Dick’s Slides after Warning of Promotional Backdrop; NKE and ASO Also Lower

Dick's Sporting Goods (DKS) slid in early action on Tuesday after missing estimates with its second-quarter earnings report and setting a cautious full-year outlook due to a promotional backdrop in the sporting goods sector. Comparable sales were up 4.9% during the

Dick’s Sporting Goods (DKS) slid in early action on Tuesday after missing estimates with its second-quarter earnings report and setting a cautious full-year outlook due to a promotional backdrop in the sporting goods sector.

Comparable sales were up 4.9% during the

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