Reuters :: Small Business News

Foot Locker Q2 profit beats Street; shares jump

(Reuters) - Athletic-shoe retailer Foot Locker Inc posted a second-quarter profit, soundly beating market estimates, as fewer discounts boosted margins, sending its shares up as much as 11 percent.<div class="feedflare"> <a href="http://feeds.reuters.com/~f/reuters/smallBusinessNews?a=Pci9uK"><img src="http://feeds.reuters.com/~f/reuters/smallBusinessNews?i=Pci9uK" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/smallBusinessNews?a=jbO1Qk"><img src="http://feeds.reuters.com/~f/reuters/smallBusinessNews?i=jbO1Qk" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/smallBusinessNews?a=eQ5yvk"><img src="http://feeds.reuters.com/~f/reuters/smallBusinessNews?i=eQ5yvk" border="0"></img></a> </div><img src="http://feeds.reuters.com/~r/reuters/smallBusinessNews/~4/371312205" height="1" width="1"/>