Friday, March 1, 2019

Foot Locker on top of its game in Q4 as sales soar

Chain Store Age
Foot Locker Inc. reported stronger-than-expected fourth quarter earnings and sales and forecast double-digit profit growth in the coming year.

Sales rose 2.8% to $2.27 billion, ahead of analysts’ estimates of $2.18 billion. Same-store sales surged 9.7%, more than double expectations. . . . more