Dick's Sporting Goods Stock Plunges on Weak Outlook
Dick's Sporting Goods experienced its worst trading day ever after cutting its full-year outlook, citing weaker consumer spending and the need for deeper discounts on sneakers. The negative forecast also impacted other footwear and sportswear stocks, while Intuit shares also fell on a weak outlook.
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Read full article →Dick’s Sporting Goods’ stock is having its worst day ever, as sneakers aren’t selling without deeper discounts
Shares of the sporting-goods retailer suffering a record selloff as profit and sales missed expectations and the full-year outlook was slashed.
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Read full article →Dick's Sporting Goods' stock is having its worst day ever, as sneakers aren't selling without deeper discounts - Morningstar
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