Industry: Shoe Stores
Fortune Rank: 428
Foot Locker, Inc., together with its subsidiaries, operates as the retailer of athletic footwear and apparel. It operates through two segments, Athletic Stores and Direct-to-Customers. The Athletic Stores segment retails athletic footwear, apparel, and accessories under various brand names for running, basketball, hiking, tennis, aerobics, fitness, baseball, football, and soccer. The Direct-to-Customers segment reflects Footlocker.com, Inc., which sells footwear, apparel, equipment, and team licensed private-label merchandise to customers through catalogs and Internet Web sites. As of January 29, 2005, the company operated 3,967 primarily mall-based stores in the United States, Canada, Europe, and Asia Pacific. Foot Locker was incorporated in 1989 and is headquartered in New York City.
Foot Locker is a Fortune 500 company. In 2010 Foot Locker was ranked number 428 on the Fortune 500 list, making it the 428th largest company in the United States when judged by revenue.
Foot Locker achieved revenue of $4,854.00 million in 2010 and earned a profit of $48.00 million.
Foot Locker' rank improves
The company ranking improved in 2010, moving up the Fortune 500 list to 428th compared to 454th in 2009. This was based on its 2009 revenue of $5,237 million (a change of -1 million compared to 2010) and profits of $-80 million (a change of $128 million compared to 2009).
Another point of view
To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Foot Locker would be ranked 379th rather than 428th due to its profits of $48 in 2010.
|Foot Locker||Revenue*||Profit*||Fortune Ranking|
* US$ Million
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