Foot Locker, Inc (NYSE: FL) reported first-quarter 2021 financial results before the regular market hours on Friday. The shoe store chain reported Q1 revenue of $2.15 billion, up 83% year-over-year and above the Wall Street projection. Net income of $1.96 per share was also higher than the target that analysts had anticipated.
FL shares rose 2.9% immediately following the announcement. The stock has risen 54% since the beginning of this year.
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