Significant impairments and other one-time charges sent profits lower in four out of five segments, resulting in aggregate net income falling 36% to $2,678.4 million from $4,165.3 million, while sales increased 8% to $59,642.2 million from $55,182.1 million at the 47 public companies we track. Dick’s consolidation of Foot Locker this year, without a prior-period comparison, distorted the top-line comparison by about $2.2 billion. Better revenues were reported by 62% of companies, while 57% saw bottom-line improvement, but the losers lost big in the final quarter, pulling down the end result. ... Log in to view full article.