Footlocker Inc.: Financial Research Report

The Company that I will conduct a financial research report is Footlocker Incorporated. I choose Footlocker Inc., because I am an assistant manager with the company, and have experience dealing with Footlocker’s stock, 401k retirement plan’s and choose the company to conduct financial research on because it would give me a broader insight on how the company that I am employed by conducts certain types of business structure, as well as how the company operates on a larger scale, how the company is traded and how the structure of Footlocker is organized. Since the inception of the company in technical terms Footlocker Inc., was originally established in 1879 as the Great 5 cent store in Utica, New York by Frank Woolworth. ("Funding universe-footlocker,

| | | | Operating Income or Loss | 262,000 | 80,000 | (103,000) | | | | | Income from Continuing Operations | | | Total Other Income/Expenses Net | 4,000 | 3,000 | 8,000 | | | Earnings Before Interest And Taxes | 257,000 | 73,000 | (100,000) | | | Interest Expense | - | - | 16,000 | | | Income Before Tax | 257,000 | 73,000 | (100,000) | | | Income Tax Expense | 88,000 | 26,000 | (21,000) | | | Minority Interest | - | - | - | | | | | Net Income From Continuing Ops | 169,000 | 47,000 | (79,000) | | | | | Non-recurring Events | | | Discontinued Operations | - | 1,000 | (1,000) | | | Extraordinary Items | - | - | - | | | Effect Of Accounting Changes | - | - | - | | | Other Items | - | - | - | | | | | | Net Income | 169,000 | 48,000 | (80,000) | | Preferred Stock And Other Adjustments | - | - | - | | | | Net Income Applicable To Common Shares | 169,000 | 48,000 | (80,000) | |

Balance Sheet: Period Ending | Jan 29, 2011 | Jan 30, 2010 | Jan 31, 2009 | | Assets | Current Assets | | Cash And Cash Equivalents | 696,000 | 582,000 | 385,000 | | Short Term Investments | - | 7,000 | 23,000