• Foot Locker shares rally after retailer forecasts surprise profit

    Foot Locker shares rally after retailer forecasts surprise profit

    Foot Locker expects to turn a second-quarter profit thanks in part to aid sent to Americans to help during the pandemic. The announcement caught Wall Street, which had expected big losses from the retailer, by surprise Monday. Shares jumped 6 percent. Foot Locker, based in New York, reports earnings next week. The company said the …