Sporting GoodsRon Jumper

Ryan Aughenbaugh

2008 2007

$ Millions $ Millions

Net sales 5,237 5,437

Gross margin 1,460 27.9% 1,420 26.1%

Net Income (after tax) 302 5.8% 336 6.2%

GMROI 1.30 130% 1.54

Inventory turnover 3.37 3.72

Asset turnover 1.82 1.46

Return on assets 10.5% 13.5%

Return on net worth 15.7% 19.4%

Foot Locker, Inc.

2008 2007

$ 000s $ 000s

Net sales 2,552,721 2,349,599

Gross margin 1,012,507 39.7% 1,378,386 41.3%

Net Income (after tax) 76,404 3.6% 87,879 4.2%

GMROI 1.96 196% 1.60 160%

Inventory turnover 2.98 2.27

Asset turnover 1.07 1.06

Return on assets 3.9% 4.5%

Return on net worth 10.1% 12.0%

Cabela’s Incorporated

Foot Locker, Inc.2008 2007

Number of stores 3,641 3,785

Sales per store 1.2 1.3

Square feet of retail area 6,397,400 7,337,000

Sales per square foot $504.03 $511.09

Gross margin per sq foot $335.29 $342.29

Inventory per square foot $42.22 $45.41

Number of associates 39,758 40,245

Sales per associate 132,000 135,000

Cabela’s Incorporated2008 2007

Number of stores 28 26

Sales per store 91,169 90,360

Square feet of retail area 4,254,000 4,045,000

Sales per square foot $600.08 $580.87

Gross margin per sq foot $238.01 $240.10

Inventory per square foot $121.69 $150.35

Number of associates 14,700 15,000

Sales per associate 173,654 156,640

Foot Locker Markets Examined

Geography Foot Locker

Households Total

Households: 35 to 54; $75k

or more

Ath. Shoe Stores

Ath. Store Sales

Sales Per Store

Shoe Stores

Shoe Store Sales

Sales Per Store

New York, NY 63 3,485,449 456,049 228 307,356 1,348 1,070 1,133,036 1,058

Los Angeles, CA 20 3,136,279 439,725 70 103,453 1,477 321 294,700 918

Chicago, IL 31 2,972,373 534,746 83 115,145 1,387 299 297,539 995

Philadelphia. PA 18 1,915,187 316,304 64 80,295 1,254 204 175,757 861

Washington, D.C. 7 1,849,708 427,015 25 32,196 1,287 65D 0

Detroit, MI 5 1,696,335 290,069 13 15,566 1,197 44 33,757 767

Atlanta, GA 8 1,505,564 279,017 20 36,927 1,846 105 125,583 1,196

Houston, TX 15 1,463,983 239,539 55 81,665 1,484 119 123,566 1,038

Boston, MA 4 1,323,735 260,422 12 18,635 1,552 83 D 0

Dallas, TX 12 1,283,156 220,915 23 36,666 1,594 119 123,566 1,038

Cabela’s Markets Examined Current stores

Households: Householder 35 to 54 years; $75,000+/store

Households: Total

Clothing storesClothing stores

salesSales per store

Phoenix—Mesa, AZ MSA 1 161,974 1,194,461 918 1,328,108 1,447

St. Louis, MO--IL MSA 1 142,147 1,013,341 753 938,226 1,246

Dallas, TX PMSA; 2 110,458 1,283,156 1,683 2,465,000 1,465

Kansas City, MO—KS MSA 1 102,500 694,971 505 705,753 1,398

Salt Lake City—Ogden, UT MSA 1 65,770 432,113 351 470,016 1,339

New Orleans, LA MSA 1 54,078 505,778 229 257,666 1,125

Boise City, ID MSA 1 19,696 158,642 116 137,455 1,185

Reno, NV MSA 1 18,466 132,192 87 123,044 1,414

Sioux Falls, SD MSA 1 3,922 66,836 67 D -

Foot Locker Markets Examined, cnt.Existing Locations Households Age Income Children Education LifeStyle

1: New York A 1 mi. 99,946 25-34 $100+ None College Grad Urban High Soc.Lat: 40.750900 3 mi. 625,963Long: 73.974974 5 mi. 1,184,796 35-442: New York B 1 mi. 95,126 25-34 $50-75 None College Grad Urban High Soc.Lat: 40.757693 3 mi. 625,846 $75-100Long: 73.985496 5 mi. 1,105,595 35-44 $100+3: Atlanta A 1 mi. 10,455 25-34 Under $10 None College Grad CosmopolitanLat: 33.754438 3 mi. 79,144 35-44 $100+ 6-17 Some College Struggling UrbanLong: 84.391702 5 mi. 151,313 45-54 Striving Urb.

Melt4: Atlanta B 1 mi. 2,703 35-44 $30-39 None Some College Striving Sub. MixLat: 33.686591 3 mi. 27,079 45-54 $20-29 6-17 High School Grad

Long: 84.495675 5 mi. 67,244 55-64 $10-19 College Grad5: Chicago A 1 mi. 19,035 25-34 $100+ None College Grad Struggling UrbanLat: 41.865087 3 mi. 157,434 35-44 Under $10 6-17 Some College Striving MeltingLong: 87.666447 5 mi. 381,932 High School Urban High Soc.6: Chicago B 1 mi. 16,218 35-44 Under $10 None College Grad Struggling UrbanLat: 41.838996 3 mi. 115,294 25-34 $10-19 6-17 Some CollegeLong: 87.646299 5 mi. 323,202 45-54 $50-75 High School Grad

7: Los Angeles A 1 mi. 18,931 35-44 Under $10 None Grade School Struggling UrbanLat: 34.044973 3 mi. 166,119 25-34 $10-19 6-17 Some High SchoolLong: 118.254220 5 mi. 402,797 45-54 <6&6-17 High School Grad

8: Los Angeles B 1 mi. 31,226 35-44 $100+ None College Grad Cosmopolitan Mix

Lat: 34.083543 3 mi. 173,563 25-34 $50-75 6-17 Some College Striving MeltingLong: 118.355836 5 mi. 409,786 45-54Minimums 1 mi. 2,703 Under $10 None Grade School Struggling Urban

3 mi. 27,0795 mi. 67,244

*Distance to next closest location in chain.

Geography Cabela’sHouseholds:

Householder 35 to 54 years; $75,000+

Households: Total

Boise City, ID MSA 1 19,696 158,642

Reno, NV MSA 1 18,466 132,192

Sioux Falls, SD MSA 1 7,844 66,836

Sioux City, IA—NE MSA 1 4,230 46,339

Pocatello, ID MSA 1 2,687 27,214

Cabela’s Smallest MSAs