>>
Rewind 2021 and prospects for 2022 Rewind 2021 and prospects for 2022
Home / Knowledge / News / Fashion / Foot Locker Q4 sales up slightly in January

Foot Locker Q4 sales up slightly in January

02
Feb '06
Specialty athletic retailer Foot Locker Inc has reported sales for the 13-week period ended January 28, 2006 of $1,563 million, versus $1,535 million in the comparable period last year, an increase of 1.8 percent. For this same 13-week period, comparable store sales increased 3.9 percent.

For the 52-week period ended January 28, 2006, sales increased 5.5 percent to $5,652 million, from $5,355 million in the company's corresponding period last year. Same-store sales for the company's same 52-week period increased 2.7 percent.

Excluding the effect of foreign currency fluctuations, total sales for the 13-week and 52-week periods increased 3.6 percent and 5.5 percent, respectively.

Matthew Serra, Foot Locker Inc's Chairman and Chief Executive Officer, said, "We are pleased with our consolidated fourth quarter comparable-store sales results, which were in line with our initial expectations."

"Very solid comparable-store sales increases were posted by each of our retail store divisions in North America, as well as our direct-to-customers business, partially reflecting a more promotional posture during the January clearance period than we had initially expected. As a result, our merchandise is better positioned for 2006 and within our inventory aging standard. Comparable-store sales in other international markets, primarily in Europe, continued to be challenging," Serra added.

The company's fourth quarter results include pre-tax income of$5 million, or $0.02 per share, primarily reflecting collections from its insurance companies related to recovery of losses sustained during the company's third fiscal quarter that resulted from Hurricanes Katrina, Rita and Wilma.


Must ReadView All

Pic: Shutterstock

Textiles | On 28th Jan 2022

Real US GDP rose at 6.9% annual rate in Q4 2021: BEA

Real US gross domestic product (GDP) increased at an annual rate of...

Pic: Shutterstock

Apparel/Garments | On 28th Jan 2022

Egypt’s garment exports rise by 41% to $2.49 bn in 2021 over 2020

The Egyptian apparel sector’s exports rose by 41 per cent in 2021 to...

Pic: Prasit Rodphan | Dreamstime.com

Textiles | On 28th Jan 2022

Cambodia-Vietnam trade volume touches $9.3 bn in 2021

Cambodia-Vietnam trade volume touched $9.3 billion last year—a rise...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Strongly believe in 'people first' policy.

Vandana Narang, National Institute of Fashion Technology

Vandana Narang
National Institute of Fashion Technology

Campus placements are low due to lockdowns

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Sustainable and eco-friendly fibres remain in the minority

Rajesh Masand,

Rajesh Masand

Established in 1963, the Clothing Manufacturers Association of India, or...

Rajesh Vohra,

Rajesh Vohra

A part of the Italy based multinational company Artsana Group, Chicco is...

Chini Chouhan,

Chini Chouhan

Founded by Chini Chouhan, her eponymous brand specialises in women's...

Michaela Griggs & Peggy Schulz, Barco Uniforms

Michaela Griggs & Peggy Schulz
Barco Uniforms

Founded in 1929, Barco Uniforms started as an apparel company for beauty...

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

Seevix Material Sciences Ltd, which develops and manufactures synthetic...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Samatvam, a womenswear brand that blends age-old craftsmanship with modern ...

Sujata & Taniya Biswas, Suta

Sujata & Taniya Biswas
Suta

Founded by <b>Sujata and Taniya Biswas</b>, Suta is a humble brand which...

Asmita Marwa, Asmita Marwa Design

Asmita Marwa
Asmita Marwa Design

Indian fashion designer Asmita Marwa has been rated by Vogue as one of the ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

LC Waikiki
PVH Corporation
Sainsbury's Argos Asia Limited
Under Armour Global Sourcing Ltd
Chori Company Limited
OVS Hong Kong Sourcing Ltd.
Lululemon Athletica Inc
Chico’ FAS
The Top Form Brassiere Manufacturing Company Limited
Puma
Splash
TESCO INTERNATIONAL SOURCING LIMITED
Walmart
Babyshop
Truetzschler India Private Limited
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Maceton Limited
Landmark Group
Grasim Industries Limited
Reiter India Private Limited
C;&A Sourcing International Ltd
Huntsman (Singapore) Pte Ltd
Lifestyle
T.T. Limited
Amazon China
Target Corporation (MN)
Cat Tuong Real Estate Group Joint Stock Company
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Rosset ;& Cia Limited
Boardriders Asia Sourcing Limited
J ;& P Coats
Sateri (Jiujiang) Fiber Co.,Ltd
H;&M Hennes ;& Mauritz (Far East) Ltd
Aquarelle Clothing Limited
Hela Clothing Pvt Ltd
Hirdaramani International Export Private Limited
SHAHI Exports Pvt Ltd
BIANCA
NITI Aayog
Gokaldas Exports Limited
John Varvatos
The LYCRA Company Singapore  Pte. Ltd
Arvind Limited
International Textile Manufacturers Federation
Etam Group Strategy Hong Kong Limited
Gatsby Africa
Rayonese Textile Inc., Division de Culp Inc.
Tory Burch Hong Kong Ltd
MAS Active / MAS Kreeda / MAS Bodyline
Benetton Group
Lenzing Aktiengesellschaft
Brandix Lanka Limited
Helly Hansen Far East Ltd
IKEA of Sweden AB
THE BOMBAY DYEING ;& MFG.CO. LTD
G-Star Raw C.V.
Esprit Europe Services GmbH
Gap International Sourcing Limited
Abit
SYNERGIES HONG KONG LIMITED
Varner AS Retail
Lisa S.P.A.
Alix Partners
Aramark Uniform ;& Career Apparel, LLC
Vardhman Textile Ltd
Vianney Textil Hogar S.A. De C.V.
Gloria Jeans
KAS Direct Sourcing
Alison Hayes Romania
BIMBA ;& LOLA SL
Sportswear Company Spa
Tchibo GmbH
Permoda(Koaj/Armi/Pronto/Bkul)
Decathlon
Green Fibre
Seasalt Limited
KIABI
Asos
Restoque S.A.
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Recron Polyester from Reliance Industries Limited
Midas Clothing Limited
Eastman Chemical Company
Tommy Hilfiger
Guess Europe Sagl,
Page Industries Limited (Bangalore)
Groz-Beckert East Asia LLP
Sportmaster Ltd.
Desigual - ABASIC, S.A.
Calvin Klein

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search