Foot Locker 2002 Annual Report Download - page 7

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5
In additio n, in late 2001, Fo o t Lo cker, Inc. established the
Fo o t Lo cker Fo undatio n, Inc. fo r the purpo se o f raising and
do nating funds to charitable causes. During Dec ember
2002, the Fo undatio n ho sted its seco nd annual " On Our
Feet" fund- raising benefit with more than 1,000 members
of the spo rting co mmunity rallying to gether and raising
funds fo r the benefit o f wo rthy causes such as the United
Way of New Yo rk City.
Ackno wledgements
We recognize that o ur hard wo rking and lo yal wo rldwide
asso ciates are o ur greatest assets and a key c o mpetitive
strength. It is through their effo rts and dedicatio n that o ur
Co mpany was able to strengthen its leadership po sitio n
within the athletic industry during the past three years and
remain well po sitioned fo r future profitable growth.
The strength o f Fo o t Lo cker, Inc. is signific antly enhanc ed
by its lo ng- standing business relatio nships with its many
industry- leading vendo rs. In partic ular, we benefit fro m
the strength of o ur key merc handise suppliers who consis-
tantly pro vide o ur businesses with athletic offerings that
meet the fashion-tastes o f o ur custo mers. We believe these
merchandise suppliers, as a group, are the best that serv-
ice the retail industry.
Our Co mpany is also fortunate to benefit from the strength
of an experienced and diverse Bo ard of Direc to rs. Its g uid-
anc e co ntinues to co ntribute to the ongo ing success of o ur
Co mpany.
In summary, we are very encouraged by o ur progress dur-
ing the past three years and are o ptimistic abo ut the
future of o ur Co mpany. We believe that we are well po si-
tio ned in the athletic retail industry to co ntinue to gro w
o ur Co mpany profitably and pro vide a meaning ful return to
o ur shareho lders. Thank yo u fo r yo ur co ntinuing suppo rt of
Fo o t Lo cker, Inc.
J. Carter Baco t
Chairman o f the Bo ard
Matthew D. Serra
President and Chief Executive Officer
J. Carter Baco t
Chairman of the Board
Matthew D. Serra
Pre side nt and Chie f Exe cutive Office r
Fo o t Lo cker, Inc. remains well- po sitio ned in the specialty athletic retail
industry to co ntinue to generate meaningful earnings gro wth.