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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Dick's Sporting Goods Raises Outlook, But Foot Locker's Near-Zero Profits Stir Worries

Dick's Sporting Goods

Dick’s Sporting Goods Inc. (NYSE:DKS) stock rose Wednesday after delivering stronger-than-expected results in its core business and lifting full-year guidance.

The newly acquired Foot Locker unit posted a steep profit drop that underscores the heavy lifting still ahead in the turnaround.

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