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"Going Through Some Pain": Dick's Smashed Most On Record As Foot Locker Bet Goes Limp

"Going Through Some Pain": Dick's Smashed Most On Record As Foot Locker Bet Goes Limp Dick's Sporting Goods shares crashed by the most on record Tuesday after the sporting goods retailer slashed its annual sales and adjusted operating-income forecasts, as softness at recently acquired Foot Locker deepened concerns about the $2.4 billion takeover. "We're going to go through some pain," Chairman Ed Stack told analysts on an earnings call. Dick's now expects fiscal-year net sales of $21.9 billion to $22.2 billion, below its previous forecast of $22.1 billion to $22.4 billion, as...
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Jun 8, 2026 / Tyler Durden
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Why Is The Trump DOJ Still Enforcing The Biden Pistol Brace Rule?
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