Exhibit 12 JUST FOR FEET, INC. STATEMENT RE COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (in thousands, except ratio information) Year Ended Three Months Three Months January 30, Ended Ended 1999 May 1, 1999 April 30, 1998 ----------- ------------ -------------- EARNINGS: Income from continuing operations before income taxes $ 43,329 $ 7,554 $ 9,457 Fixed charges 24,502 10,583 3,620 ----------- ------------ -------------- $ 67,831 $ 18,137 $ 13,077 =========== ============ ============== FIXED CHARGES: Interest, including amortization of debt issuance costs $ 7,916 $ 5,144 $ 602 Portion of rents representative of interest factor 16,586 5,439 3,018 ----------- ------------ -------------- $ 24,502 $ 10,583 $ 3,620 =========== ============ ============== RATIO OF EARNINGS TO FIXED CHARGES 2.8x 1.7x 3.6x =========== ============ ==============