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FOOT LOCKER : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K)

08/22/2014 | 07:36am US/Eastern

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

 (c) Exhibits

99.1   Press Release of Foot Locker, Inc. dated August 22, 2014 reporting
       operating results for the second quarter of 2014.

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