Despite reporting a decline in total sales for the fourth quarter, Foot Locker experienced an increase in its stock price. Which of the following best explains this market reaction?

Group of answer choices

Consumer spending remained consistently strong throughout the quarter, with no indication of volatility or decline.

Company leadership alleviated investor concerns by emphasizing improvements in comparable$-$store sales and gross margin expansion.

The retailer surpassed analyst expectations with record$-$setting total sales during the fourth quarter.

Foot Locker disclosed the acquisition of a major competitor, signaling future growth opportunities.