Foot Locker, an American retailer, reported sales of $ 2.1 billion in the first quarter of 2009.

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Foot Locker Inc, a U.S.-based athletics retailer, reported sales in the first quarter, which ended May 1, 2021, up 83.1% from $ 1.1 billion in the quarter 21 of the previous year. He reports that he has reached $ 100 million. Accounting. The company’s net income jumped to $ 202 million in the quarter (Q1 2008: loss of $ 110 million).

“We are very satisfied with the strength of our performance in the first quarter compared to the first quarter of 2019, as well as the first quarter, which was strongly influenced by Covid last year. The congestion, our sales and bottom line results were nothing more than exemplary, ”Foot Locker Chairman and CEO Richard Johnson said in a press release.

Cost of sales was $ 1.4 billion ($ 905 million) in the first quarter of 2009, while selling, general and administrative expenses were $ 418 million ($ 316 million). The company’s operating profit jumped to $ 282 million (operating loss: $ 105 million).

According to the company, 12 new stores were opened, 15 stores were renewed or relocated and 58 stores were closed during the quarter. As of May 1, 2021, the company operates 2,952 stores in 27 countries: North America, Europe, Asia, Australia and New Zealand. In addition, 131 franchised walk-in locker stores were opened in the Middle East.

Andrew Page, Executive Vice President and Chief Financial Officer of Foot Locker, said: “At the same time, we have continued to exercise cost management discipline while strategically investing in our business. Above all, the underlying strength of our business and our financial position rests on strong and strategic initiatives. He can be promoted permanently. “

Fiber2Fashion Press Office (JL)

Foot Locker Inc, a U.S.-based athletics retailer, reported sales in the first quarter, which ended May 1, 2021, up 83.1% from $ 1.1 billion in the quarter 21 of the previous year. He reports that he has reached $ 100 million. Accounting. The company’s net income jumped to $ 202 million in the quarter (Q1 2008: loss of $ 110 million).

Foot Locker, an American retailer, reported sales of $ 2.1 billion in the first quarter of 2009.

Foot Locker, a U.S. retailer, reported sales of $ 2.1 billion in the first quarter of 2009.



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