Hahahaha!
The sporting-goods chain slashed its profit targets for the year after missing Wall Street forecasts for the second quarter. …with excess inventory.”
(Paywall likely, sorree!):
Dick’s Sporting Goods … Flash Warning Signs
Updated Aug. 22, 2023 at 5:59 pm ET
“Dicks Sporting Goods shares traded sharply lower Tuesday after the retailer posted weaker quarterly earnings and provided tepid forecasts for the remainder of the year, …The sporting-goods chain slashed its profit targets for the year after missing Wall Street forecasts for the second quarter. …with excess inventory.”
(Paywall likely, sorree!):
Dick’s Sporting Goods, Macy’s Flash Warning Signs on U.S. Consumer Spending
The retailers’ shares traded sharply lower after they posted weaker quarterly earnings and gave tepid forecasts for the rest of the year.
www.wsj.com