Dick’s Sporting Goods (DKS) shares are putting in the green Tuesday morning after reporting a third-quarter earnings beat. The sports retailer raised its full-year outlook after putting up with retail theft concerns and profit pull-backs in 2023.
Wells Fargo Equity Research Analyst Will Gaertner calls this earnings report very important for the brand, pointing to its private label brands as a big margin driver for retail customers.
“Look, they clearly have momentum going into the holiday,” Gaertner tells Yahoo Finance.
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