FL » Topics » Foot Locker, Inc.

These excerpts taken from the FL 8-K filed Nov 20, 2009.
Foot Locker, Inc.
(Exact Name of Registrant as Specified in its Charter)

New York 1-10299 13-3513936
(State or other Jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation)   Identification No.)
 
112 West 34th Street, New York, New York 10120
(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code:

Foot Locker, Inc. 112 West 34th Street, New York, NY 10120


Financial Position
During the past 12 months, the Company generated $134 million of positive cash flow, after capital expenditures and shareholder dividends. The Company utilized $106 million of this cash to acquire CCS in November 2008 and $28 million is reflected on its third quarter balance sheet as an increase in its total cash position, net of debt versus the same period last year. At the end of the third quarter, the Company’s cash and short-term investments totaled $438 million. Merchandise inventory at the end of the third quarter was $1,228 million, or 2.7 percent less than the comparable period of last year.

Store Base Update
The Company opened 33 new stores, remodeled or relocated 130 stores, and closed 73 stores during the first nine months of this year. At October 31, 2009, the Company operated 3,601 stores in 21 countries in North America, Europe and Australia. In addition, 20 franchised stores are currently operating in the Middle East and South Korea.

The Company is hosting a live conference call at 9:00 a.m. (ET) on Friday, November 20, 2009 to discuss these results. This conference call may be accessed live from the Investor Relations section of the Foot Locker, Inc. website at http://www.footlocker-inc.com. The conference call will be available for webcast replay until 5:00 p.m. on Friday, November 27, 2009.

This excerpt taken from the FL 8-K filed Nov 19, 2009.
Foot Locker, Inc.
(Exact Name of Registrant as Specified in its Charter)

New York    1-10299    13-3513936 
(State or other Jurisdiction    (Commission File Number)    (I.R.S. Employer 
of Incorporation)        Identification No.) 
 
112 West 34th Street, New York, New York    10120 
(Address of Principal Executive Offices)    (Zip Code) 

Registrant's telephone number, including area code:

This excerpt taken from the FL 8-K filed Aug 21, 2009.
Foot Locker, Inc 112 West 34th Street New York, NY 10120


Store Base Update
During the first six months of the year, the Company opened 26 new stores, remodeled/relocated 89 stores and closed 52 stores. At August 1, 2009, the Company operated 3,615 stores in 21 countries in North America, Europe and Australia. In addition, 19 franchised stores were operating in the Middle East and South Korea.

Mr. Serra continued, “While our financial results for the second quarter were affected by the macro external environment, we emerged from the period with a strong cash balance and improved merchandise inventory position. Until we see enduring signs of a pick-up in overall consumer spending, we plan to continue to control the key controllables of our business, with an objective of reducing our operating expenses and optimizing inventory management. Additionally, a strong commitment to maintaining our strong financial position and generating positive cash flow will remain a high priority.”

The Company is hosting a live conference call at 9:00 a.m. (ET) on Friday, August 21, 2009 to discuss these results. This conference call may be accessed live from the Investor Relations section of the Foot Locker, Inc. website at http://www.footlocker-inc.com. The conference call will be available for webcast replay until 5:00 p.m. on Friday, August 28, 2009.

This excerpt taken from the FL 8-K filed Aug 21, 2009.

Foot Locker, Inc.

(Exact Name of Registrant as Specified in its Charter)

 

New York 1-10299 13-3513936
(State or other Jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation)   Identification No.)

 

112 West 34th Street, New York, New York 10120
(Address of Principal Executive Offices); (Zip Code)

 

Registrant’s telephone number, including area code:

These excerpts taken from the FL 8-K filed Jun 26, 2009.
Foot Locker, Inc.
(Exact Name of Registrant as Specified in its Charter)

New York  1-10299  13-3513936 
(State or other Jurisdiction  (Commission File Number)  (I.R.S. Employer 
of Incorporation)    Identification No.) 

112 West 34th Street, New York, New York    10120 
(Address of Principal Executive Offices)    (Zip Code) 

Registrant's telephone number, including area code:

Foot Locker, Inc. 112 West 34th Street New York NY 10120 Tel. 212.720.3700


Matthew D. Serra, age 64, joined Foot Locker, Inc. in 1998 as President and Chief Executive Officer of Foot Locker Worldwide. He became President and Chief Operating Officer in 2000, President and Chief Executive Officer in 2001, and Chairman of the Board in 2004.

