Dick’s Sporting Goods Shares $DKS Collapse 18% on Profit Warning

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  • #11163
    TradersCom
    Keymaster

    [article]138[/article]

    #11164
    ClemSnide
    Participant

    The takeover of Sports authority appears to have been a short term boost – does this mean AMZN or Academy are picking up that expected boost or just slow sporting goods sales generally?

    #11166
    Helmholtz Watson
    Participant

    [quote=”ClemSnide” post=893]The takeover of Sports authority appears to have been a short term boost – does this mean AMZN or Academy are picking up that expected boost or just slow sporting goods sales generally?[/quote]

    What change requires is going through some complexity and some resistance, did that come about with takeovers or was that about throwing mud on the walls?

    #11186
    ClemSnide
    Participant

    [quote=”Helmholtz Watson” post=895][quote=”ClemSnide” post=893]The takeover of Sports authority appears to have been a short term boost – does this mean AMZN or Academy are picking up that expected boost or just slow sporting goods sales generally?[/quote]

    What change requires is going through some complexity and some resistance, did that come about with takeovers or was that about throwing mud on the walls?[/quote]

    Probably a bit of both and entering new geographic locations.

    #11198
    TradersCom
    Keymaster

    Dicks Sporting Goods some bounce back today

    NYSE: DKS – Aug 16, 2:30 PM EDT 27.72 +0.84 (+3.14%)

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