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Dick's Sporting Goods shares slump 22% as Foot Locker weakness sparks outlook cut
Dicks Sporting Goods shares plunged 22% after second-quarter earnings missed estimates and the retailer cut its full-year outlook. Weak Foot Locker sales, integration challenges and cautious consumer demand overshadowed stronger comparable sales and revenue growth at its core Dicks business.
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forbes.com
Here’s Why Dick’s Sporting Goods Shares Are Sinking
The sports retailer cut its profit outlook amid a “challenging” market.
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cnbc.com
Dick's Sporting Goods misses revenue expectations, citing 'challenging' footwear market
Dick's Sporting Goods reported second fiscal quarter revenue on Tuesday that missed Wall Street expectations amid what it called a "challenging" environment.
