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