Foot Locker 2004 Annual Report Download - page 19

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Laurie J. Petrucci, age 46, has served as Senior Vice President — Human Resources since May 2001. Ms. Petrucci served
as Senior Vice President — Human Resources of Foot Locker Worldwide from March 2000 to April 2001. She served as Vice
President of Organizational Development and Training of Foot Locker Worldwide from February 1999 to March 2000.
Peter D. Brown, age 50, has served as Vice President — Investor Relations and Treasurer since October 2001. Mr. Brown
served as Vice President — Investor Relations and Corporate Development from April 2001 to October 2001 and as Assistant
Treasurer — Investor Relations and Corporate Development from August 2000 to April 2001. He served as Vice President
and Chief Financial Officer of Lady Foot Locker from October 1999 to August 2000.
Robert W. McHugh, age 46, has served as Vice President and Chief Accounting Officer since January 2000.
There are no family relationships among the executive officers or directors of the Company.
PART II
Item 5. Market for the Company’s Common Equity, Related Stockholder Matters and Issuer Purchases of
Equity Securities
Information regarding the Company’s market for stock exchange listings, common equity, quarterly high and low
prices and dividend policy are contained in the “Shareholder Information and Market Prices” footnote under “Item 8.
Consolidated Financial Statements and Supplementary Data.”
This table provides information with respect to purchases by the Company of shares of its Common Stock during the
fourth quarter of 2004:
Total Number
of Shares
Purchased
(1)
Average
Price
Paid per
Share
(1)
Total Number of
Shares Purchased
as Part of Publicly
Announced Program
(2)
Approximate Dollar Value
of Shares that May Yet be
Purchased Under the
Program
(2)
Oct. 31, 2004 through Nov. 27, 2004 ......... $ — $50,000,000
Nov. 28, 2004 through Jan. 1, 2005 ........... 6,670 26.28 50,000,000
Jan. 2, 2005 through Jan. 29, 2005 ........... — 50,000,000
Total .......................................... 6,670 $26.28 —
(1) These columns reflect shares purchased through option exercises by stock swaps.
(2) On November 20, 2002, the Company announced that the Board of Directors authorized the purchase of up to $50 million of the Company’s Common
Stock; no purchases have been made under this program. This authorization will terminate on February 3, 2006.
Item 6. Selected Financial Data
Selected financial data is included as the “Five Year Summary of Selected Financial Data” footnote in “Item 8.
Consolidated Financial Statements and Supplementary Data.”
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations
Business Overview
Foot Locker, Inc., through its subsidiaries, operates in two reportable segments — Athletic Stores and Direct-to-
Customers. The Athletic Stores segment is one of the largest athletic footwear and apparel retailers in the world, whose
formats include Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports and Footaction (beginning May 2004).
The Direct-to-Customers segment reflects Footlocker.com, Inc., which sells, through its affiliates, including Eastbay, Inc.,
to customers through catalogs and Internet websites.
The Foot Locker brand is one of the most widely recognized names in the market segments in which the Company
operates, epitomizing high quality for the active lifestyle customer. This brand equity has aided the Company’s ability
to successfully develop and increase its portfolio of complementary retail store formats, specifically, Lady Foot Locker and
Kids Foot Locker, as well as Footlocker.com, Inc., its direct-to-customers business. Through various marketing channels,
3