Shares of Dick’s Sporting Goods jumped Wednesday after the company reported quarterly earnings that topped analysts’ estimates and raised its full-year outlook.
Sales inched up 0.6% to $1.92 billion, which was higher than the $1.9 billion analysts were calling for.
Overall, for the quarter, same-store sales were flat, compared with a drop of 2.5% a year earlier. Analysts were calling for a drop of 1.3% this quarter.. . . more