Foot Locker (FL)

FOOT LOCKER, INC. REPORTS FIRST QUARTER SALES

NEW YORK, NY, May 4, 2006 – Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today reported sales for the 13-week period ended April 29, 2006 of $1,364 million, versus $1,377 million in the comparable period last year, a decrease of 0.9 percent. For this same 13-week period, comparable store sales increased 0.5 percent. Excluding the effect of foreign currency fluctuations, total sales for the 13-week period increased 0.2 percent.

“First quarter comparable-store sales results were solid in our North American businesses, but continued to be weak in our European stores which partially reflected our less promotional posture than the first quarter of last year,” stated Matthew D. Serra, Foot Locker, Inc.’s Chairman and Chief Executive Officer. “In total, our sales fell short of our initial expectations and were also negatively impacted by European foreign currency exchange rates which were unfavorable versus the first quarter of last year. As a result, we currently expect that our first quarter 2006 earnings will be in the range of $0.36 to $0.37 per share.”

Foot Locker, Inc. plans to report its first quarter 2006 financial results on Wednesday, May 17, 2006. A conference call is scheduled on Thursday, May 18, 2006 for 10:00 a.m. EDT to discuss these results and provide guidance with regard to its earnings outlook for 2006. This conference call may be accessed live from the Investor Relations section of the Foot Locker, Inc. website at http://www.footlocker-inc.com. Please log-on to the website at least 15 minutes prior to the call in order to download any necessary software. The webcast conference call will be available for replay until 5:00 p.m. Monday, May 22, 2006. News releases are also available on the Internet at http://www.prnewswire.com or on Foot Locker, Inc.’s website at http://www.footlocker-inc.com.

Foot Locker, Inc. is a specialty athletic retailer that operates approximately 4,000 stores in 20 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.

FOOT LOCKER, INC. REPORTS FOURTH QUARTER SALES

NEW YORK, NY, February 2, 2006 – Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today reported sales for the 13-week period ended January 28, 2006 of $1,563 million, versus $1,535 million in the comparable period last year, an increase of 1.8 percent. For this same 13-week period, comparable store sales increased 3.9 percent.

For the 52-week period ended January 28, 2006, sales increased 5.5 percent to $5,652 million, from $5,355 million in the Company’s corresponding period last year. Comparable-store sales for the Company’s same 52-week period increased 2.7 percent.

Excluding the effect of foreign currency fluctuations, total sales for the 13-week and 52-week periods increased 3.6 percent and 5.5 percent, respectively.

“We are pleased with our consolidated fourth quarter comparable-store sales results, which were in line with our initial expectations,” stated Matthew D. Serra, Foot Locker, Inc.’s Chairman and Chief Executive Officer. “Very solid comparable-store sales increases were posted by each of our retail store divisions in North America, as well as our direct-to-customers business, partially reflecting a more promotional posture during the January clearance period than we had initially expected. As a result, our merchandise is better positioned for 2006 and within our inventory aging standard. Comparable-store sales in other international markets, primarily in Europe, continued to be challenging.”

The Company’s fourth quarter results include pre-tax income of $5 million, or $0.02 per share, primarily reflecting collections from its insurance companies related to recovery of losses sustained during the Company’s third fiscal quarter that resulted from Hurricanes Katrina, Rita and Wilma. Also in the fourth quarter, the Company expects its net income to be enhanced by approximately $6 to $9 million, or $0.04 to $0.06 per share, resulting from a reduction of its income tax valuation allowance due to actions taken to utilize international tax loss carryforwards. The Company currently expects its fourth quarter net income per share from continuing operations to be in the range of $0.60 to $0.63.

Foot Locker, Inc. plans to report fourth quarter 2005 and full year financial results on Wednesday, March 1, 2006. A conference call is scheduled on Thursday, March 2, 2006 for 10:00 a.m. EST to discuss these results and provide guidance with regard to its earnings outlook for 2006. This conference call may be accessed live from the Investor Relations section of the Foot Locker, Inc. website at http://www.footlocker-inc.com. Please log-on to the website at least 15 minutes prior to the call in order to download any necessary software. The webcast conference call will be available for replay until 5:00 p.m. Monday, March 6, 2006. News releases are also available on the Internet at http://www.prnewswire.com or on Foot Locker, Inc.’s website at http://www.footlocker-inc.com.

Foot Locker, Inc. is a specialty athletic retailer that operates approximately 4,000 stores in 20 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.

FOOT LOCKER, INC. REPORTS THIRD QUARTER SALES

NEW YORK, NY, November 3, 2005 – Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today reported sales for the 13-week period ended October 29, 2005 of $1,407 million, versus $1,366 million in the comparable period last year, an increase of 3.0 percent. For this same 13-week period, comparable store sales increased 2.7 percent.

For the 39-week period ended October 29, 2005, sales increased 7.0 percent to $4,088 million, from $3,820 million in the Company’s corresponding period last year. Comparable-store sales for the Company’s first nine months of its 2005 fiscal year increased 2.2 percent.

Excluding the effect of foreign currency fluctuations, total sales for the 13-week and 39-week periods increased 2.6 percent and 6.2 percent, respectively.

Comparable store sales for the Company’s third fiscal quarter reflected a mid-single digit increase at its combined U.S. businesses, led by strong increases at Footaction and Champs Sports. The Company’s international operations posted comparable store sales that were flat with last year, including a very low-single digit decrease at its European stores.

“Our recent merchandising initiatives at our European business have contributed to an improving sales trend during the third quarter versus the first six months of this year. These initiatives included increasing our promotional posture in select European markets -- a strategy designed to reduce our inventory growth rate and better compete in a more competitive environment. This initiative also led to a lower division profit margin in Europe, albeit at a rate still anticipated to be in the low-double-digit range. Additionally, our increased promotional strategy in Europe has contributed to our expected consolidated third quarter gross margin rate being lower than the same period of last year,” stated Matthew D. Serra, Foot Locker, Inc.’s Chairman and Chief Executive Officer.

