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EXEC: Foot Locker s Accelerated Diversification Push Showing Early Progress

Foot Locker, Inc. reported a better-than-expected second quarter as steps to diversify its merchandise and vendor mix are off to a strong start. While overall comps were down 1.9 percent in the period due to tough year-ago comparisons, comps of non-Nike products increased in the high teens, led by Adidas, Puma, New Balance, Crocs, and Converse.

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