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Janney analyst Eric Tracy believes soft foot traffic doesn't tell the whole story on Foot Locker...

Janney analyst Eric Tracy believes soft foot traffic doesn't tell the whole story on Foot Locker for the Thanksgiving weekend. He sees the company's strong product pipeline and online channels helping to support comps over the period. Meanwhile, rival Finish Line (FINL) took a broader promotional stance during the period which could dent Q4 margins.
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