A number of stocks jumped in the afternoon session after an unexpected decline in the Producer Price Index (PPI) fueled optimism for potential interest rate cuts.
Dick's Sporting Goods acquires Foot Locker for $2.4 billion, creating a retail powerhouse with implications for Nike. All eyes on integration and industry impact.
Sporting goods retailer Dick’s Sporting Goods (NYSE:DKS) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 5% year on year to $3.65 billion. On the other hand, the company’s full-year revenue guidance of $13.85 billion at the midpoint came in 0.6% below analysts’ estimates. Its GAAP profit of $4.71 per share was 10.1% above analysts’ consensus estimates.
Abercrombie & Fitch stock rises after a Q2 beat and higher FY25 outlook, citing H2 plans fueled by occasion-driven denim and broader Kids distribution.
Sporting goods retailer Dick’s Sporting Goods (NYSE:DKS) reported Q2 CY2025 results topping the market’s revenue expectations, with sales up 5% year on year to $3.65 billion. On the other hand, the company’s full-year revenue guidance of $13.85 billion at the midpoint came in 0.6% below analysts’ estimates. Its GAAP profit of $4.71 per share was 10.1% above analysts’ consensus estimates.
See which big-name stocks were winners and losers from a huge week of retail earnings, with tariffs, CEO changes, and guidance increases creating headlines.
Kevin O'Leary is known for investing in companies and assets like watches and wine. Here's why the "Shark Tank" host is investing in trading cards, including a record breaker.
Palo Alto Networks is bracing investors with its latest earnings, homebuilders are sweetening deals to attract strapped buyers, and footwear brands are rewriting the playbook.
