Dick's Sporting Goods issues weak profit guidance as Foot Locker merger weighs on bottom line
Dick's Sporting Goods' merger with Foot Locker led to a 60% increase in sales but a substantial decline in companywide profits.
Last updated: 2026-03-13 02:54:47 ET
Dick's Sporting Goods' merger with Foot Locker led to a 60% increase in sales but a substantial decline in companywide profits.
Unlike groceries and rent, electricity costs are closely regulated by states. That means state regulators could try to rein in utility companies’ profits to reduce customers’ bills.
The iShares Aerospace & Defense exchange-traded fund profits from the U.S and global military buildup.
Europe's largest carmaker said post-tax profits had dropped to their lowest level since 2016.
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