Earnings

Dick’s Sporting Goods (DKS) reports Q2 2020 earnings beat

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An employee of Dick’s Sporting Goods in Destiny USA mall delivers products to a shopper, as customers pick up goods from retailers offering curbside pick up as the coronavirus disease (COVID-19) restrictions ease in Syracuse, New York, U.S., May 15, 2020.

Zachary Krahmer | Reuters

Dick’s Sporting Goods reported eye-popping quarterly earnings and sales growth Wednesday, saying consumers flocked to its website for hiking gear, kayaks, weights and workout clothes to stay busy during the coronavirus crisis

Its shares jumped as much as 16% in premarket trading. 

The retailer’s digital sales surged 194%, including the orders customers made online to pick up at stores when they were shuttered….



Source cnbc.com

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