| Business Summary | | Venator
Group,
Inc.
is
a
global
retailer
operating
a
total
of
3,752
primarily
mall-based
stores
in
North
America,
Europe
and
Australia.
In
2000,
the
Company
discontinued
its
Northern
Group
segment,
and
the
Company
operates
one
business
segment,
the
Global
Athletic
Group.
The
Global
Athletic
Group
operates
retail
stores
in
North
America,
Europe
and
Australia
under
the
Foot
Locker
format,
in
the
United
States
under
the
Lady
Foot
Locker
and
Kids
Foot
Locker
formats
and
in
North
America
under
the
Champs
Sports
format.
In
addition
to
retail
stores,
the
Global
Athletic
Group
includes
the
Company's
Footlocker.com,
Inc.
subsidiary,
which
sells,
through
its
affiliates,
to
customers
via
catalogs
and
Internet
Websites. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Venator
Group,
Inc.
is
a
global
retailer
operating
3,752
primarily
mall-based
stores
in
North
America,
Europe
and
Australia
selling
primarily
athletic
footwear
and
apparel.
For
the
13
weeks
ended
5/5/01,
sales
rose
3%
to
$1.07
billion.
Net
income
from
continuing
operations
before
accounting
change
rose
39%
to
$32
million.
Revenues
reflect
improved
sales
performance
of
ongoing
formats.
Earnings
also
reflect
cost-cutting
initiatives
and
restructurings. Recent Earnings Announcement For
the
13
weeks
ended
08/04/2001,
revenues
were
1,048;
after
tax
earnings
were
4. (Preliminary; reported in millions of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| J. Carter Bacot, 68 Chairman | -- | Matthew Serra, 56 Pres,
CEO, Director | $3.0M | Bruce Hartman, 47 CFO,
Sr. VP | 1.0M | Gary Bahler, 49 Sr.
VP, Sec. and Gen. Counsel | -- | Dennis Lee, 51 Sr.
VP of HR and Logistics | 915K | Dollar amounts are as of 29-Jan-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|