Sponsors
Billabong ▲ +0.025 | PPR ▲ +1.05 | American Apparel ▲ +0.008 | The Buckle ▼ -0.07 | Columbia ▼ -0.49 | Deckers Outdoor ▼ -0.13 | Dicks ▼ -0.15 | Foot Locker ▲ +0.12 | Genesco ▼ -2.64 | Iconix Brand Group ▲ +0.13 | Jarden Corp ▲ +0.16 | Nordstrom ▼ -0.39 | Luxottica ▲ +0.57 | Nike ▼ -0.27 | Pacific Sunwear ▼ -0.22 | Skullcandy ▲ +0.09 | Sport Chalet - 0 | Urban Outfitters ▲ +0.02 | VF Corp ▲ +0.30 | Quiksilver ▼ -0.02 | Zumiez ▲ +0.20 | Macys ▼ -0.07 | Tillys ▼ 0.00 |
Ticker Sponsor
Readers Say
The one, undisputed leader
The one, undisputed leader

It is common knowledge in our industry that there is one undisputed leader in reporting on the topics, businesses and trends that impact all of us the most, and it is shop-eat-surf.com. Their access to those who make our industry happen is second to none, and we value not only the content of their reporting but the editorial thought on what it all means both in the present as well as the future. If we were asked to give a rating, it would be five out of five stars.

- By Craig Levra, CEO, Sport Chalet
It pertains to my business
It pertains to my business

I’m an avid reader of Shop-Eat-Surf because it’s really the only online newsletter that I have found that is not only industry related, but also because it’s not so “guy-centric.” I find that a lot of the information I read on the site pertains to my business (as a swimwear designer) and keeps me up to date on what other companies and other women in the industry in general are doing which is not only inspiring but also helps me gauge the future direction of my business as well.

I feel privileged to read the Executive Edition because I know I am getting insider industry information before it hits the mainstream media channels. And it’s always good to know what my friends are up to in the industry.

- By Monica Wise, Founder, L*Space
Industry Insight

AGENDA: Video recaps, 2015 show dates, "Love Made Me Do It" women's networking series on Wednesday.

STOKES ME: Deadline today to enter SIMA Humanitarian Fund's Bowl-a-thon fundraiser.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

Weak U.S. sales hurt Foot Locker in Q3

By Tiffany Montgomery
November 20, 2009 8:30 AM

Foot Locker said third quarter earnings were hurt by weak sales in the U.S., though vulcanized lifestyle shoes, including Converse styles, were a bright spot.

U.S. same-store sales declined in the low double digits, each region was weak, and product sales for both genders fell, with women’s sales more challenging than men’s.

(Click here to read what executives said about the performance of its online retailer CCS, an important industry customer.)

European comps were flat and showed much improvement in October.

Foot Locker Canada declined in the low single digits, while the Asia/Pacific region posted a mid-single digit comp store gain.

Overall, total company sales declined 7.3% to $1.2 billion.

Foot Locker recorded a net loss of $6 million vs. a profit of $24 million a year earlier.

Excluding an impairment charge, the company had net income of $16 million in the third quarter of 2009.

Foot Locker owns 3,601 stores around the world.

 

 

 

 

 

 

 

 


More on: earnings, Foot Locker

Articles You Might Have Missed