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Foot Locker posts comparable sales growth for the first time in six quarters
FLFoot Locker(FL) CNBC·2024-08-28 10:45

A Foot Locker store near the Times Square neighborhood of New York, US, on Monday, Nov. 13, 2023.Foot Locker on Wednesday said comparable sales grew for the first time in six quarters as its efforts to refresh its stores and improve the customer experience continue to bear fruit. The beleaguered sneaker company's same-store sales grew 2.6% during its fiscal second quarter, far better than the 0.7% uptick that analysts had expected, according to StreetAccount. Its gross margin also expanded for the first tim ...