Earnings

Foot Locker leaves our penalty box as CEO Mary Dillon’s revamp plan turns corner

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Shoppers leave the American multinational sportswear and footwear retailer, Foot Locker store in Spain. 
Xavi Lopez | Lightrocket | Getty Images

Foot Locker surged Thursday after its quarterly earnings report showed signs that CEO Mary Dillon’s turnaround plan is starting to pay off. The sneaker retailer isn’t out of the woods just yet, but we’re removing the stock from our penalty box and upgrading its rating.

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