Kids’ return to team sports make Dick’s an earnings winner
May 26, 2021
Dick’s Sporting Goods posted a 52 percent first-quarter sales gain compared to the same period in 2019 as the return of kids to team sports boosted the chain’s results. Earning per share of $3.79 blew past Wall Street’s expectations of $1.12 in the quarter.
Recent News
Grocery Prices Have Finally Fallen for the First Time in a Year
Some grocery staples are seeing a decline in price.
Under Armour Layoffs Set Company up for Major Restructuring, Says CEO
Amid a decline in revenue, the brand is restructuring.
Almost 900,000 Yogi Tea Bags Recalled Over Pesticides
East West Tea Company, LLC has initiated a recall affecting almost 900,000 Yogi tea bags in 54,846 boxes sold nationwide.
McDonald’s Introduces Limited-Time $5 Value Meal & New McFlurry
McDonald’s will launch a $5 value meal in the U.S. starting June 25, available for roughly a month.