Great start to the year for Foot Locker
30/05/2014
Sales increased 14% to $1.9 billion, while income was $162 million compared with $138 million last year.
“We are off to a great start in 2014, with our first quarter results representing the highest quarterly sales and profits in our history as an athletic company - for the third consecutive year,” said chairman and CEO Ken Hicks.
During the first quarter, the company opened 27 new stores, remodelled or relocated 49 stores and closed 36 stores.
It operates 3,464 stores in 23 countries, 47 franchised stores in the Middle East and South Korea, and 27 franchised Runners Point and Sidestep stores in Germany and Switzerland.
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