Foot Locker Inc (FL)
Gross profit margin
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,322,000 | 125,000 | 2,273,000 | 2,804,000 | 625,000 |
| Revenue | US$ in thousands | 7,988,000 | 8,159,000 | 8,168,000 | 8,759,000 | 8,761,000 |
| Gross profit margin | 29.07% | 1.53% | 27.83% | 32.01% | 7.13% |
January 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,322,000K ÷ $7,988,000K
= 29.07%
The gross profit margin of Foot Locker Inc has shown some fluctuations over the analyzed period. In January 2023, the gross profit margin was 7.13%, reflecting a relatively low level of profitability. However, by January 2024, the margin had increased significantly to 27.83%, indicating an improvement in the company's ability to generate profit from its core operations.
There was a noticeable decline in the gross profit margin by February 2024, dropping to 1.53%. This substantial decrease may raise concerns about the company's cost management or pricing strategies during that period. Nevertheless, in January 2025, the gross profit margin recovered to 29.07%, showing a rebound in profitability.
Overall, while Foot Locker Inc experienced some fluctuations in its gross profit margin, the company managed to maintain a relatively healthy level of profitability, with occasional dips and recoveries throughout the analyzed period.
Peer comparison
Jan 31, 2025