Shares of athletic apparel and equipment stocks are trading lower after Dick's Sporting Goods lowered its guidance.
Portfolio Pulse from Benzinga Newsdesk
Athletic apparel and equipment stocks are trading lower following Dick's Sporting Goods' decision to lower its guidance. Companies potentially affected include BGFV, FL, HIBB, LULU, and NKE.
August 22, 2023 | 12:18 pm
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NEGATIVE IMPACT
Big 5 Sporting Goods Corporation (BGFV) stock may be negatively impacted by Dick's Sporting Goods' lowered guidance.
As a company in the same sector, BGFV's stock may be negatively affected by the lowered guidance of Dick's Sporting Goods due to potential sector-wide concerns.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Foot Locker, Inc. (FL) stock may be negatively impacted by Dick's Sporting Goods' lowered guidance.
As a company in the same sector, FL's stock may be negatively affected by the lowered guidance of Dick's Sporting Goods due to potential sector-wide concerns.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Hibbett Sports, Inc. (HIBB) stock may be negatively impacted by Dick's Sporting Goods' lowered guidance.
As a company in the same sector, HIBB's stock may be negatively affected by the lowered guidance of Dick's Sporting Goods due to potential sector-wide concerns.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Lululemon Athletica Inc. (LULU) stock may be negatively impacted by Dick's Sporting Goods' lowered guidance.
As a company in the same sector, LULU's stock may be negatively affected by the lowered guidance of Dick's Sporting Goods due to potential sector-wide concerns.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Nike, Inc. (NKE) stock may be negatively impacted by Dick's Sporting Goods' lowered guidance.
As a company in the same sector, NKE's stock may be negatively affected by the lowered guidance of Dick's Sporting Goods due to potential sector-wide concerns.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80