Dick's Sporting Goods Stock Falls 30% After Missing Earnings Expectations
Earnings·2 articles across 2 outlets
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Dick's Sporting Goods reported fiscal second-quarter earnings on Tuesday that missed Wall Street expectations amid what it called a 'challenging' environment.
The retailer plummeted 28%, its worst single-day loss ever, after the company missed sales and profit expectations and slashed its outlook.
Dick's Sporting Goods
Sources
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SourceReports the news
“Dick's Sporting Goods reported fiscal second-quarter earnings on Tuesday that missed Wall Street expectations amid what it called a "challenging" environment.”
CNBC — Dick's Sporting Goods stock falls 30% as retailer misses expectations, cites 'challenging' footwear market“Dick's Sporting Goods plummeted 28%, its worst single-day loss ever, after the company missed sales and profit expectations and slashed its outlook.”
IBD — Retailer Suffers Worst Drop Ever. What Do Its Earnings Say About Consumers?