FL » Topics » Item 2.02 . Results of Operation and Financial Condition

This excerpt taken from the FL 8-K filed Nov 20, 2009.

Item 2.02.      Results of Operation and Financial Condition

     On November 19, 2009, Foot Locker, Inc. (the “Company”) issued a press release announcing its operating results for the third quarter of 2009. The press release includes a non-GAAP financial measure of third quarter and year-to-date net income before an impairment charge, which the Company believes provides a useful measure to investors because it allows for a more direct comparison of the Company’s performance for the third quarter and year-to-date 2009 to the Company’s performance in the prior-year periods. The non-GAAP financial measure is provided in addition to, and not as an alternative for, the Company’s reported results prepared in accordance with GAAP. A reconciliation schedule to GAAP is provided in the release.

     A copy of the press release is furnished as Exhibit 99.1, which, in its entirety, is incorporated herein by reference.

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

Item 2.02.      Results of Operation and Financial Condition

     On August 20, 2009, Foot Locker, Inc. (the “Company”) issued a press release announcing its operating results for the second quarter of 2009. The press release includes a non-GAAP financial measure of the prior year’s net income for the first six-months of that year before store closing expenses and a non-cash impairment charge, which the Company believes is a useful measure to investors because it allows for a more direct comparison of the Company’s performance for year-to-date 2009 to the Company’s year-to-date 2008 performance. A reconciliation schedule of the non-GAAP measures to GAAP is provided in the release.

     A copy of the press release is furnished as Exhibit 99.1, which, in its entirety, is incorporated herein by reference.

Item 9.01.      Financial Statements and Exhibits
     
(c)   Exhibits
     
99.1   Press Release of Foot Locker, Inc. dated August 20, 2009 reporting operating results for the second quarter of 2009.
     


SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

    FOOT LOCKER, INC.
    (Registrant)
 
Date: August 20, 2009   By: /s/ Robert W. McHugh
          Executive Vice President and
           Chief Financial Officer


This excerpt taken from the FL 8-K filed May 22, 2009.

Item 2.02.     Results of Operation and Financial Condition

          On May 21, 2009, Foot Locker, Inc. (the “Company”) issued a press release announcing its operating results for the first quarter of 2009. The press release includes a non-GAAP financial measure of the prior-year period net income before an impairment charge and store closing expenses, which the Company believes is a useful measure to investors because it allows for a more direct comparison of the Company’s performance for the first quarter of 2009 to the Company’s performance in the prior-year period. A reconciliation schedule of the non-GAAP measures to GAAP is provided in the release.

          A copy of the press release is furnished as Exhibit 99.1, which, in its entirety, is incorporated herein by reference.

This excerpt taken from the FL 8-K filed Mar 5, 2009.

Item 2.02.     Results of Operation and Financial Condition

     On March 4, 2009, Foot Locker, Inc. (the “Company”) issued a press release announcing its operating results for the fourth quarter and full-year 2008. The press release includes a non-GAAP financial measure of fourth quarter and year-to-date Income from Continuing Operations before non-cash impairment charges, store closing expenses, and an income tax valuation allowance adjustment. The Company is providing this information because it believes that excluding these charges from Income from Continuing Operations provides a useful measure to investors in evaluating the Company’s year-over-year performance. The non-GAAP financial measures are provided in addition to, and not as alternatives for, the Company’s reported results prepared in accordance with GAAP. A reconciliation schedule to GAAP is provided in the release.

     The Company also reported in its press release that, in preparing its consolidated financial statements for its 2008 fiscal year, it discovered errors in its calculation of income tax expense for the 2007 fiscal year. The net income and earnings per share for the 2007 fourth quarter and full-year periods, as presented in this release, were decreased by $9 million from the amounts previously reported to reflect the Company’s preliminary estimate of the effect of those errors on its financial statements. The Company’s Form 10-K to be filed for 2008 will reflect the final income tax expense calculations, which may change the Company’s 2007 and 2008 net income and earnings per share from that presented in this release.

     A copy of the press release is furnished as Exhibit 99.1, which, in its entirety, is incorporated herein by reference.

Item 9.01.       Financial Statements and Exhibits

(c)      Exhibits

  99.1 Press Release of Foot Locker, Inc. dated March 4, 2009 reporting operating results for the fourth quarter and full-year 2008.

SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

  FOOT LOCKER, INC.
  (Registrant)
 
Date: March 4, 2009 By: /s/ Robert W. McHugh
    Senior Vice President and
    Chief Financial Officer


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

Item 2.02.      Results of Operation and Financial Condition

          On November 20, 2008, Foot Locker, Inc. (the “Company”) issued a press release announcing its operating results for the third quarter of 2008. The press release includes a non-GAAP financial measure of third quarter and year-to-date net income before an impairment charge and store closing program costs, which the Company believes is a useful measure to investors because it allows for a more direct comparison of the Company’s performance for the quarter and year to date with the Company’s performance in the prior-year periods. A reconciliation schedule to GAAP is provided in the release. The Company also updated its earnings guidance for the 2008 fiscal year.

