Dick’s earnings beat ‘first steps’ to reengage investors
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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. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo […]