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Dick’s Sporting Goods is skyrocketing after reporting strong earnings and raising guidance

“Dick’s Sporting Goods is surging, up 21.23% early Wednesday, after reporting solid first-quarter earnings and guidance” writes Jacob Sonenshine for aol.com. Dick’s sees 2018 full-year earnings-per-share of between $2.92 and $3.12, well ahead of its previous outlook for $2.80 to $3.00.”Our strong first quarter earnings reflect improved execution against our merchandising strategy, which resulted in higher merchandise margins,” Chairman and CEO Edward W. Stack said in the earnings press release.
 
Source: aol.com



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