Advertisement
New Zealand markets closed
  • NZX 50

    12,105.29
    +94.63 (+0.79%)
     
  • NZD/USD

    0.5981
    -0.0024 (-0.41%)
     
  • NZD/EUR

    0.5529
    -0.0014 (-0.25%)
     
  • ALL ORDS

    8,153.70
    +80.10 (+0.99%)
     
  • ASX 200

    7,896.90
    +77.30 (+0.99%)
     
  • OIL

    82.29
    +0.94 (+1.16%)
     
  • GOLD

    2,229.90
    +17.20 (+0.78%)
     
  • NASDAQ

    18,284.87
    +4.03 (+0.02%)
     
  • FTSE

    7,963.57
    +31.59 (+0.40%)
     
  • Dow Jones

    39,761.34
    +1.26 (+0.00%)
     
  • DAX

    18,496.13
    +19.04 (+0.10%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • NIKKEI 225

    40,168.07
    -594.66 (-1.46%)
     
  • NZD/JPY

    90.4250
    -0.3550 (-0.39%)
     

Why Dick’s Sporting Goods’ Sales Missed Estimates

Why Dick’s Sporting Goods’ Sales Missed Estimates

Dick’s Sporting Goods’ (DKS) reported its third-quarter results for fiscal 2018 on November 28. A calendar shift and weakness in the hunt and electronics categories hurt the company’s top line. It removed the hunting category from ten of its stores and replaced the space with sports equipment like baseball products, outerwear, and licensed wear.