Insider Ties: Why Foot Locker Is Still Killing It

Spread the love Shares of Foot Locker were higher on Friday after its third-quarter earnings beat expectations. Earnings of $1.13 a share were three cents ahead of analysts’ estimates, while revenue of $1.88 billion was in-line with forecasts. Same-store sales increased 4.7% year-over-year, but were flat when compared to the second quarter. Inventory also rose … Continue reading Insider Ties: Why Foot Locker Is Still Killing It