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Dick's Sporting Goods reported first-quarter earnings that beat analyst expectations, and updated it's full-year guidance.
Dick's Sporting Goods announced it is expanding its ban on gun sales, from 10 stores to more than 125.
Dick's Sporting Goods forecast weak sales for 2019, signaling continued pressure on the sports-goods retail market.
Dead Sears stores have been replaced by Planet Fitness gyms, AMC movie theaters, Dick's Sporting Goods stores, and off-price stores like Burlington Coat Factory.
"We experienced continued significant declines in Under Armour sales as a result of their decision to expand distribution," Stack said. “We are very confident our sales trajectory will improve next year as these headwinds are expected to subside."
Dick's Sporting Goods plunged as much as 14% in pre-market trading Wednesday after the company missed on sales and said it saw a big drop in Under Armour sales.
We shopped at Dick’s and Modell’s to see which was a better sporting-goods store, and there was a clear winner
Dick's Sporting Goods and Modell's are two of the biggest sporting-goods stores, and they carry everything from gym equipment to team apparel. We visited nearby locations of the two stores, and found one to be more clean and organized while offering a lot more.
Shoppers are confused about what Under Armour stands for due to its lack of focus on any particular sport, and its decision to expand into discount stores like Kohl's undermines the brand's value proposition, according to analysts.
Amazon isn’t alone in punishing shoppers for too many returns — these are all the companies that track your returns
Home Depot says it tracks returns to combat return fraud, which "is believed to be feeding the opioid epidemic."
Dick's Sporting Goods is destroying its unsold assault-style guns instead of selling them back to manufacturers.