Lower-than-expected sales send Dick’s Sporting Goods crashing

Dick’s Sporting Goods (DKS) topped analysts’ expectations on its earnings number for the second quarter of 2018 but missed the mark on sales, sending shares crashing by nearly 12% during pre-market hours and the stock continued to trade in the negative territory after the market opened. Net sales grew 1% to $2.18 billion versus the … Continue reading Lower-than-expected sales send Dick’s Sporting Goods crashing