          A copy of the press release is furnished as Exhibit 99.1, which, in its entirety, is incorporated herein by reference.

This excerpt taken from the FL 8-K filed Aug 22, 2008.

Item 2.02.       Results of Operation and Financial Condition

     On August 21, 2008, Foot Locker, Inc. (the “Company”) issued a press release announcing its operating results for the second quarter of 2008. The press release includes a non-GAAP financial measure of year-to-date net income before the non-cash impairment charge and store closing expenses, which the Company believes is a useful measure to investors because it allows for a more direct comparison of the Company’s performance for the year to date with the Company’s performance in the prior-year period. A reconciliation schedule to GAAP is provided in the release.

     A copy of the press release is furnished as Exhibit 99.1, which, in its entirety, is incorporated herein by reference.

Item 9.01.       Financial Statements and Exhibits

(c)       Exhibits

  99.1 Press Release of Foot Locker, Inc. dated August 21, 2008 reporting operating results for the second quarter of 2008.
     
     

 

 

SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

  FOOT LOCKER, INC. 
  (Registrant) 
 
Date: August 21, 2008  By: /s/ Robert W. McHugh 
    Senior Vice President and 
    Chief Financial Officer 


This excerpt taken from the FL 8-K filed May 22, 2008.

Item 2.02. Results of Operation and Financial Condition

     On May 22, 2008, Foot Locker, Inc. (the “Company”) issued a press release announcing its operating results for the first quarter of 2008. The press release includes a non-GAAP financial measure of first quarter net income before the non-cash impairment charge and store closing expenses, which the Company believes is a useful measure to investors because it allows for a more direct comparison of the Company’s performance for the quarter with the Company’s performance in the prior-year period. A reconciliation schedule to GAAP is provided in the release.

     A copy of the press release is furnished as Exhibit 99.1, which, in its entirety, is incorporated herein by reference.

This excerpt taken from the FL 8-K filed Mar 11, 2008.

Item 2.02.      Results of Operation and Financial Condition

                       On March 10, 2008, Foot Locker, Inc. (the “Company”) issued a press release announcing its operating results for the fourth quarter and full year 2007. The press release includes a non-GAAP financial measure of fourth quarter and full-year net income before the non-cash impairment charges, the incremental expenses of closing stores, the reduction of an income tax valuation allowance, and the benefit of an additional week in fiscal 2006, which the Company believes is a useful measure to investors because it allows for a more direct comparison of the Company’s performance for the quarter and year with the Company’s performance in prior periods. A reconciliation schedule to GAAP is provided in the release.

                       A copy of the press release is furnished as Exhibit 99.1, which, in its entirety, is incorporated herein by reference.

Item 9.01.      Financial Statements and Exhibits

(c)       Exhibits

    99.1     

Press Release of Foot Locker, Inc. dated March 10, 2008 reporting operating results for the fourth quarter and full year 2007.

 

 

SIGNATURE

          Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     
    FOOT LOCKER, INC.
    (Registrant)
 
Date: March 10, 2008   By:  /s/ Robert W. McHugh
      Senior Vice President and
      Chief Financial Officer

 

 



This excerpt taken from the FL 8-K filed Nov 21, 2007.

Item 2.02.      Results of Operation and Financial Condition

                       On November 20, 2007, Foot Locker, Inc. (the “Company”) issued a press release announcing its operating results for the third quarter of 2007. The press release includes a non-GAAP financial measure of third quarter and year-to-date net income before the non-cash impairment charge and the incremental expenses of closing stores, which the Company believes is a useful measure to investors because it allows for a more direct comparison of the Company’s performance for the quarter with the Company’s performance in prior quarters. A copy of the press release is furnished as Exhibit 99.1, which, in its entirety, is incorporated herein by reference.

Item 9.01.      Financial Statements and Exhibits

(c)         Exhibits

99.1      Press Release of Foot Locker, Inc. dated November 20, 2007 reporting operating results for the third quarter of 2007.
 



SIGNATURE

          Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

    FOOT LOCKER, INC.
    (Registrant)
 
Date: November 20, 2007   By: /s/ Robert W. McHugh
          Senior Vice President and
          Chief Financial Officer


This excerpt taken from the FL 8-K filed Aug 23, 2007.

Item 2.02. Results of Operation and Financial Condition

                 On August 22, 2007, Foot Locker, Inc. issued a press release announcing its operating results for the second quarter of 2007. A copy of the press release is furnished as Exhibit 99.1, which, in its entirety, is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits

(c)      Exhibits

99.1    Press Release of Foot Locker, Inc. dated August 22, 2007 reporting operating results for the second quarter of 2007.
 

SIGNATURE

          Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

    FOOT LOCKER, INC.
    (Registrant)
 
Date: August 22, 2007   By: /s/ Robert W. McHugh
          Senior Vice President and
          Chief Financial Officer


This excerpt taken from the FL 8-K filed May 24, 2007.

