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Dick's Sporting Goods Cuts Full-Year Forecast, Shares Fall
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— Aug 25, 2026
Dick's Sporting Goods cut its full-year outlook, guiding 2026 revenue of about $21.9 billion to $22.2 billion and GAAP EPS of roughly $10.94 to $11.94 as softer demand weighs on sales. The Q2 results showed adjusted EPS of $3.53 on $5.59 billion in revenue, with much of the pressure stemming from the Foot Locker integration and a promotional market environment, leaving 2026 guidance well below Wall Street expectations.
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Wall Street Edges Higher, Yields Fall
x/federal-reserve-system
— Aug 25, 2026
US equities climbed as technology and semiconductor shares led a broad rally ahead of Nvidia's earnings, with investors weighing softer yields, inflation data, and near-term policy signals from Jackson Hole. While Nvidia and peers underpinned the AI-driven rally, pockets of weakness like Dick's Sporting Goods and certain retailers tempered gains as markets monitor earnings and macro data.
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