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aol.ca > articles > dicks-sporting-goods-cuts-annual-110425000.html

Dick's Sporting cuts forecasts as weak sneaker demand trips Foot Locker, shares plunge - AOL

2+ week, 5+ day ago   (535+ words) By Angela Christy M Aug 25 (Reuters) - Dick's Sporting Goods cut its full-year forecasts and signaled that bloated inventory and heavy discounting in the legacy footwear market were weighing on its recently acquired Foot Locker business. The U.S. sportswear retailer's shares plunged…...