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[22 Apr 2010 | No Comment | ]
Foot Locker Inc. Presents 1st Quarter Financial Report

Financial Results
Net income for the Company’s first quarter ended May 1, 2010 was $54 million, or $0.34 per share, compared with net income of $31 million, or $0.20 per share, last year.  First quarter sales increased 5.3 percent to $1,281 million, as compared with sales of $1,216 million for the corresponding prior-year period.  First quarter comparable-store sales increased 4.8 percent.  Excluding the effect of foreign currency fluctuations, total sales for the first quarter increased 3.0 percent.
“The strategic steps that we have …