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Foot Locker profits up in Q4
NEW YORK — Foot Locker's fourth quarter profit rose to $104 million from $81 million a year earlier.
Sales jumped 14% to $1.71 billion, including the benefit of an extra week. Same-store sales rose 7.9%.
For fiscal year 2012, which included 53 weeks, the company reported net income of $397 million, compared to $278 million a year earlier.
Total sales increased 9.9% in 2012 to $6.182 million, compared with sales of $5.623 million last year. Same-store sales were up 9.4% in 2012.
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Ann Inc. Q4 profit tops Street; launching international shipping
New York -- Ann Inc., parent of Ann Taylor and Loft, said Friday that its fourth-quarter profit rose to a better-than-expected $2.37 million from $2.18 million a year earlier.
Sales rose 7.2% to $607.7 million. Total company store- sales for the quarter decreased 0.7%. By brand, same-store sales increased 1.4% across the Ann Taylor brand and fell 2.1% across the Loft brand.