Dick's Sporting Goods shares soar after strong earnings report

  • 📰 ABC
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Dick's Sporting Goods stock shot up nearly 20% after the company announced earnings that beat expectations.

Dick's Sporting Goods stock shot up nearly 20% on Tuesday after the company announced earnings that beat expectations.

Shares on Wednesday were down slightly from Tuesday's high but were still trading 17% above Monday's closing price. "As we head into the holiday season, we remain very enthusiastic about our business, and we are pleased to increase our full year sales and earnings outlook for the third time this year," Stack added in a statement.

CEO Stack announced the decision in the wake of the school shooting in Parkland, Florida, that left 17 people dead. The gunman behind the shooting rampage at Marjory Stoneman Douglas High School had bought a gun at Dick's in 2017. It was not the gun nor the kind of gun used in the massacre, however.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 471. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Good we will NEVER EVER Buy anything from them....

A lot of innuendos in this thread .

I'd give this company a few more years before the pushy radical feminists start demanding that it change its name.

Not selling guns, right?

I.e. We can survive and thrive without being pimped out by gun manufacturers

Trump's great economy

Next Christmas be like. History repeats

And THAT is the power of the NRA.

If they end all gun sales, I’m gonna spend a lot more there.

Your just setting up an anti gun narrative headline tomorrow. Shame shame.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dick's Sporting Goods shares surge on earnings beat, raised outlookDick's Sporting Goods on Tuesday reported its strongest same-store sales gains since 2013, as its e-commerce sales grew 13% during the latest quarter, and it sold more apparel and footwear. What the NRA and gun owners said they would bankrupt due to not selling AR15 Good for DicksSportingGoods piersmorgan KatiePavlich even without the AR15 Without gun s republicans gonna be piss
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Dollar Tree, Dick's Sporting Goods, Chipotle and moreThese are the stocks posting the largest moves in midday trading. Go, Market, go! We'll always celebrate the positives. It's not about it is strong but the alternative substitutes are in weak crisis
Source: CNBC - 🏆 12. / 72 Read more »