Dick's Sporting Goods shares are trading lower after the company reported worse-than-expected Q2 results and lowered FY23 guidance.
Portfolio Pulse from Benzinga Newsdesk
Dick's Sporting Goods reported worse-than-expected Q2 results and lowered its FY23 guidance, leading to a drop in its share price.

August 22, 2023 | 11:08 am
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Dick's Sporting Goods shares are trading lower due to worse-than-expected Q2 results and lowered FY23 guidance.
Dick's Sporting Goods reported worse-than-expected Q2 results, which is a negative signal to investors. Additionally, the company lowered its FY23 guidance, indicating that it expects weaker performance in the future. These factors are likely to negatively impact the company's share price in the short term.
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