Foot Locker Shares Soar 20% After Unveiling "Lace Up Plan" for Digital Growth
New York, New York – Investors have shown enthusiasm towards Foot Locker (FL) after the company’s CEO, Mary Dillon, reported positive developments in their quarterly earnings. The footwear retailer’s shares surged by nearly 20% following news of their “Lace Up Plan,” which outlines initiatives to enhance digital operations, improve customer experience, bolster loyalty programs, and strengthen brand presence. Despite a 1.8% decline in same-store sales, Foot Locker managed to outperform Wall Street’s expectations of a …