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Dick’s Raises 2021 Outlook After Q1 Sales Shatter Expectations

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Dick’s Sporting Goods smashed sales and earnings estimates in its first quarter, with net sales reaching $2.92 billion, handily outperforming estimates of $2.18 billion from analysts polled by Refinitiv. The sales boost represented a 119 percent jump from last year’s first quarter and even a 52 percent increase from 2019, when all stores were open….

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