UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_____________________
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 23, 2007
Foot Locker, Inc.
(Exact Name of Registrant as Specified in its Charter)
| New York | 1-10299 | 13-3513936 |
| (State or other Jurisdiction | (Commission File Number) | (I.R.S. Employer |
| of Incorporation) | Identification No.) | |
| 112 West 34th Street, New York, New York | 10120 | |
| (Address of Principal Executive Offices) | (Zip Code) | |
Registrant’s telephone number, including area code: 212-720-3700
Former Name/Address
(Former name or former address, if changed from last report)
_____________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| [ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
| [ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
| [ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| [ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 2.02. Results of Operation and Financial Condition
On the Form 8-K filed by Foot Locker, Inc. (the “Company”) on May 24, 2007, there was a minor footing error in the total liabilities and shareholders’ equity as of May 5, 2007 contained in the Condensed Consolidated Balance Sheets (Unaudited) attached to the Company’s first quarter 2007 earnings release. A corrected copy of the balance sheet is attached hereto as Exhibit 99.1, which, in its entirety, is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
(c) Exhibits
99.1 Condensed Consolidated Balance Sheets (Unaudited) of Foot Locker, Inc.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| FOOT LOCKER, INC. | ||
| (Registrant) | ||
| Date: May 24, 2007 | By: Robert W. McHugh | |
| Senior Vice President and Chief Financial | ||
| Officer | ||
EXHIBIT 99.1
FOOT LOCKER, INC.
Condensed Consolidated Balance Sheets
(unaudited)
(In millions)
|
May 5,
|
April 29, |
||||
|
2007
|
2006 |
||||
| Assets | |||||
| CURRENT ASSETS | |||||
| Cash, cash equivalents and short-term investments | $
|
418
|
$ |
370
|
|
| Merchandise inventories |
1,490
|
1,403
|
|||
| Other current assets |
265
|
172
|
|||
|
2,173
|
1,945
|
||||
| Property and equipment, net |
659
|
674
|
|||
| Deferred tax assets |
118
|
159
|
|||
| Other assets |
455
|
472
|
|||
| $ |
3,405
|
$ |
3,250
|
||
| Liabilities and Shareholders’ Equity | |||||
| CURRENT LIABILITIES | |||||
| Accounts payable | $ |
403
|
$ |
380
|
|
| Accrued and other liabilities |
252
|
226
|
|||
|
655
|
606
|
||||
| Long-term debt and obligations under capital leases |
221
|
272
|
|||
| Other liabilities |
234
|
301
|
|||
| SHAREHOLDERS’ EQUITY |
2,295
|
2,071
|
|||
| $ |
3,405
|
$ |
3,250
|
||