Major Sporting Goods Company Hurt by Ending Gun Sales

Posted: November 29, 2018 at 6:15 am
Last updated: January 11, 2020 2:21 pm

Dick's Sporting Goods Inc. (NYSE: DKS) posted poor earnings for the most recent quarter. Among the reasons, according to management, was its decision to stop gun sales. Dick's made the ...
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6 Most Important Things in Business Today

Posted: November 29, 2018 at 4:55 am
Last updated: January 11, 2020 2:22 pm

Boring Company, owned by Elon Musk, will not complete one of its transportation tunnels. According to MarketWatch: Elon Musk's Boring Co. has dropped plans for a test tunnel on the ...
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Why Dick’s Earnings Beat Isn’t Holding Up

Posted: August 29, 2018 at 8:40 am
Last updated: January 11, 2020 6:39 pm

Dick’s Sporting Goods Inc. (NYSE: DKS) released its fiscal second-quarter financial results before the markets opened on Wednesday. The company said that it had $1.20 in earnings per share (EPS) ...
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Best Buy, Dollar General, Salesforce and More Earnings Coming This Week

Posted: August 26, 2018 at 10:15 am
Last updated: January 11, 2020 6:49 pm

The second-quarter earnings reporting season is nearly over, but there are still plenty of companies yet to report. We already have seen strong earnings from many companies pushing the S&P ...
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Retailers That Are Scoring Big for Investors

Posted: August 18, 2018 at 9:10 am
Last updated: January 11, 2020 7:10 pm

With earnings across the country rising and the economy appearing to be in much better shape than in the past five years, consumer spending could be poised to jump. Retail ...
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Did Firearms Sales Hurt Dick’s Sporting Goods Earnings? Evidently Not

Posted: May 30, 2018 at 9:10 am
Last updated: January 11, 2020 11:01 pm

Dick's Sporting Goods Inc. (NYSE: DKS) reported first-quarter 2018 results before markets opened Wednesday. The sporting goods retailer posted diluted earnings per share (EPS) of $0.59 on revenues of $1.91 ...
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How Gun Sales Benefited One Retailer and Why It Won’t Last

Posted: May 25, 2018 at 9:00 am
Last updated: January 11, 2020 11:09 pm

Sportsman's Warehouse Holdings Inc. (NASDAQ: SPWH) reported first-quarter 2018 results before markets opened Thursday. The sporting goods retailer posted a 14.8% year-over-year rise in revenues to $180.1 million and a ...
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BlackRock to Exclude Gun Purveyors From Funds

Posted: April 6, 2018 at 9:55 am
Last updated: January 12, 2020 1:42 am

In early March, asset management firm BlackRock Inc. (NYSE: BLK) began asking gunmakers and distributors how they were going to respond to the killing of 17 students and faculty at ...
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Dick’s Sporting Goods Looks Beyond Soft Q4

Posted: March 13, 2018 at 8:35 am
Last updated: January 12, 2020 2:29 am

Dick's Sporting Goods Inc. (NYSE: DKS) reported fourth-quarter and full fiscal year 2017 results before markets opened Tuesday. The sporting goods retailer reported quarterly adjusted diluted earnings per share (EPS) ...
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Broadcom, Dollar General and More Earnings Coming This Week

Posted: March 11, 2018 at 10:25 am
Last updated: January 12, 2020 2:33 am

The U.S. broad markets made a solid step forward this past week, despite facing some volatility. If we continue to see solid fundamentals from company earnings, markets should continue to ...
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Dick’s Down as Sports Retail Disappoints

Posted: March 2, 2018 at 1:50 pm
Last updated: January 12, 2020 2:48 am

Dick’s Sporting Goods Inc. (NYSE: DKS) has been upfront in the news this week, after the company very publicly announced that it will halt sales of all assault-style and semi-automatic ...
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Does Dick’s Make Any Money Selling Assault Rifles?

Posted: February 28, 2018 at 11:00 am
Last updated: January 12, 2020 2:56 am

Dick's Sporting Goods Inc. (NYSE: DKS) made a big deal over its plan to stop selling assault rifles. While the decision was well received in many quarters, it is unlikely ...
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Dick’s Sporting Goods to Halt Sales of All Assault-Style Rifles

Posted: February 28, 2018 at 9:45 am
Last updated: January 12, 2020 2:57 am

Edward Stack, CEO of Dick's Sporting Goods Inc. (NYSE: DKS), told CNBC this morning that the stores will immediately stop selling all assault-style and semi-automatic rifles in its stores. The ...
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Top Analyst Upgrades and Downgrades: Amgen, Boeing, Chevron, Exxon, Foot Locker, Lowe’s, Nokia, PayPal, Sprint, Wells Fargo and More

Posted: February 5, 2018 at 9:15 am
Last updated: January 12, 2020 3:44 am

Investors have been reminded that the stock market can sell off after a near 666-point drop in the Dow on Friday, and the gap down was less than 1% after ...
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Top Analyst Upgrades and Downgrades: Amgen, Caterpillar, Dollar General, Duke Energy, GE, Honeywell, 3M, Netflix, Sprint and More

Posted: January 23, 2018 at 9:10 am
Last updated: January 12, 2020 4:13 am

Stocks were mixed on Tuesday morning as the earnings reports start to flow and as government offices begin to reopen after a one-day closure. The bull market is now almost ...
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