Foot Locker decreased sales in Q1
Specialty athletic footwear retailer Foot Locker, Inc. has reported sales of $1,364 million for the 13-week period ended April 29, versus $1,377 million in the comparable period last year, a decrease of 0.9%. For this same 13-week period, comparable store sales increased 0.5%. 
Excluding the effect of foreign currency fluctuations, total sales for the 13-week period increased 0.2%. 
"First quarter comparable-store sales results were solid in our North American businesses, but continued to be weak in our European stores which partially reflected our less promotional posture than the first quarter of last year," stated Matthew Serra, Foot Locker, Inc.'s chairman and chief executive officer.