Dick's Sporting Goods Inc. forecast a full-year profit for the current fiscal year that was less than expected, and also revealed it will debut a new retail concept in fiscal 2013 under the Field & Stream banner.
Dick's Sporting Goods said it has removed all guns from its store nearest to Newtown, Conn., and is suspending the sale of certain kinds of semi-automatic rifles from its chains nationwide.
Dick's Sporting Goods reported that net income for the quarter ended Oct. 27 surged 21% to $50.1 million, compared with $41.5 million in the same period last year.