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.
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