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Foot Locker Tops Expectations on Sales Growth
2015-05-22 15:44:44| Apparel - Topix.net
Foot Locker Inc. posted a better-than-expected 14% increase in profit in its first quarter as the sportswear retailer continues to benefit from sales growth. Foot Locker has posted higher profits and sales recently but reported challenges in athletic apparel as competition to meet shoppers' growing desire for workout clothes and training gear heats up.
Tags: sales
growth
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expectations
Category:Consumer Goods and Services