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Dick's Sporting Goods Misses Q2 Estimates, Lowers Annual Guidance

Barrons.com +4 ·

DKS
DKS Dicks Sporting Goods Inc
$179.33 -2.13%
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  1. 1Dick's Sporting Goods (DKS) missed market expectations for Q2 results and lowered its annual outlook
  2. 2Adjusted EPS of $3.53 and revenue of $5.59 billion fell short of estimates ($3.76 and $5.65 billion); shares dropped about 15% in pre-market trading
  3. 3Foot Locker comparable sales fell 3.6%, prompting the company to cut its full-year operating income guidance to $1.45–$1.55 billion

This 3-line summary is compiled from the report below.

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