Foot Locker enjoys 10% jump in same-store sales

Foot Locker reported a 9.6 percent rise in same-store sales, a 3.3 percent increase in total sales, and a 29 percent jump in profits for the quarter. CEO and president Richard Johnson is excited about the continued momentum of profits as the company opened 21 new stores and remodeled or relocated 65 in Q2. The company has seen recent success as it has shifted away from technical sports products to more athleisure and lifestyle products. Story