Dick's Sporting Goods Surges on Earnings Beat, Outlook

Dick's Sporting Goods shares rise premarket after fourth-quarter results crush expectations, with adjusted earnings per share at $3.45 versus the $3.03 forecast and revenue hitting $6.23 billion against $6.08 billion anticipated. The surge stems from a 59.9% year-over-year revenue jump, fueled by the recent Foot Locker acquisition, while Dick's core business posts 3.1% comparable sales growth. Read more about this...