Since acquiring Foot Locker, Dick's Sporting Goods sales have surged, but its profitability has taken a hit given the high costs of the brand's turnaround.

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Mortgage refinance demand drops 18% as rates hit highest level since August

ZivFin Analysis2026.05.27

Mortgage rates rose to the highest level in nine months, hitting refinance demand hardest. Homebuyers also pulled back but were still more active than last year.