Foot Locker, Inc. is the world’s leading retailer of athletic footwear and apparel. Headquartered in New York City, it operates approximately 3,600 athletic retail stores in 21 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/CCS business operates a direct-to-customers business offering athletic footwear, apparel, and equipment through its Internet and catalog channels.

This excerpt taken from the FL 8-K filed May 27, 2009.

Foot Locker, Inc.

(Exact Name of Registrant as Specified in its Charter)

 

New York

1-10299

13-3513936

(State or other Jurisdiction
of Incorporation)

(Commission File Number)

(I.R.S. Employer
Identification No.)

 

112 West 34th Street, New York, New York

10120

(Address of Principal Executive Offices)

(Zip Code)

 

Registrant's telephone number, including area code: 212-720-3700

 

Former Name/Address
(Former name or former address, if changed from last report)

 

_____________________

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 



 

 

Item 5.03.

Amendments to Articles of Incorporation or By-laws;
Change in Fiscal Year                                                             

 

 

At the annual shareholders’ meeting of Foot Locker, Inc. (the “Company”) held on May 20, 2009, shareholders approved an amendment to Article II, Section 1 of the Company’s By-Laws to reduce the number of directors from a range of 9 to 17 persons to a range of 7 to 13 persons, with the exact number within the range to be determined by the entire Board of Directors from time to time. A copy of the By-laws, as amended, is attached hereto as Exhibit 3.1, which in its entirety is incorporated herein by reference.

 

Item 9.01.

Financial Statements and Exhibits.

 

(c)

Exhibits

 

3.1

By-laws of Foot Locker, Inc., as amended

 

 

 

 

 

 

 

 

This excerpt taken from the FL 8-K filed May 22, 2009.
Foot Locker, Inc.
(Exact Name of Registrant as Specified in its Charter)

New York 1-10299 13-3513936
(State or other Jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation)   Identification No.)
 
112 West 34th Street, New York, New York 10120
(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code:  

This excerpt taken from the FL DEF 14A filed Apr 9, 2009.

Foot Locker, Inc.

(Name of Registrant as Specified in its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

 

 

 

Payment of filing fee (Check the appropriate box):

     

S

 

No fee required.

     

£

 

Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.

 

 

 

 

 

 

(1

)

 

Title of each class of securities to which transaction applies:

 

 

 

 

 

 

(2

)

 

Aggregate number of securities to which transaction applies:

 

 

 

 

 

 

(3

)

 

Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the filing fee is calculated and state how it was determined):

 

 

 

 

 

 

(4

)

 

Proposed maximum aggregate value of transaction:

 

 

 

 

 

 

(5

)

 

Total fee paid:

 

 

 

 

 

£

  Fee paid previously with preliminary materials.

 

 

 

 

 

£

  Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

 

 

 

 

 

     

(1

)

  Amount previously paid:

 

 

 

 

 

     

(2

)

  Form, schedule or registration statement no.:

 

 

 

 

 

      (3

)

  Filing party:

 

 

 

 

 

      (4

)

  Date filed:

 


NOTICE OF 2009 ANNUAL MEETING
AND
PROXY STATEMENT


This excerpt taken from the FL 8-K filed Mar 31, 2009.
Foot Locker, Inc.
(Exact Name of Registrant as Specified in its Charter)

New York  1-10299  13-3513936 
(State or other Jurisdiction  (Commission File Number)  (I.R.S. Employer 
of Incorporation)    Identification No.) 
 
112 West 34th Street, New York, New York  10120 
(Address of Principal Executive Offices)  (Zip Code) 

Registrant's telephone number, including area code:

This excerpt taken from the FL 8-K filed Mar 5, 2009.
Foot Locker, Inc.
(Exact Name of Registrant as Specified in its Charter)

New York 1-10299 13-3513936
(State or other Jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation)   Identification No.)
 
112 West 34th Street, New York, New York 10120
(Address of Principal Executive Offices) (Zip Code)

Registrant's telephone number, including area code:

This excerpt taken from the FL 8-K filed Dec 18, 2008.
Foot Locker, Inc.
(Exact Name of Registrant as Specified in its Charter)

New York   1-10299   13-3513936
(State or other Jurisdiction   (Commission File Number)   (I.R.S. Employer
of Incorporation)       Identification No.)
 
112 West 34th Street, New York, New York   10120
(Address of Principal Executive Offices)   (Zip Code)

Registrant's telephone number, including area code:

This excerpt taken from the FL 8-K filed Nov 25, 2008.
Foot Locker, Inc.
(Exact Name of Registrant as Specified in its Charter)

New York   1-10299   13-3513936
(State or other Jurisdiction   (Commission File Number)   (I.R.S. Employer
of Incorporation)       Identification No.)
 
