Dick’s Sporting Goods boosts 2022 outlook after second-quarter earnings top estimates

August 23, 2022

Dick’s Sporting Goods on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations and boosted its financial outlook for the year.

The sporting goods retailer said it now expects comparable store sales for 2022 to decline between 6% to 2%. It had previously forecast the figure to be down between 8% and 2%, after sales of sporting and outdoor equipment surged during the pandemic. CNBC