Dick's Sporting Goods stock tanks after retailer slashes outlook

Earnings
โดย Yahoo Finance·US·Read original
Summary · why it matters

Dick's Sporting Goods stock tumbled after the retailer slashed its outlook, citing challenging conditions. The move came as the second quarter earnings season nears completion, with Nvidia's Q2 results on Wednesday serving as a keystone to a remarkably strong stretch of corporate reports. According to FactSet data, second quarter earnings for S&P 500 companies are on pace to rise 50% year over year, the highest growth rate since 2021. Artificial intelligence has been the growth engine of that broad-based earnings growth, Bank of America strategists noted. Investors also watched for updates from Dollar Tree, Dollar General, Salesforce, Intuit, Zoom, and Kohl's.

Impact on stocks 10

Consumer Discretionary▼ · 3 stocks
Artificial Intelligence▲ · 3 stocks
Consumer Staples▲ · 2 stocks
Financials▲ · 1 stocks
Cloud & Digital Infrastructure▲ · 1 stocks
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