Foot Locker To Rebound Under Dick's? This Analyst Says It Could

1. Foot Locker's sales fell 4.6% year-over-year to $1.79 billion. 2. Dick's Sporting Goods plans to acquire Foot Locker, seen positively by analysts. 3. Foot Locker's North American performance suffered due to reduced traffic. 4. Analyst expects operational improvements under Dick's ownership will bolster margins. 5. Foot Locker's earnings forecast remains unchanged, with an EPS range of $1.35-$1.65.