Foot Locker's European business scores double digit profit margin
03 Aug '05
3 min read
Mr. Serra continued, "Their U.S. business, in contrast, has had improving sales and profit results. They continue to be encouraged with the building sales momentum at Footaction, whose results will be included in the Company's comparable-store sales beginning in the third quarter of 2005."
Foot Locker Inc plans to report second quarter 2005 and year-to-date results on Thursday, August 18, 2005. A conference call is scheduled on Friday, August 19, 2005 for 10:00 a.m. EDT to discuss these results and provide guidance with regard to its earnings outlook for the balance of 2005.
Foot Locker Inc is a retail chain of footwear, apparel and accessories. It operates approximately 4,000 stores in 18 countries in North America, Europe and Australia. Through its Foot Locker, Footaction, Lady Foot Locker, Kids Foot Locker and Champs Sports retail stores, as well as its direct-to-customer channel Footlocker.com/Eastbay, the Company is the leading provider of athletic footwear and apparel.
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