Dick’s Sporting Goods topped Street expectations in its third quarter, but forecast a big drop in profit next year based as its makes significant investments in e-commerce and other parts of its business.
Net sales increased 7.4% to approximately $1.94 billion, also better
than expected. E-commerce sales increased about 16%, accounting for
10.3% of total sales. Consolidated same-store sales decreased 0.9%.. . . more