Topic > Foot Locker Financial Analysis Document - 2944

Foot Locker Inc. Financial Analysis Carmel Alsol Wilmington University Company Overview Foot Locker is a leading global retailer of footwear and athletic apparel headquartered in New York City. Its stores offer the latest in athletic-inspired performance products, primarily produced by leading athletic brands. Foot Locker offers products for a wide variety of activities including basketball, running and training. Its 1,911 stores are located in 21 countries, including 1,171 in the United States, Puerto Rico, U.S. Virgin Islands and Guam, 129 in Canada, 518 in Europe and a total of 93 in Australia and New Zealand. Domestic stores average 2,400 square feet of sales while international stores average 1,500 square feet of sales. www.Footlocker-inc.com Foot Locker operates in two major segments: sporting goods stores and direct-to-customer stores. The Athletic Store is one of the largest retail stores in the United States. These stores include Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs, Foot action and CCS. Their direct customer service includes Foot Locker, Eastbay Inc and CCS who sell their product line via the Internet. (Foot Locker Inc.com) In Foot Locker's financial report we were given some highlights of their financial growth, which states that in 2012 their sales increased by 9.4%, in line with last year's sales year with an increase of 9.8%. The company's total sales increased by more than 20%, which translates to growth of 6.1 billion. This is the highest figure ever made by Foot Locker as a sports company. Another strong point of the company was the company's gross margin, which was 32.8 in 2012, just over 31.9 in 2011 and their sales rate dropped by 20.9