While reporting financial results for the first quarter on Wednesday, sporting goods retailer DICK'S Sporting Goods Inc. (DKS) slashed its earnings, adjusted earning and consolidated same store sales guidance for the full-year 2022. For fiscal 2022, the company now projects earnings in a range of $7.95 to $10.15 per share and adjusted earnings in a range of $9.15 to 11.70 per share, with consolidated same store sales expected to decline 8 to 2 percent.
Previously, the company expected earnings in a range of $9.96 to 11.13 per share and adjusted earnings in a range of $11.70 to 13.10 per share, with consolidated same store sales expected to be between a decline of 4 percent and flat.
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April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.