DICK'S Sporting Goods reported Q2 revenue of $5.59B and adjusted EPS of $3.53, both below estimates, and cut its full-year adjusted EPS guidance to $11.00-$12.00 from a prior range, citing a more promotional athletic footwear market. The Foot Locker business posted a segment loss of $31.9M, and the company lowered its Foot Locker full-year segment profit outlook to a loss of $80M-$40M. DICK'S own comps rose 4.9% in Q2, and the company kept its DICK'S comp guidance unchanged.
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