Foot Locker

Foot Locker is a leading global athletic footwear and apparel retailer, which caters to the sneaker enthusiast - If it’s at Foot Locker, it’s Approved. Its stores offer the latest in athletically-inspired footwear and apparel, manufactured primarily by the leading athletic brands. Foot Locker provides the best selection of premium products for a wide variety of activities, including basketball, running, and training. Additionally, we operate 178 House of Hoops, primarily a shop-in-shop concept, which sells premier basketball-inspired footwear and apparel. Foot Locker’s 1,835 stores are located in 23 countries including 1,015 in the United States, Puerto Rico, U.S. Virgin Islands, and Guam, 126 in Canada, 603 in Europe, and a combined 91 in Australia and New Zealand. The domestic stores have an average of 2,500 selling square feet and the international stores have an average of 1,500 selling square feet.

Company Growth (employees)

Type

Public

New York, US

Founded

1974

Size (employees)

15,761 (est)

Website

footlocker-inc.com

Foot Locker was founded in 1974 and is headquartered in New York, US

Key People at Foot Locker

Richard Johnson

CEO, President and Director

Stephen Jacobs

Executive Vice President ; Chief Executive Officer , North America

Lewis Kimble

Executive Vice President and Chief Executive Officer International

Paulette Alviti

Chief Human Resources Officer, Senior Vice President

Foot Locker Office Locations

Foot Locker has offices in New York, Wayne, Fort Wayne, Cincinnati and in 27 other locations

New York, US (HQ)

330 W 34th St

Show all (31)

Foot Locker Data and Metrics

Foot Locker Financial Metrics

Foot Locker's revenue was reported to be $2 b in Q1, 2017

Summary

USD

Foot Locker's current market capitalization is $6.1 b.

Income Statement

Annual

USD	FY, 2011	FY, 2012	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Revenue			6.5 b	7.2 b	7.4 b	7.8 b	7.8 b
Revenue growth, %				10%	4%	5%
Cost of goods sold			4.4 b	4.8 b	4.9 b	5.1 b	5.1 b
Gross profit			2.1 b	2.4 b	2.5 b	2.6 b	2.6 b
Gross profit Margin, %			33%	33%	34%	34%	34%
General and administrative expense							1.5 b
Operating expense total			5.8 b	6.3 b	6.6 b	6.8 b	6.8 b
EBIT			664 m
EBIT margin, %			10%
Interest expense	9 m	6 m	5 m	5 m	4 m	2 m	2 m
Interest income			5 m	5 m	4 m	2 m
Pre tax profit			663 m	809 m	837 m	1 b	1 b
Income tax expense	88 m	157 m	234 m	289 m	296 m	340 m	340 m
Net Income			429 m	520 m	541 m	664 m	664 m

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Revenue	1.6 b	1.7 b	1.9 b	1.7 b	1.8 b	2 b	1.8 b	1.9 b	2 b
Cost of goods sold	1.1 b	1.2 b	1.2 b	1.1 b	1.2 b	1.3 b	1.2 b	1.2 b	1.3 b
Gross profit	525 m	574 m	670 m	553 m	607 m	696 m	587 m	640 m	680 m
Gross profit Margin, %	32%	33%	35%	33%	34%	35%	33%	34%	34%
General and administrative expense	343 m	353 m	345 m	331 m	352 m	361 m	350 m	366 m	371 m
Operating expense total	343 m	353 m	345 m	331 m	352 m	361 m	350 m	366 m	371 m
EBIT									268 m
EBIT margin, %									13%
Interest expense	1 m	1 m	1 m	1 m	1 m	1 m	1 m	1 m
Pre tax profit	144 m	187 m	290 m	185 m	117 m	298 m	198 m	227 m	269 m
Income tax expense	52 m	67 m	106 m	66 m	37 m	107 m	71 m	70 m	89 m
Net Income	92 m	120 m	184 m	119 m	80 m	191 m	127 m	157 m	180 m

Balance Sheet

Annual

USD	Y, 2010	Y, 2011	Y, 2012	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Cash	582 m	696 m	851 m	858 m	967 m	1 b	1 b	1 b
Inventories				1.2 b	1.3 b	1.3 b	1.3 b
Current Assets				2.4 b	2.5 b	2.6 b	2.6 b
PP&E				590 m	620 m	661 m	765 m	765 m
Goodwill				163 m	157 m	156 m	155 m	155 m
Total Assets				3.5 b	3.6 b	3.8 b	3.8 b	3.8 b
Accounts Payable				263 m	301 m	279 m	249 m	249 m
Total Debt				3 m	2 m			1 m
Current Liabilities				626 m	696 m	700 m	612 m
Total Liabilities								1.1 b
Total Equity				2.5 b	2.5 b	2.6 b	2.7 b
Debt to Equity Ratio				0 x	0 x
Debt to Assets Ratio				0 x	0 x			0 x
Financial Leverage				1.4 x	1.4 x	1.5 x	1.4 x

