Earnings Results: Dick’s Sporting Goods’ stock rallies in premarket after it boosts its 2023 profit outlook

Dick’s Sporting Goods Inc.’s stock was up nearly 9% in premarket trading on Tuesday after the retailer beat Wall Street’s third-quarter profit estimate and raised its outlook for 2023.

The company said it had a “very strong” back-to-school season and that it’s excited about holiday shopping.

Dick’s DKS also said it also gained market share,…

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