Another significant challenge during the third quarter was dealing with the destruction from Hurricanes Katrina, Rita and Wilma. A charge of $4 million, or $0.02 per share, was recorded during the third quarter of 2005 to write down merchandise inventory and fixed assets that were destroyed as a result of these storms, net of anticipated insurance proceeds. The Company continues to work with its insurance broker and carriers in regard to the terms of its insurance coverages related to these storms, and expects to collect much of its sustained losses, which may result in the charge being reduced in a future reporting period. Additional charges, net of credits, totaling $3 million, or $0.01 per share were recorded during the third quarter primarily related to the potential insolvency of one of the Company’s third party insurance administrators and the settlement of litigation proceedings.

Mr. Serra continued, “We currently expect our third quarter net income per share from continuing operations to be in the range of $0.39 to $0.41. Third quarter earnings per share from continuing operations of $0.42 to $0.44 would have been expected without the $0.03 per share unanticipated charges outlined above.”

FOOT LOCKER, INC. REPORTS SECOND QUARTER SALES

NEW YORK, NY, August 2, 2005 – Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today reported sales for the 13-week period ended July 30, 2005 of $1,306 million, versus $1,268 million in the comparable period last year, an increase of 3.0 percent. For this same 13-week period, comparable store sales increased 1.3 percent.

For the 26-week period ended July 30, 2005, sales increased 9.3 percent to $2,682 million, from $2,454 million in the Company’s corresponding period last year. Comparable-store sales for the Company’s first six months of its 2005 fiscal year increased 2.0 percent.

Excluding the effect of foreign currency fluctuations, total sales for the 13-week and 26-week periods increased 2.2 percent and 8.2 percent, respectively.

Second quarter comparable store sales reflected a mid-single digit increase at the Company’s combined U.S. businesses, led by a double-digit increase at Champs Sports. Comparable-store sales results at the Company’s international Foot Locker operations were mixed with the Canadian and Asia/Pacific stores posting very solid mid-single digit increases, which were more than offset by a high-single digit decline at the Company’s European stores.

“While our European business remains productive, generating a double digit profit margin, our recent financial results in this region were below our expectations and very disappointing,” stated Matthew D. Serra, Foot Locker, Inc.’s Chairman and Chief Executive Officer. “Second quarter profit at Foot Locker Europe declined from the comparable period last year, more than offsetting the combined profit increase generated by our other divisions. Therefore, we currently expect earnings per share for the second quarter to be in the range of $0.27 to $0.29. Updated earnings per share guidance for the balance of 2005 will be provided on August 19, 2005 during our second quarter 2005 earnings conference call.”

Mr. Serra continued, “Our U.S. business, in contrast, has had improving sales and profit results. We continue to be encouraged with the building sales momentum at Footaction, whose results will be included in the Company’s comparable-store sales beginning in the third quarter of 2005.”

Foot Locker, Inc. plans to report second quarter 2005 and year-to-date results on Thursday, August 18, 2005. A conference call is scheduled on Friday, August 19, 2005 for 10:00 a.m. EDT to discuss these results and provide guidance with regard to its earnings outlook for the balance of 2005. This conference call may be accessed live from the Investor Relations section of the Foot Locker, Inc. website at http://www.footlocker-inc.com. Please log-on to the website at least 15 minutes prior to the call in order to download any necessary software. The webcast conference call will be available for replay until 5:00 p.m. Monday, August 29, 2005. News releases are also available on the Internet at http://www.prnewswire.com or on Foot Locker Inc.’s website at http://www.footlocker-inc.com.

Foot Locker, Inc. is a specialty athletic retailer that operates approximately 4,000 stores in 18 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.

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

FOOT LOCKER, INC. REPORTS FIRST QUARTER SALES

NEW YORK, NY, May 5, 2005 – Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today reported sales for the 13-week period ended April 30, 2005 of $1,377 million, versus $1,186 million in the comparable period last year, an increase of 16.1 percent. Comparable store sales for the Company’s 2005 first quarter increased 2.6 percent. Excluding the effect of foreign currency fluctuations, total sales for the 13-week period increased 14.5 percent.

“Our first quarter comparable-store sales reflected a mid-single digit increase in our U.S. business, led by a strong increase by our Champs Sports division,” stated Matthew D. Serra, Foot Locker, Inc.’s Chairman and Chief Executive Officer. “Sales in our Foot Locker Europe business declined mid-single digits, reflecting weak consumer confidence and an increased competitive environment in that region. In total, our first quarter comparable-store sales were in line with our previous guidance. We currently expect our 2005 first quarter earnings per share to increase 15-to-20 percent versus the first quarter of 2004.”

Foot Locker, Inc. plans to report its first quarter 2005 results on Wednesday, May 18, 2005. A conference call is scheduled on Thursday, May 19, 2005 for 10:00 a.m. EDT to discuss these results and provide guidance with regard to its earnings outlook for 2005. This conference call may be accessed live from the Investor Relations section of the Foot Locker, Inc. website at http://www.footlocker-inc.com. Please log-on to the website at least 15 minutes prior to the call in order to download any necessary software. The webcast conference call will be available for replay until 5:00 p.m., Monday, May 23, 2005. News releases are also available on the Internet at http://www.prnewswire.com or on Foot Locker Inc.'s website at http://www.footlocker-inc.com.

Foot Locker, Inc. is a specialty athletic retailer that operates approximately 4,000 athletic retail stores in 18 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.