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Cash	957 m	916 m	986 m	970 m	878 m	1.1 b	945 m	865 m	1 b
PP&E	604 m	613 m	639 m	644 m	664 m	706 m	726 m	732 m	792 m
Goodwill	162 m	160 m	156 m	156 m	156 m	157 m	156 m	156 m	156 m
Total Assets	3.7 b	3.6 b	3.6 b	3.7 b	3.7 b	3.8 b	3.8 b	3.7 b	3.9 b
Accounts Payable	392 m	287 m	303 m	359 m	258 m	230 m	348 m	215 m	208 m
Retained Earnings	2.6 b	2.7 b	2.9 b	3 b	3.1 b	3.3 b	3.4 b	3.5 b	2.4 b
Total Equity		2.6 b	2.6 b	2.6 b	2.5 b	2.7 b	2.6 b	2.6 b	2.8 b
Financial Leverage		1.4 x	1.4 x	1.4 x	1.5 x	1.4 x	1.5 x	1.4 x	1.4 x

Cash Flow

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Net Income	429 m	520 m	541 m	664 m	664 m
Depreciation and Amortization					158 m
Inventories	(20 m)	(81 m)	(49 m)	(25 m)
Accounts Payable	(48 m)	51 m	(17 m)	(31 m)	249 m
Cash From Operating Activities	530 m	712 m	745 m	816 m
Capital Expenditures	(206 m)	(190 m)	(228 m)	(266 m)
Cash From Investing Activities	(248 m)	(176 m)	(230 m)	(266 m)
Cash From Financing Activities	(309 m)	(401 m)	(456 m)	(529 m)
Interest Paid	11 m	11 m	11 m	11 m
Income Taxes Paid	175 m	251 m	283 m	341 m
Free Cash Flow	736 m	902 m	973 m	1.1 b

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Net Income	92 m	120 m	184 m	119 m	80 m	191 m	127 m	157 m	180 m
Depreciation and Amortization	36 m	34 m	35 m	36 m	38 m	39 m	39 m	40 m	41 m
Accounts Payable	392 m	287 m	303 m	359 m	258 m	(54 m)	348 m	215 m	208 m
Cash From Operating Activities						212 m
Capital Expenditures						(65 m)
Cash From Investing Activities						(65 m)
Cash From Financing Activities						(112 m)
Income Taxes Paid						115 m
Free Cash Flow						147 m

Ratios

	Y, 2017
Financial Leverage	1.4 x

Foot Locker Market Value History

Foot Locker Median Salaries

Source: 16 public H-1B filings from Foot Locker

Market Position of Foot Locker

Competitors

Academy Sports + Outdoors

Retail - Private

Compare competitors

Foot Locker

Company Growth (employees)

Key People at Foot Locker

Richard Johnson

Stephen Jacobs

Lewis Kimble

Paulette Alviti

Foot Locker Office Locations

Foot Locker Data and Metrics

Foot Locker Financial Metrics

Summary

Revenue (Q1, 2017)

Gross profit (Q1, 2017)

Gross profit margin (Q1, 2017), %

Net income (Q1, 2017)

EBIT (Q1, 2017)

Market capitalization (25-Jul-2017)

Cash (29-Apr-2017)

Income Statement

Revenue

Revenue growth, %

Cost of goods sold

Gross profit

Gross profit Margin, %

General and administrative expense

Operating expense total

EBIT

EBIT margin, %

Interest expense

Interest income

Pre tax profit

Income tax expense

Net Income

Revenue

Cost of goods sold

Gross profit

Gross profit Margin, %

General and administrative expense

Operating expense total

EBIT

EBIT margin, %

Interest expense

Pre tax profit

Income tax expense

Net Income

Balance Sheet

Cash

Inventories

Current Assets

PP&E

Goodwill

Total Assets

Accounts Payable

Total Debt

Current Liabilities

Total Liabilities

Total Equity

Debt to Equity Ratio

Debt to Assets Ratio

Financial Leverage

Cash

PP&E

Goodwill

Total Assets

Accounts Payable

Retained Earnings

Total Equity

Financial Leverage

Cash Flow

Net Income

Depreciation and Amortization

Inventories

Accounts Payable

Cash From Operating Activities

Capital Expenditures

Cash From Investing Activities

Cash From Financing Activities

Interest Paid

Income Taxes Paid

Free Cash Flow