After a week in which the planned acquisition of Foot Locker received overwhelming approval from shareholders and passed the Hart-Scott-Rodino review, Dick’s still found time to report a solid second quarter and raise its full-year top- and bottom-line guidance. Net income in the period increased 5% to $381,402,000 from $362,230,000 on a similar improvement in revenues to $3,646,616,000 up from $3,473,635,000, which included a +5.0% comp and gains in both average ticket (+4.1%) and transactions (+0.9%). The growth represents a 9.5% 2-year comp stack.
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