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Foot Locker’s Winning Strategies, Strong Demand Get Rewarded

Foot Locker Inc. surged as much as 17 percent on Wednesday after its third-quarter results impressed investors, allaying concerns over gross margin and tariffs that have weighed on retail stocks over the past month. It was the stock’s biggest gain since May. The beat-and- raise report shows that the company’s digital and in-store investments and…

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