Dick's Sporting Goods Inc. (NYSE: DKS) reported higher third quarter earnings of 16 cents per share compared with 5 cents per share a year earlier that beat expectations but the company forecast fourth quarter results below estimates. Shares of the sporting goods retailer tumbled $2.17 to $22.65.
Dick's Sporting Goods' Forecast Falls Short
November 19, 2009 at 12:27 PM EST