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Foot Locker reports profit in Q2

8/20/2010

New York City Foot Locker said late Thursday that net income rose to $6 million in the second quarter, from breakeven in the same period last year.

Revenue dipped 0.3% to $1.1 billion while same-store sales rose 2.5%. Foot Locker said excluding the impact of foreign currency fluctuations, second-quarter sales gained 1.3%.

Wall Street expected $1.13 billion in revenue.

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