Foot Locker continues to advance
For its second quarter ending on August 2, Foot Locker published sales of 1.24 billion euros (1.64 billion dollars), up 12.9% compared to the same period last year. On a comparable basis, sales were up 7%. The American sports and lifestyle retail group’s net income, meanwhile, reached 70 million euros as compared with 50 million in the second quarter of 2013.
"The team at Foot Locker once again achieved record levels of sales and profits in the second quarter, and I am extremely proud of their efforts,” said Ken C. Hicks, CEO of Foot Locker. For its first quarter, the retailer recorded sales up 14%.
During the first six months of its fiscal year, Foot Locker has thus posted sales of 2.6 billion euros, up by 13.5% while net income jumped nearly 25% to 193 million euros.
As of August 2, the company had 3,460 stores worldwide, including 600 in Europe.
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