.

Foot Locker, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended May 2, 2015

Foot Locker, Inc. reported unaudited consolidated earnings results for the first quarter ended May 2, 2015. For the quarter, the company's net income was $184 million, or $1.29 per diluted share, compared with net income of $162 million, or $1.10 per diluted share, last year, a 17% increase. Total first quarter sales increased 2.6%, to $1,916 million, compared with sales of $1,868 million for the corresponding prior-year period. Excluding the effect of foreign currency fluctuations, total sales for the first quarter increased 7.9%. Income before taxes was $290 million compared with $254 million a year ago.

Foot Locker, Inc. Elects Nicholas DiPaolo as Non-Executive Chairman of the Board

Foot Locker, Inc. announced that its board of directors has elected Nicholas DiPaolo, previously its lead director, to the position of non-executive chairman of the board, effective May 20, 2015. He succeeds Ken C. Hicks who, as previously announced, retired from the company and the board of directors after annual meeting of shareholders. Nicholas DiPaolo, age 73, retired vice chairman of Bernard Chaus, Inc., has been lead director of Foot Locker, Inc. since May, 2012 and a director since 2002. Mr. DiPaolo has previously served as a director of Bernard Chaus, Inc. (to June 2005), JPS Industries, Inc. (to April 2013), and R.G. Barry Corporation (to September 2014).


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Price/Sales 1.4x
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