Reporting on the seventh consecutive quarter of strong growth in sales and profits, Foot Locker said its net income jumped by 26.9 percent to $66 million in the third quarter ended Oct. 29 on a sales increase of 8.9 percent to $1.39 billion, beating the estimates of financial analysts. Sales rose by 7.3 percent in constant currencies and by 7.4 percent on a comparable store basis. Inventories were flat compared with a year ago. The company opened 52 stores and closed 76 during the period, taking the total number of doors worldwide to 3,402, plus 32 franchises.
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