Retail Theft Crisis at Dick's Sporting Goods Puts Hurt on Company's Bottom Line
newscatcher
2023-08-22 19:37
Retail Theft Crisis at Dick's Sporting Goods Puts Hurt on Company's Bottom Line
Dick's Sporting Goods profit slipped in its second quarter and missed Wall Street's expectations as the retailer cut its full-year profit outlook, citing worries over theft at its stores. Shares declined nearly 24% in afternoon trading Tuesday. For the period ended July 29, Dick's earned $244 million, or $2.82 per share. A year earlier the […] The post Retail Theft Crisis at Dick's Sporting Goods Puts Hurt on Company's Bottom Line first appeared on GV Wire - Explore. Explain. Expose .

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