Dick's Stock Sinks as Guidance Disappoints
DKSDick's Sporting Goods(DKS) Investopedia·2024-09-04 23:17

Key TakeawaysDick's Sporting Goods raised its full-year profit guidance but not enough to match analysts' consensus estimates.Second-quarter sales and profit topped analysts' expectations.Dick's shares sank 7% Wednesday morning but still are up nearly 50% this year. Dick's Sporting Goods (DKS) raised its 2024 profit guidance Wednesday along with second-quarter results that beat expectations on the top and bottom lines. The retailer increased its full-year earnings per share (EPS) outlook to between $13.55 a ...