Item 2.02. Results of Operation and Financial Condition

     On the Form 8-K filed by Foot Locker, Inc. (the “Company”) on May 24, 2007, there was a minor footing error in the total liabilities and shareholders’ equity as of May 5, 2007 contained in the Condensed Consolidated Balance Sheets (Unaudited) attached to the Company’s first quarter 2007 earnings release. A corrected copy of the balance sheet is attached hereto as Exhibit 99.1, which, in its entirety, is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits

(c)      Exhibits

     99.1      Condensed Consolidated Balance Sheets (Unaudited) of Foot Locker, Inc.

 

 

SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

    FOOT LOCKER, INC.
    (Registrant)
 
Date: May 24, 2007   By: Robert W. McHugh
               Senior Vice President and Chief Financial
               Officer


This excerpt taken from the FL 8-K filed May 24, 2007.

Item 2.02.      Results of Operation and Financial Condition

                       On May 23, 2007, Foot Locker, Inc. issued a press release announcing its operating results for the first quarter of 2007. A copy of the press release is furnished as Exhibit 99.1, which, in its entirety, is incorporated herein by reference.

Item 9.01.      Financial Statements and Exhibits

(c)      Exhibits

      99.1   

Press Release of Foot Locker, Inc. dated May 23, 2007 reporting operating results for the first quarter of 2007.

 

 

SIGNATURE

          Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

   
  FOOT LOCKER, INC.
  (Registrant)
 
Date: May 23, 2007 By:   /s/ Robert W. McHugh
    Senior Vice President and Chief Financial
    Officer


This excerpt taken from the FL 8-K filed May 14, 2007.
Results of Operation and Financial Condition

 

On May 10, 2007, Foot Locker, Inc. (the “Company”) issued a press release updating its earnings estimate for the first quarter of 2007. A copy of the press release is furnished as Exhibit 99.1, which, in its entirety, is incorporated herein by reference.

 

 

Item 9.01.

Financial Statements and Exhibits

 

(c) Exhibits
99.1         Press Release of Foot Locker, Inc. dated May 10, 2007 updating its earnings estimate for the first quarter of 2007.

 

 

 



 

 

This excerpt taken from the FL 8-K filed Mar 8, 2007.
Item 2.02.           Results of Operation and Financial Condition
Item 7.01.           Regulation FD Disclosure                                             

                            On March 7, 2007, Foot Locker, Inc. (the “Company”) issued a press release announcing its operating results for the fourth quarter and full year 2006 ended February 3, 2007. As stated in the press release, the fourth quarter and the 2006 fiscal year included an additional week in accordance with the National Retail Federation’s recommended calendar. Included with the release is a condensed consolidated statement of operations, showing the results for both the 13- and 14-week quarter and the 52- and 53-week year. Management believes that presentation of 2006 information on a 13- and 52-week basis provides useful information to investors regarding the Company’s results of operation by permitting comparisons with the 2005 13-week quarter and 52-week year.

                            A copy of the press release is furnished as Exhibit 99.1, which, in its entirety, is incorporated herein by reference.

Item 9.01.           Financial Statements and Exhibits

(c)        Exhibits

      99.1     

Press Release of Foot Locker, Inc. dated March 7, 2007 reporting operating results for the fourth quarter and full year 2006.

 

SIGNATURE

          Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

  FOOT LOCKER, INC.
  (Registrant)
 
Date: March 7, 2007 By:   /s/ Robert W. McHugh
    Senior Vice President and Chief Financial
    Officer


This excerpt taken from the FL 8-K filed Feb 8, 2007.

Item 2.02.   Results of Operation and Financial Condition

     On February 8, 2007, Foot Locker, Inc. (the “Company”) issued a press release announcing its sales results for the fourth quarter and full year 2006. A copy of the press release is furnished as Exhibit 99.1, which, in its entirety, is incorporated herein by reference.

This excerpt taken from the FL 8-K filed Aug 18, 2006.

Item 2.02. Results of Operation and Financial Condition

               On August 17, 2006, Foot Locker, Inc. issued a press release announcing its operating results for the second quarter of 2006. A copy of the press release is furnished as Exhibit 99.1, which, in its entirety, is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

 

 

 

(c) 

Exhibits

 

 

 

 

99.1

  Press Release of Foot Locker, Inc. dated August 17, 2006 reporting operating results for the second quarter of 2006.

SIGNATURE

          Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

FOOT LOCKER, INC.

 

(Registrant)

 

 

Date: August 17, 2006

By: 

/s/ Robert W. McHugh

 

 


 

 

Senior Vice President and Chief Financial Officer



This excerpt taken from the FL 8-K filed Feb 2, 2006.
Results of Operation and Financial Condition

 

On February 2, 2006, Foot Locker, Inc. issued a press release announcing its sales results for the fourth quarter and full year 2005. A copy of the press release is furnished as Exhibit 99.1, which, in its entirety, is incorporated herein by reference.

 

This excerpt taken from the FL 8-K filed Nov 18, 2005.
Results of Operation and Financial Condition

 

On November 17, 2005, Foot Locker, Inc. issued a press release announcing its operating results for the third quarter of 2005. A copy of the press release is furnished as Exhibit 99.1, which, in its entirety, is incorporated herein by reference.

 

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