12/07/12

Foot Locker locks up an 18% increase in Q3 web sales

Total sales increased by 9% in the quarter.

Bill Briggs , Senior Editor

The 2012 fiscal year has been good to Foot Locker Inc. so far, particularly e-commerce, which had strong sales growth for the third quarter and first nine months.

For the third quarter ended Oct. 27, Foot Locker, No. 54 in the 2012 Internet Retailer Top 500, reported:

Online sales represented 9.8% of total sales, compared with 9.1% in Q3 2011.

Foot Locker attributed e-commerce sales growth to the continued strong results of its main web sites and Eastbay.com, which sells outdoor apparel, shoes and equipment, all of which benefited from improved and new product offerings. “We continue to invest in our web sites, by providing entertaining, engaging content, as well as developing and optimizing the sites for smartphone and tablet use,” Foot Locker says.

For the first nine months:

Online sales represented 9.1% of total sales, compared with 8.4% in the same period of 2011.

The company’s web sites include FootLocker.com, LadyFootLocker.com, KidsFootLocker.com, FootAction.com, ChampsSports.com and CCS.com. CCS.com carries skate and snowboard apparel and gear.

Topics:

CCS.com, ChampsSports.com, Eastbay, Foot Locker, Foot Locker earnings, FootAction.com, KidsFootLocker.com, LadyFootLocker.com, Q3 2013 earnings, Top 500

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