Dick’s Sporting Goods maintained its momentum in the third quarter, reporting earnings that crushed analysts’ expectations and raising its full-year outlook for the third time this year.
Authentic Brands Group is delaying its planned initial public offering and instead selling major equity stakes in its business to two private equity firms and a group of existing stakeholders.
Foot Locker reported better-than-expected third-quarter sales and adjusted earnings and expressed confidence it was ready to meet holiday demand despite persistent supply chain issues.