Reported about 1 month ago
Shares of Dick’s Sporting Goods fell by up to 11% after the company raised its full-year profit forecast, which investors found disappointing compared to their expectations for a more significant increase. Despite reporting solid results and growth across various income demographics, analysts noted that the company's new guidance did not fully reflect the better-than-expected second-quarter results, hinting at a potential slowdown in the latter half of the year.
Source: YAHOO