US EditionWhat's Going On With Dick's Sporting Goods Today? - Dick's Sporting Goods (NYSE:DKS)
Dick's Sporting Goods reported 36.3% revenue growth but faced margin decline and $500–$750 million restructuring costs after completing Foot Locker acquisition.
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What's Going On With Dick's Sporting Goods Today? - Dick's Sporting Goods (NYSE:DKS)
Dick’s Sporting Goods Inc (NYSE:DKS) shares fell in early trading as investors digested a sharp profit shortfall in the third quarter alongside strong revenue growth. A softer operating margin, higher debt load and integration costs from the Foot Locker deal offset optimism around raised full-year guidance. The company reported third-quarter adjusted earnings per share of $2.07, missing the analyst consensus estimate of $2.71. Also Read: What’s …
What Dick's Sporting Goods' earnings report tells us about Nike's turnaround
Every weekday, the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Tuesday's key moments. 1. Stocks were mixed on Tuesday, with the S & P 500 and Dow Jones Industrial Average up and the Nasdaq Composite down slightly, with Big Tech names…
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