Shares tumbled after the retailer revealed footwear discounts are sapping profits. The chairman defended a $2.4 billion deal for the sneaker chain.
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Dick’s Sporting Goods Bet Big on Sneakers With Foot Locker. It Backfired.
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Shares tumbled after the retailer revealed footwear discounts are sapping profits. The chairman defended a $2.4 billion deal for the sneaker chain.
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