Tuesday, March 8, 2016

Dick's 4Q stung by warmer-than-usual winter weather

Image result for dicks storeDick's Sporting Goods fiscal fourth-quarter performance missed Wall Street's view as warmer-than-usual winter weather crimped the sporting goods retailer's sales. It also provided guidance below analysts' estimates.

Many people are wondering how Dick's will fare now that rival Sports Authority has filed for Chapter 11 bankruptcy protection. Last week privately held Sports Authority announced its bankruptcy filing, saying that it planned to close or sell about a third of its 463 stores. . . . more

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