Company Summary
Founded in 1879 and headquartered in New York, Foot Locker, Inc. (FL) is a retailer of athletic shoes and apparel. The company operates websites and mobile apps, aligned with the brand names of store banners comprising footlocker.com, ladyfootlocker.com, six02.com, kidsfootlocker.com, champssports.com, footaction.com, footlocker.ca, footlocker.eu, footlocker.com.au, sidestep-shoes.com, footlocker.hk, footlocker.sg, and footlocker.my. In addition, Foot Locker has franchise operations in the Middle East.
As of Feb 3, 2024, Foot Locker operated 2,523 stores across 26 countries in North America, Europe, Asia, Australia and New Zealand. FL also had 202 franchised stores operating in the Middle East and Asia. The company has three operating segments, North America, Europe, Middle East, and Africa (“EMEA”), and Asia Pacific. On the basis of geography, the company identifies sales under two broad categories, namely; United States and International segments.
North America operating segment includes the results of the following banners operating in the U.S. and Canada: Foot Locker, Kids Foot Locker, Lady Foot Locker, Champs Sports, Footaction, and SIX:02, including each of their related e-commerce businesses. International operating segment includes the results of the following banners operating in Europe, Asia, Australia, and New Zealand: Foot Locker, Sidestep, and Kids Foot Locker, including each of their related e-commerce businesses.
(Note: Zacks identifies fiscal years by the month in which the fiscal year ends, while FL identifies their fiscal year by the calendar year in which it begins; so comparable figures for any given fiscal year, as published by FL, will refer to this same fiscal year as being the year before the same year, as identified by Zacks)