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