FOOT LOCKER, INC. (FL) [Rocket]

In millions, except per share items	Jan-28-23	Jan-29-22	Jan-30-21	Feb-01-20	Feb-02-19	Feb-03-18	Jan-28-17	Jan-30-16
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Store Sales Channel	7,219	15,987	12,995	6,720	6,714	6,673
Direct-to-Customers				1,285	1,225	1,109		944
Other	1,540							6,468
Total revenues [+]	8,759	8,968	7,554	8,005	7,939	7,782	7,766	7,412
Products				8,005	7,939	7,782	7,766
Revenue growth [+]	-2.3%	18.7%	-5.6%	0.8%	2.0%	0.2%	4.8%	3.6%
Store Sales Channel	-54.8%	23.0%	93.4%	0.1%	0.6%
Direct-to-Customers				4.9%	10.5%			9.1%
Direct to Customers Sales Channel	432.7%	-8.2%
Cost of goods sold	5,955	5,878	5,365	5,462	5,411	5,326	5,130	4,907
Gross profit	2,804	3,090	2,189	2,543	2,528	2,456	2,636	2,505
Gross margin	32.0%	34.5%	29.0%	31.8%	31.8%	31.6%	33.9%	33.8%
Selling, general and administrative	1,903	1,851	1,587	1,650	1,614	1,501	1,472	1,415
Other operating expenses							6	103
EBITDA [+]	901	1,239	602	893	914	955	1,158	987
EBITDA growth	-27.3%	105.8%	-32.6%	-2.3%	-4.3%	-17.5%	17.3%	4.3%
EBITDA margin	10.3%	13.8%	8.0%	11.2%	11.5%	12.3%	14.9%	13.3%
Depreciation	200	192	173	176	174	169	154	144
EBITA	701	1,047	429	717	740	786	1,004	843
EBITA margin	8.0%	11.7%	5.7%	9.0%	9.3%	10.1%	12.9%	11.4%
Amortization of intangibles	8	5	3	3	4	4	4	4
EBIT [+]	693	1,042	426	714	736	782	1,000	839
EBIT growth	-33.5%	144.6%	-40.3%	-3.0%	-5.9%	-21.8%	19.2%	4.0%
EBIT margin	7.9%	11.6%	5.6%	8.9%	9.3%	10.0%	12.9%	11.3%
Non-recurring items [+]	112	172	117	65	37	211		2
Asset impairment	112	172	117	65	37	211
Unusual expense								2
Interest expense, net [+]	15	14	7	-11	-9	-2	-2	-4
Interest expense	15	14	7	8	8
Interest income				11	9	2	2	4
Other income (expense), net [+]	-42	384	192	20	13	5	2	-4
Other non-operating income				12	5	5	-6	-4
Other				32	16	14	-6	-2
Pre-tax income	524	1,240	494	672	713	578	1,004	837
Income taxes	180	348	171	181	172	294	340	296
Tax rate	34.4%	28.1%	34.6%	26.9%	24.1%	50.9%	33.9%	35.4%
Minority interest	-1	-1
Earnings from continuing ops	689	893	323	491	541	284	664	541
Earnings from discontinued ops	-3
Net income	686	893	323	491	541	284	664	541
Net margin	7.8%	10.0%	4.3%	6.1%	6.8%	3.6%	8.6%	7.3%

Basic EPS [+]	$7.31	$8.71	$3.10	$4.52	$4.68	$2.23	$4.96	$3.89
Growth	-16.1%	181.3%	-31.4%	-3.5%	109.6%	-54.9%	27.4%	7.6%
Diluted EPS [+]	$7.21	$8.60	$3.07	$4.50	$4.66	$2.22	$4.91	$3.84
Growth	-16.1%	179.9%	-31.7%	-3.4%	109.9%	-54.8%	27.9%	7.9%

Dividends per share [+]	$1.59	$0.99	$0.70	$1.51	$1.37	$1.23	$1.10	$1.00
Growth	61.4%	40.8%	-53.6%	10.4%	10.7%	12.5%	9.8%	13.2%

Shares outstanding (basic) [+]	94	103	104	109	116	127	134	139
Growth	-8.0%	-1.7%	-4.0%	-6.0%	-9.1%	-5.1%	-3.7%	-3.3%
Shares outstanding (diluted) [+]	96	104	105	109	116	128	135	141
Growth	-8.0%	-1.2%	-3.7%	-6.0%	-9.2%	-5.3%	-4.0%	-3.6%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.