Foot Locker Jumps 20% After Beating Analysts Expectations

footlocker year end sale nike adidas

Foot Locker shares jumped 20% after the company reported better-than-expected sales and earnings. The New York-based shoe store generated an adjusted profit of $1.27 per share on sales of $2.17 billion. CEO Mary Dillon remarked, “I’m happy to report that our staff did an excellent job”.