Dick’s Sporting Goods reports 23% drop in profits, slashes earnings guidance #shorts #DMN
· 23.08.2023 · 01:54:06 ··· ··· Wednesday ·· 3 (3)
PYTCH Media Dick’s Sporting Goods reported a 23% drop in profits and slashed its earnings guidance for the year after it saw an uptick in retail theft and implemented aggressive markdowns to clear out excess inventory in its outdoor category, the company announced Tuesday.
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