Foot Locker Inc. (FL) reported first quarter net income of $0.83 per share Friday morning, up from $0.60 per share in the previous year. The consensus estimate was for EPS of $0.74.
Foot Locker gapped open sharply higher Friday, but traded in a narrow range throughout the session. Shares finished up by 2.32 at $30.33, with volume at a 9-month high. The stock jumped to a 2-week high.
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