Dollar Tree reported disappointing second-quarter earnings and sales, citing pressure on middle- and higher-income customers. The discounter also cut its full-year guidance.
Dick’s Sporting Goods reported a strong second quarter with earnings, sales and comps that topped Wall Street estimates amid growth in transactions and average ticket.
A fast-growing U.K. outdoor clothing and equipment clothing is expanding its global footprint in the U.S. via a deal to acquire bankrupt Eastern Mountain Sports.