Dick's Sporting Goods shares fell 17% pre-market after missing Q2 earnings and lowering full-year guidance due to competition and weak sales. Meanwhile, US futures edged higher with the Dow and S&P 500 up 0.3% and Nasdaq 100 up 0.7% following a recent tech dip. Nvidia faces seven straight down days before its highly anticipated earnings report. Bitcoin surged above $80,000 amid dollar concerns, while gold rallied. Key economic data and Fed chair Kevin Warsh's upcoming speech at Jackson Hole are in focus for investors.
Dick's Sporting Goods reported Q2 2026 adjusted earnings per share of $3.53, missing the consensus estimate of $3.76 due to underperformance in its Foot Locker acquisition and a tough athletic footwear market. Following the earnings miss, the company...
Dick's Sporting Goods reported weaker-than-expected Q2 2026 earnings, with diluted EPS falling to $3.50 from $4.71 a year earlier, and lowered its full-year sales outlook for its Foot Locker business due to tough market conditions. Following the anno...
Block & Leviton is investigating Dick's Sporting Goods for potential securities law violations related to its handling of the Foot Locker acquisition. Earlier optimistic statements about Foot Locker's turnaround and full-year outlook were contradicte...
OpenAI's new inference chip, Jalapeño, developed with Broadcom, outperformed Nvidia's Blackwell chip in multiple performance and efficiency tests, signaling strong AI hardware innovation. Meanwhile, Dick's Sporting Goods shares dropped sharply after ...
Dick's Sporting Goods reported quarterly earnings with an EPS of $3.53, below the expected $3.76, and revenue that also missed Wall Street forecasts. The shortfall is partly due to the Foot Locker acquisition, which lowered EPS and led to a reduced f...