112 West 34th Street, New York, New York     10120
(Address of Principal Executive Offices)     (Zip Code)

Registrant’s telephone number, including area code:

These excerpts taken from the FL 8-K filed Nov 21, 2008.
Foot Locker, Inc.
(Exact Name of Registrant as Specified in its Charter)

New York 1-10299 13-3513936
(State or other Jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation)   Identification No.)
 
112 West 34th Street, New York, New York 10120
(Address of Principal Executive Offices) (Zip Code)

Registrant's telephone number, including area code:

Foot Locker, Inc. 112 West 34th Street, New York, NY 10120


Year-to-date sales decreased 0.9 percent to $3,920 million compared with sales of $3,955 million last year. Excluding the effect of foreign currency fluctuations, total sales for the thirty-nine week period decreased 2.8 percent. Comparable-store sales decreased 1.7 percent.

Financial Position
At the end of the third quarter, the Company’s cash and short-term investments totaled $400 million. The Company’s total cash position, net of debt, at the end of the third quarter was $272 million, an increase of $174 million versus the same time last year. After the close of the third quarter, the Company completed the cash purchase of CCS for $103 million. Merchandise inventory at the end of the third quarter was $214 million, or 14.5 percent less than the comparable period of last year.

Store Base Update
The Company opened 58 new stores, remodeled or relocated 194 stores, and closed 129 stores during the first nine months of this year. At November 1, 2008, the Company operated 3,714 stores in 21 countries in North America, Europe and Australia. In addition, 16 franchised stores are currently operating in the Middle East and South Korea.

Updated Earnings Guidance
The Company expects its net income for fiscal 2008, excluding impairment charges, to be in a range of $0.50 to $0.63 per share. This estimate is a decrease from its previous guidance of $0.70 to $0.85 reflecting the Company’s actual results for its third fiscal quarter and a more guarded outlook for its fourth fiscal quarter.

The Company is hosting a live conference call at 9:00 a.m. (ET) on Friday, November 21, 2008 to discuss these results. This conference call may be accessed live from the Investor Relations section of the Foot Locker, Inc. website at http://www.footlocker-inc.com. The conference call will be available for webcast replay until 5:00 p.m. on Friday, November 28, 2008.

This excerpt taken from the FL 8-K filed Nov 6, 2008.
Foot Locker, Inc. 112 West 34th Street, New York, NY 10120


Foot Locker, Inc. is a specialty athletic retailer that operates approximately 3,700 stores in 21 countries in North America, Europe and Australia. Through its Foot Locker, Footaction, Lady Foot Locker, Kids Foot Locker and Champs Sports retail stores, as well as its direct-to-customer channel Footlocker.com/Eastbay, the Company is the leading provider of athletic footwear and apparel.

This excerpt taken from the FL 8-K filed Oct 1, 2008.
Foot Locker, Inc.
(Exact Name of Registrant as Specified in its Charter)

  New York    1-10299    13-3513936   
  (State or other Jurisdiction    (Commission File Number)    (I.R.S. Employer   
  of Incorporation)        Identification No.)   
 
112 West 34th Street, New York, New York    10120   
(Address of Principal Executive Offices)    (Zip Code)   

Registrant's telephone number, including area code:

This excerpt taken from the FL 8-K filed Sep 30, 2008.
Foot Locker, Inc.
(Exact Name of Registrant as Specified in its Charter)

  New York    1-10299    13-3513936   
  (State or other Jurisdiction    (Commission File Number)    (I.R.S. Employer   
  of Incorporation)        Identification No.)   
 
112 West 34th Street, New York, New York    10120   
(Address of Principal Executive Offices)    (Zip Code)   

Registrant's telephone number, including area code:

These excerpts taken from the FL 8-K filed Sep 30, 2008.
Foot Locker, Inc.
(Exact Name of Registrant as Specified in its Charter)


New York 1-10299 13-3513936
(State or other Jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation)   Identification No.)
 
112 West 34th Street, New York, New York 10120
(Address of Principal Executive Offices) (Zip Code)

Registrant's telephone number, including area code:  

Foot Locker, Inc. 112 West 34th Street, New York, NY 10120


Foot Locker, Inc. is a specialty athletic retailer that operates approximately 3,700 stores in 21 countries in North America, Europe and Australia. Through its Foot Locker, Footaction, Lady Foot Locker, Kids Foot Locker and Champs Sports retail stores, as well as its direct-to-customer channel Footlocker.com/Eastbay, the Company is the leading provider of athletic footwear and apparel.

