Foot Locker Inc (NYSE:FL)
$ 24.9 -0.13 (-0.52%) Market Cap: 2.36 Bil Enterprise Value: 5.00 Bil PE Ratio: 0 PB Ratio: 0.82 GF Score: 76/100

Foot Locker Inc at JPMorgan Retail Round-Up Transcript

Mar 30, 2023 / 03:00PM GMT
Release Date Price: $39.48 (-1.25%)
Matthew Robert Boss
JPMorgan Chase & Co, Research Division - MD and Senior Analyst

Okay. Great. So we can get started. It's Matt Boss, department stores, specialty softlines and leisure here at JPMorgan. I'm happy to have the Foot Locker management team on stage with me today. We have President and CEO, Mary Dillon; EVP and Chief Commercial Officer, Frank Bracken; and Interim CFO, Rob Higginbotham. So thanks for joining us today. I'll start off with that. Really excited to have you.

Questions & Answers

Matthew Robert Boss
JPMorgan Chase & Co, Research Division - MD and Senior Analyst

Maybe just to kick off, Mary, out of the Analyst Day, which was really exciting and the multiyear plan that you laid out, one of the key things from my side that really stuck out was the $80 billion sneaker total addressable market that you laid out. So how do we think about the annual growth of that market maybe over the next 3 to 5 years? And is the goal for Foot Locker to take market share within that addressable market or how best to think about it?

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