Foot Locker achieves “most profitable quarter” - footwearbiz: Leading

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Foot Locker achieves “most profitable quarter”

23/05/2016
Sports footwear retailer Foot Locker posted net income of $191 million in the first quarter of 2016, a 3.8% increase on the $184 million achieved in the same period last year.

Total first quarter sales for the company were up 3.7% to $1.99 billion from the $1.91 billion in the first quarter of 2015. This represents a 3.9% increase in currency-neutral terms.

“We produced the most profitable quarter in the Company's long history, an accomplishment of which everyone at Foot Locker, Inc. should be very proud," said Richard Johnson, Foot Locker CEO.

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