Foot Locker said its third-quarter net income rose 61 percent, boosted by higher sales at its existing stores and contributions from new ones. The results were better than Wall Street expected and Foot Locker shares were steady at $31.85 in trading.
November 19, 2012 at 12:00 AM
1 minute read
Foot Locker Inc. said today its third-quarter net income rose 61 percent, boosted by higher sales at its existing stores and contributions from new ones.
The results were better than Wall Street expected and Foot Locker shares were steady at $31.85 in trading 15 minutes ahead of the opening after rising as high as $34.18 earlier in premarket trading.
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