: Dick’s Sporting Goods rallies in premarket after it boosts its 2023 profit outlook

Dick’s Sporting Goods Inc.’s stock DKS was up nearly 9% in premarket trading on Tuesday after the retailer beat Wall Street’s third-quarter profit estimate and raised its outlook for 2023. Dick’s Sporting Goods said its third-quarter net income fell to $201.1 million, or $2.39 a share, from $228.46 million, or $2.45 a share, in the year-ago quarter. The company’s adjusted earnings of $2.85 a share beat the FactSet consensus estimate of $2.45 a share. Third-quarter revenue rose to $3.04...