Foot Locker is closing stores as Dick’s struggles with turnaround: See where locations shuttered in 2026

Are Dick’s Sporting Goods investors waiting for the other shoe to drop? Shares of the Pittsburgh-based retailer plummeted more than 30% yesterday after a second-quarter earnings report that wasn’t promising. Despite seeing a 53% increase in consolidated net sales, the company reported earnings per diluted share of only $3.50, compared to last year’s $4.71. The number falls short of Wall Street’s $3.76 prediction, as cited by CNBC. Dick’s says it has initiat...