Dick's Sporting Goods cuts outlook after Foot Locker loss
Dick’s Sporting Goods cuts its full-year adjusted earnings guidance to $11 to $12 per share from $13.50 to $14.50 after reporting a $31.9 million second-quarter segment loss at Foot Locker.
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Dick's Sales Boost Nike
Dick's Sporting Goods' quarterly results indicate a positive sign for Nike. This may alleviate some concerns about Nike's performance.