Foot Locker reported its first comparable sales growth in six quarters, with a 2.6% increase, surpassing analyst expectations. The company’s gross margin expanded for the first time in over two years. CEO Mary Dillon highlighted the success of the "Lace Up Plan" and ongoing efforts to refresh stores and improve customer experience. Foot Locker also announced plans to close stores in several international markets and relocate its global headquarters to Florida by 2025. Shares have risen over 5% this year.
