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Cars are seen parked in front of a Dick’s Sporting Goods store at Monroe Marketplace in Pennsylvania.
Paul Weaver | SOPA Images | LightRocket | Getty Images
Dick’s Sporting Goods on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations and boosted its financial outlook for the year.
The sporting goods retailer said it now expects comparable store sales for 2022 to decline between 6% to 2%. It had previously forecast the figure to be down between 8% and 2%, after sales of sporting and outdoor equipment surged during the pandemic.
Its shares were up more than 1% in morning trading.
For the full year, Dick’s now expects adjusted earnings per share to be between $10…
Source cnbc.com
