NEW YORK — Despite experiencing some challenges, particularly in the U.S., Foot Locker reported a comparable-store sales of 1.8% for the second quarter ended Aug. 3.
Total second quarter sales were $1.5 billion, up 6.4% from $1.4 billion for the corresponding prior-year period. Total second quarter sales results include one month of Runners Point Group's operations — the company recently completed acquisition of German athletic store chain Runners Point Group for $94 million. Foot Locker's net income increased 12%, partly due to that acquisition.
For the period ended Aug. 3, the company earned $66 million, compared to $59 million a year ago.
“Sales in the second quarter were more challenging than we planned for, especially in the United States. Despite this headwind, we produced second quarter ongoing profit and sales results that were our best ever as Foot Locker, Inc., demonstrating that the execution o