Dick’s Sporting Goods Isn’t Doing So Good

Dick’s Sporting Goods said Tuesday quarterly profits plummeted nearly 25% after the retail chain became a target of “organized retail theft.” Retailer Facing Organized Crime Challenges The sporting goods and athletic clothing seller reported second-quarter results Tuesday morning, including a 23% drop in profit, despite sales that rose 3.6%. Shares of Dick’s (DKS) plunged nearly 24% Tuesday. The dismal profit news came one day after … Continue reading Dick’s Sporting Goods Isn’t Doing So Good