Dick's feels better about its 2022 outlook

Dick’s Sporting Goods reported revenues of $3.11 billion during the last quarter, above the $3.07 billion expected by analysts. The company now expects earnings per share to come in between $10 and $12. That's up from its previous guidance of $9.15 to $11.70. The chain said its inventory position is in good shape, meaning that it will not have to engage in added markdowns to move merchandise.