"A significant portion of the products that we purchase, including the portion purchased from domestic suppliers, as well as most of our private brand merchandise, is manufactured abroad," Foot Locker said in its 2018 annual report released in April.
"We may be affected by potential changes in international trade agreements or tariffs, such as new tariffs imposed on certain Chinese-made goods imported into the US," the company said, before suggesting China or other countries may then retaliate with their own measures.
Earlier this week, Foot Locker and other shoe companies like Crocs, Nike, and Adidas wrote a letter to President Donald Trump, urging him to consider the "catastrophic" impact that tariffs on Chinese goods would have on American customers.
Read more: Nike, Adidas, and more than 170 other shoe companies warned of the trade war's 'catastrophic' impact on Americans in a scathing letter to Trump