The American sporting goods retailer has reported its third quarter financial results. Net income for the period ending on October 30 2010 was $52 million (€38.1 million), against a net loss of $6 million (€4.4 million) in the same prior-year period. For the first nine months of the year, the Company reported a net income of $112 million (€82.2 million). This compares with net income of $25 million (€18.3 million) in last year’s period.

Footlocker's domestic stores have an average of 2,400 sq.ft.

Sales increased 5.4% to $1,280 million (€880,9 million) and comparable-store sales increased 8.1% in the third quarter: encouraging results that seem to be going in the direction of the financial objectives announced in March by Footlocker’s president Ken C. Hicks.

Footlocker closed 61 stores and opened 35 new ones during the first nine months of this year. On October 30 2010, the company reported to be operating 3,474 stores in 21 countries in North America, Europe and Australia and 24 franchised stores in the Middle East and South Korea.