Item 2.02. Results of Operation and Financial Condition
On August 22, 2014, Foot Locker, Inc. (the "Company") issued a press release
announcing its operating results for the second quarter of 2014. The release
includes a non-GAAP financial result of second quarter net income excluding a $2
million charge related to the impairment of the CCS trade name, resulting from
the previously announced transition of the Company's skate business from CCS to
the Company's Eastbay brand. The Company believes this non-GAAP financial result
provides useful information to investors because it allows for a more direct
comparison of the Company's performance for the second quarter 2014 to the
Company's performance in the comparable prior-year period. The non-GAAP
financial result is provided in addition to, and not as an alternative to, the
Company's reported results prepared in accordance with GAAP. A reconciliation to
GAAP is provided in the Condensed Consolidated Statements of Operations.
A copy of the press release is furnished as Exhibit 99.1, which, in its
entirety, is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
99.1 Press Release of Foot Locker, Inc. dated August 22, 2014 reporting
operating results for the second quarter of 2014.