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Foot Locker's Key Earnings Metrics Up For Q4 As Well As FY '12

Foot Locker today reported earnings for Q4 and FY '12, with quarterly sales up 14% from Q4 '11 in part due to the benefit of an extra week. Net income for the period was $104M, up from $81M in the year-ago quarter. Full-year net income was $397M, up from $278M in '11. Total sales were up 9.9% to $6.182B, and merchandise inventory as of Feb. 2 was up 9.2% to $1.167B. The company in FY '12 opened 85 new stores, relocated or remodeled 198 stores, and closed 119 locations (Foot Locker).

SBJ Morning Buzzcast: April 25, 2024

Motor City's big weekend; Kevin Warren's big bet; Bill Belichick's big makeover and the WNBA's big week continues

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

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