Consumer
Dick’s Projects Sales Growth at Namesake Stores, Foot Locker
A Dick's Sporting Goods Inc. store in New York.
Photographer: Bing Guan/BloombergDick’s Sporting Goods Inc. forecast full-year sales growth across its namesake stores and the Foot Locker chain, a sign that the company’s efforts to turn around its new acquisition are making progress.
Comparable sales at the Dick’s Sporting Goods business are expected to be in a range of 2% to 4% in the current fiscal year, the company said in a statement on Thursday. Growth at Foot Locker is expected to be in a range of 1% to 3%.