6/08/12

Foot Locker web sales step up smartly in Q1

E-commerce grew 19% as store sales increased 10%.

Mark Brohan , Research Director

Web sales are off on the right foot for Foot Locker Inc. so far this year.

For the first quarter ended April 28, Foot Locker, No. 54 in the 2012 Internet Retailer Top 500, reported:

The web accounted for about 8% of total sales compared with 7.4% in the first quarter of 2011.

“The first quarter continued our recent track record of meaningful sales and profit increases over the comparable prior-year periods,” says CEO Kevin Hicks.

Topics:

Foot Locker, Foot Locker Q1 earnings, FootLocker.com, Kevin Hicks, Q1 2012 earnings, Top 500

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