You can now read 5 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

Market Movers

Retailer steps it up in quarter

Foot Locker said revenue at stores open at least one year rose 10.2 percent.

Jacquelyn Martin/Associated Press/File 2012

Foot Locker said revenue at stores open at least one year rose 10.2 percent.

Continue reading below

Foot Locker Inc. said that its third-quarter net income rose 61 percent, boosted by higher sales at its existing stores and contributions from new ones. The results beat Wall Street estimates. For the quarter ended Oct. 27, the New York-based retailer earned $106 million, or 69 cents per share, up from $66 million, or 43 cents, a year ago. Revenue rose 9.3 percent to $1.52 billion from $1.39 billion. The results also included a $9 million tax benefit. Foot Locker said revenue at stores open at least a year increased 10.2 percent and included 18.3 percent growth in direct-to-consumer sales.

Loading comments...
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com
Already a subscriber?
Your city. Your stories. Your Globe.
Yours FREE for two weeks.
Enjoy free unlimited access to Globe.com for the next two weeks.
Limited time only - No credit card required!
BostonGlobe.com complimentary digital access has been provided to you, without a subscription, for free starting today and ending in 14 days. After the free trial period, your free BostonGlobe.com digital access will stop immediately unless you sign up for BostonGlobe.com digital subscription. Current print and digital subscribers are not eligible for the free trial.
Thanks & Welcome to Globe.com
You now have unlimited access for the next two weeks.
BostonGlobe.com complimentary digital access has been provided to you, without a subscription, for free starting today and ending in 14 days. After the free trial period, your free BostonGlobe.com digital access will stop immediately unless you sign up for BostonGlobe.com digital subscription. Current print and digital subscribers are not eligible for the free trial.