Foot Locker Inc (FL)

Operating profit margin

Feb 3, 2024 Jan 28, 2023 Jan 29, 2022 Jan 30, 2021 Feb 1, 2020
Operating income US$ in thousands 142,000 581,000 870,000 309,000 649,000
Revenue US$ in thousands 8,159,000 8,761,000 8,946,000 7,541,000 8,002,000
Operating profit margin 1.74% 6.63% 9.73% 4.10% 8.11%

February 3, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $142,000K ÷ $8,159,000K
= 1.74%

The operating profit margin of Foot Locker Inc has experienced fluctuations over the past five years. In the most recent fiscal year ended on February 3, 2024, the operating profit margin decreased significantly to 1.74%, indicating a decline in the company's profitability compared to the previous year. This decrease is notable compared to the peak margin of 9.73% recorded on January 29, 2022. The variability in the operating profit margin suggests changes in the company's operational efficiency and cost management strategies. Further analysis is warranted to identify the factors contributing to the fluctuating margins and assess the company's overall financial performance and sustainability.


Peer comparison

Feb 3, 2024

Company name
Symbol
Operating profit margin
Foot Locker Inc
FL
1.74%
Boot Barn Holdings Inc
BOOT
11.90%
Shoe Carnival Inc
SCVL
7.95%