SCHEDULE: Foot Locker Stake Update: Kretinsky-Linked Entities Report 4.8% Beneficial Ownership

Vesa Equity Investment and related entities, including Daniel Kretinsky, have filed an amendment to their Schedule 13G, disclosing a 4.8% beneficial ownership stake in Foot Locker, Inc.

Summary

• Vesa Equity Investment S.a r.l., EP Equity Investment S.a r.l., EP Investment S.a r.l., and Daniel Kretinsky jointly reported beneficial ownership of 4,626,413 shares of Foot Locker, Inc. common stock.
• This represents 4.8% of the common stock outstanding.
• The percentage is calculated based on 95,444,721 shares of common stock outstanding as of July 7, 2025.
• The filing is an Amendment No. 5 to their Schedule 13G.
• The securities were not acquired and are not held for the purpose of changing or influencing the control of Foot Locker, Inc.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of beneficial ownership, providing factual information without explicit positive or negative sentiment regarding the company's performance or outlook.

Positives

• The continued significant beneficial ownership by Vesa Equity Investment and related entities, including Daniel Kretinsky, indicates a sustained investment interest in Foot Locker, Inc.

Management Comments

• To the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11.

Stakeholder Impact

• Shareholders: Provides updated information on a significant passive ownership stake by a notable investor group.

Key Dates

Keywords

Foot Locker, Vesa Equity Investment, EP Equity Investment, EP Investment, Daniel Kretinsky, Schedule 13G, beneficial ownership, common stock, retail, footwear, apparel