Foot Locker 2005 Annual Report Download - page 2

Download and view the complete annual report

Please find page 2 of the 2005 Foot Locker annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 133

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133

About the Company
Foot Locker, Inc. (NYSE: FL) is the world's leading
retailer of athletic footwear and apparel. Headquartered
in New York City, it operates approximately 4,000 ath-
letic retail stores in 20 countries in North America,
Europe and Australia under the brand names Foot
Locker, Footaction, Lady Foot Locker, Kids Foot Locker
and Champs Sports.
Additionally, the Company's Footlocker.com/Eastbay
business operates a rapidly growing direct-to-customers
business offering athletic footwear, apparel and equip-
ment through its Internet and catalog channels.
Table of Contents
Shareholdersā€™ Letter 2 Business Overview 5 Foot Locker 6 Champs Sports 8 Footaction 9 Kids Foot Locker/Lady Foot Locker 10
Footlocker.com/Eastbay 11 Community Involvement 12 Form 10-K 13 Board of Directors, Corporate Management, Division Management,
Corporate Information IBC
FOOT LOCKER, INC.
Cover image illustrates Sales and Diluted EPS from Continuing Operations.
FINANCIAL HIGHLIGHTS
(Millions, except per share amounts)
2001 2002 2003 2004 2005
Sales $ 4,379 $ 4,509 $4,779 $ 5,355 $5,653
Total operating profit $ 197 $ 269 $ 342 $ 389 $ 409
Income from continuing operations $ 111 $ 162 $ 209 $ 255 $ 263
Diluted EPS from continuing operations $ 0.77 $ 1.10 $ 1.40 $ 1.64 $ 1.67
Cash, cash equivalents and short-term
investment position, net of debt $ (184) $ ā€” $ 113 $ 127 $ 261
Athletic stores sales
per average gross square foot (dollars) $ 306 $ 316 $ 335 $ 345 $ 361