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4-Traders Homepage  >  Equities  >  Nyse  >  Foot Locker    FL

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Foot Locker : Kids Foot Locker Goes '1-ON-1' with Top NBA Draft Prospects

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06/22/2017 | 04:48pm CEST

NEW YORK, June 22, 2017 /PRNewswire/ -- Kids Foot Locker, part of Foot Locker, Inc. (NYSE: FL), and top NBA Draft prospects including Lonzo Ball, Jayson Tatum, Jonathan Isaac, De'Aaron Fox and Malik Monk kickoff their professional basketball journey in the hot seat by young fans.

In "1-ON-1," kids interact with the prospective Draft picks in a one-on-one setting. Throughout the interviews, kids ask the athletes hard-hitting questions and surprise them with on-the-spot scenarios to see how they react under pressure. Popular kid-rapper, Young Dylan, makes a cameo and challenges Ball to a rap battle. Other challenges included solving a Rubik's Cube, break dancing and shooting hoops.

"Kids Foot Locker is excited to give young fans this type of access to the NBA's top Draft prospects," said Stacy Cunningham, vice president of brand marketing and services at Kids Foot Locker North America. "It really gives these players, who were idolizing other NBA stars not so long ago, the opportunity to show off their humorous side and encourage kids everywhere to keep chasing their dreams."

"Music, especially rap, is a huge part of my pre-game ritual and it is a passion of mine when I'm not on the court," said Ball. "I love that Kids Foot Locker gave me the opportunity to have fun with my younger fans and work with Young Dylan in advance of the Draft."

Kids Foot Locker offers the largest selection of brand-name athletic footwear, apparel and accessories for children from top brands like Nike, Jordan, adidas, Under Armour and more.

The content was created by worldwide agency BBDO and is available on Kids Foot Locker's YouTube page.

ABOUT KIDS FOOT LOCKER:
Kids Foot Locker is a children's athletic retailer that offers an extensive selection of brand-name athletic footwear, apparel and accessories for children. Its stores feature an environment geared to appeal to both parents and children. Kids Foot Locker is part of Foot Locker, Inc. (NYSE: FL), a specialty athletic retailer that operates 3,354 stores in 23 countries in North America, Europe, Australia, and New Zealand. Through its Foot Locker, Footaction, Lady Foot Locker, Kids Foot Locker, Champs Sports, SIX:02, Runners Point, and Sidestep retail stores, as well as its direct-to-customer channels, including footlocker.com, Eastbay.com, SIX02.com, the Company is a leading provider of athletic footwear and apparel.

Additional information about Kids Foot Locker may be found at kidsfootlocker.com | Instagram: @kidsfootlocker | Twitter: @kidsfootlocker | YouTube: youtube.com/kidsfootlocker | Facebook: facebook.com/kidsfootlocker.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/kids-foot-locker-goes-1-on-1-with-top-nba-draft-prospects-300478358.html

SOURCE Foot Locker, Inc.

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Financials ($)
Sales 2018 8 115 M
EBIT 2018 1 015 M
Net income 2018 669 M
Finance 2018 961 M
Yield 2018 2,52%
P/E ratio 2018 9,35
P/E ratio 2019 8,70
EV / Sales 2018 0,66x
EV / Sales 2019 0,66x
Capitalization 6 306 M
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Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 72,1 $
Spread / Average Target 50%
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Managers
NameTitle
Richard A. Johnson Chairman, President & Chief Executive Officer
Lauren B. Peters Chief Financial Officer & Executive Vice President
Pawan Verma Chief Information Officer & Senior Vice President
Jarobin Gilbert Independent Director
Cheryl Nido Turpin Independent Director
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