Dick’s Sporting Goods Slides as Same-Store Sales Growth Weakens - News Summed Up

Dick’s Sporting Goods Slides as Same-Store Sales Growth Weakens


Dick’s Sporting Goods Inc. shares plunged in premarket trading Tuesday as a key sales metric in its latest quarter fell short of expectations, leading the company to lower its forecast for annual earnings. Shares in the company, which have retreated 36% over the past 12 months, fell 17% to $28.94. For its second quarter, same-store sales at Dick’s—a closely watched metric that tracks revenue of stores open at least 14...


Source: Wall Street Journal August 15, 2017 12:56 UTC



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