Dick’s Sporting Goods Shares Soar 18% On Strong Sales
(CNN) — Shares of Dick’s Sporting Goods soared 18% in early trading after the company reported strong earnings and raised its guidance for the third time this year.
The company has pulled back on gun sales recently, which generated some consumer backlash, but Dick’s seems to have put that controversy behind it. Sales at stores open at least a year were up 6% in the quarter. Its operating earnings were up 33% in the period.
Dick’s first said it would stop selling assault r
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