1153 ET - Dick's Sporting Goods could report thinner margins in its second quarter report, partly due to weakness among lower income consumers, JPMorgan analysts say. The analysts lower their forecasts for margins for both Dick's and Foot Locker, as they expect softer Foot Locker same-store sales and incremental promotions. The company is operating amid weakness in the lower-income consumer, a potential lull following the World Cup and disappointing results from competitors, the analysts say.
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