NEW YORK, March 28 (Reuters) - Shares of athletic footwear seller Foot Locker Inc (FL.N) could increase by a third over the next two years if the company lives up to promises made by its chief executive, according to a report in Barron's financial newspaper.

Jordan sneakers at Foot Locker - Photo: footlocker.com

Foot Locker recently said it expects to increase sales 22 percent to $6 billion over the next five years, and CEO Ken Hick told Barron's it expects to get ahead of the competition "and stay ahead."

If that happens, the report said, it is a good bet that Foot Locker shares will push above $20 over the next two years.

Foot Locker shares closed at $15.06 on Friday 26 March on the New York Stock Exchange. (Reporting by Bill Berkrot, editing by Maureen Bavdek)