Sponsors
Billabong ▼ 0.000 | PPR ▼ -0.05 | American Apparel ▼ -0.003 | The Buckle ▲ +0.01 | Columbia ▲ +1.83 | Deckers Outdoor ▼ -0.04 | Dicks ▲ +0.67 | Foot Locker ▲ +0.58 | Genesco ▲ +0.20 | Iconix Brand Group ▲ +0.21 | Jarden Corp ▲ +0.42 | Nordstrom ▲ +0.48 | Luxottica ▲ +1.00 | Nike ▲ +0.82 | Pacific Sunwear ▲ +0.07 | Skullcandy ▲ +0.34 | Sport Chalet ▼ -0.04 | Urban Outfitters ▲ +0.19 | VF Corp ▲ +0.96 | Quiksilver ▲ +0.05 | Zumiez ▲ +0.26 | Macys ▲ +1.08 | Tillys ▲ +0.05 |
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
Great insight into the issues
Great insight into the issues

I am a big fan of Tiffany and her team as well as an avid reader of Shop-Eat-Surf. I shop, I eat, I surf -- I should pay.

- By Kevin Bailey, President, Vans
New Industry Insight

Shorebreak Hotel as a venue for industry events. Cinematographer Louie Schwartzberg's "Moving Art Retreat" in June at Turtle Bay Resort. 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