These excerpts taken from the FL 8-K filed Aug 22, 2008.
Foot Locker, Inc.
(Exact Name of Registrant as Specified in its Charter)

New York  1-10299  13-3513936 
(State or other Jurisdiction  (Commission File Number)  (I.R.S. Employer 
of Incorporation)    Identification No.) 

112 West 34th Street, New York, New York  10120 
(Address of Principal Executive Offices)  (Zip Code) 

Registrant’s telephone number, including area code:

Foot Locker, Inc. 112 West 34th Street, New York, NY 10120


In line with a strategic initiative designed to improve inventory management, the Company’s merchandise inventory at the end of the second quarter was 3.5 percent lower than at the end of the second quarter last year. On a constant currency basis, merchandise inventory was 5.4 percent below last year. At the Company’s combined U.S. store businesses, merchandise inventory has been reduced by approximately 10 percent versus the level two years ago.

This excerpt taken from the FL 8-K filed May 27, 2008.

Foot Locker, Inc.

(Exact Name of Registrant as Specified in its Charter)

New York  1-10299  13-3513936 
(State or other Jurisdiction  (Commission File Number)  (I.R.S. Employer 
of Incorporation)    Identification No.) 

112 West 34th Street, New York, New York  10120 
(Address of Principal Executive Offices)  (Zip Code) 

Registrant's telephone number, including area code:

This excerpt taken from the FL 8-K filed May 21, 2008.

Foot Locker, Inc.

(Exact Name of Registrant as Specified in its Charter)

     
New York
(State or other Jurisdiction
of Incorporation)
1-10299
(Commission File Number)
13-3513936
(I.R.S. Employer
Identification No.)
     
112 West 34th Street, New York, New York
(Address of Principal Executive Offices)
  10120
(Zip Code)

Registrant’s telephone number, including area code: 212-720-3700

Former Name/Address
(Former name or former address, if changed from last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 

 


This excerpt taken from the FL 8-K filed Apr 29, 2008.
Foot Locker, Inc.
(Exact Name of Registrant as Specified in its Charter)

New York   1-10299   13-3513936
(State or other Jurisdiction   (Commission File Number)   (I.R.S. Employer
of Incorporation)       Identification No.)

112 West 34th Street, New York, New York   10120
(Address of Principal Executive Offices) (Zip Code)

Registrant's telephone number, including area code:

This excerpt taken from the FL DEFA14A filed Apr 10, 2008.

Foot Locker, Inc.

(Name of Registrant as Specified in its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

 

 

 

Payment of filing fee (Check the appropriate box):

     

S

 

No fee required.

     

£

 

Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.

 

 

 

 

 

 

(1

)

 

Title of each class of securities to which transaction applies:

 

 

 

 

 

 

(2

)

 

Aggregate number of securities to which transaction applies:

 

 

 

 

 

 

(3

)

 

Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the filing fee is calculated and state how it was determined):

 

 

 

 

 

 

(4

)

 

Proposed maximum aggregate value of transaction:

 

 

 

 

 

 

(5

)

 

Total fee paid:

 

 

 

 

 

£

  Fee paid previously with preliminary materials.

 

 

 

 

 

£

  Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

 

 

 

 

 

     

(1

)

  Amount previously paid:

 

 

 

 

 

     

(2

)

  Form, schedule or registration statement no.:

 

 

 

 

 

      (3

)

  Filing party:

 

 

 

 

 

      (4

)

  Date filed:

 



This excerpt taken from the FL DEFA14A filed Apr 10, 2008.

Foot Locker, Inc.

(Name of Registrant as Specified in its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

 

 

 

Payment of filing fee (Check the appropriate box):

     

S

 

No fee required.

     

£

 

Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.

 

 

 

 

 

 

(1

)

 

Title of each class of securities to which transaction applies:

 

 

 

 

 

 

(2

)

 

Aggregate number of securities to which transaction applies:

 

 

 

 

 

 

(3

)

 

Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the filing fee is calculated and state how it was determined):

 

 

 

 

 

 

(4

)

 

Proposed maximum aggregate value of transaction:

 

 

 

 

 

 

(5

)

 

Total fee paid:

 

 

 

 

 

£

  Fee paid previously with preliminary materials.

 

 

 

 

 

£

  Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

 

 

 

 

 

     

(1

)

  Amount previously paid:

 

 

 

 

 

     

(2

)

  Form, schedule or registration statement no.:

 

 

 

 

 

      (3

)

  Filing party:

 

 

 

 

 

      (4

)

  Date filed:

 


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