Read more at:
https://www.mediapost.com/publications/article/352163/dicks-bouncing-back-from-covid-crash.html
in Sports
Dick’s Bouncing Back From COVID Crash

While its
losses for the quarter are higher than predicted, Dick’s Sporting Goods is showing plenty of resilience. Driven by America’s intense desire to stay fit while staying at home, the
Pittsburgh-based retailer says it’s well positioned to gain on health and wellness trends. And while Dick’s posted a 30% drop in comparable-store sales, observers are encouraged
that four weeks into the second quarter -- a period when an average of 44% of its store fleet was still closed -- it notched a decline of just 4% in sales, compared to 2019. Still, the first
quarter was bleak. Total sales sank 31%, to $1. 33 billion.