{
  "id": 3255484,
  "title": "Earnings live updates: Dick's Sporting Goods stock tanks after retailer slashes outlook amid 'challenging conditions'",
  "url": "https://urgent.news/2026/08/25/earnings-live-updates-dicks-sporting-goods-stock-tanks-after-retailer",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-25T11:53:14.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/live/earnings-live-updates-q2-nvidia-115314802.html"
  },
  "original_language": "en",
  "account": "Dick's Sporting Goods (DKS) stock plummeted by 14% following the retailer's release of underwhelming second quarter results and a lowered full-year outlook. The company cited stiff competition, heavy discounts from rivals, and underwhelming product launches as the key factors contributing to \"challenging conditions\" for the retail giant.\n\nIn response to the poor performance, Dick's adjusted its full-year earnings per share guidance downward, from an estimated $13.27 to $14.27 to a narrower range of $10.94 to $11.94. Additionally, the company reduced its projected 2026 net sales guidance from $22.1 billion to $22.4 billion to $21.9 billion to $22.2 billion.\n\nDespite maintaining its same-store sales guidance for its Dick's business at a 2.5% to 4.0% growth projection, Dick's Sporting Goods further lowered its expectations for Foot Locker's same-store sales growth, now projecting a decline ranging from negative 2.0% to 0.0%. In the most recent quarter, Dick's reported a 2.1% comparable sales growth, down from 2.5% in the same quarter a year ago, with the Foot Locker segment contributing to the slowdown.\n\nThe retailer's most recent quarter's adjusted earnings per share stood at $3.53 on revenue of $5.58 billion, falling short of Wall Street's expectations of $3.76 earnings on $5.64 billion in revenue, as reported by S&P Global Market Intelligence.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "CNBC",
        "title": "Dick's Sporting Goods misses revenue expectations, citing 'challenging' footwear market",
        "url": "https://urgent.news/2026/08/25/dicks-sporting-goods-misses-revenue-expectations-citing-challenging",
        "published": "2026-08-25T11:01:03.000Z"
      },
      {
        "outlet": "Quartz",
        "title": "Dick's Sporting Goods stock sinks after Foot Locker drags down earnings and outlook",
        "url": "https://urgent.news/2026/08/25/dicks-sporting-goods-stock-sinks-after-foot-locker-drags-down",
        "published": "2026-08-25T11:50:56.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Earnings call transcript: DICK’S Sporting Goods Q2 2026 results miss as shares sink",
        "url": "https://urgent.news/2026/08/25/earnings-call-transcript-dicks-sporting-goods-q2-2026-results-miss-as",
        "published": "2026-08-25T13:17:19.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}