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Stock Market & Financial Investment News

News Breaks
May 20, 2014
09:16 EDTDKSDick's Sporting downgraded to Neutral from Buy at SunTrust
News For DKS From The Last 14 Days
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July 8, 2014
17:09 EDTDKSDick's Sporting checks show 'aggressive' markdowns, says BMO Capital
BMO Capital said its store visits and online research indicate "aggressive clearance markdowns" in Q2 beyond golf, guns and ammunition at Dick's Sporting stores. BMO sees potential risk to its Q2 gross margin estimate and company guidance of a 60 basis point decline. The firm adds that its Q3 gross margin forecast could be at risk as management continues to align inventory ahead of the holidays. BMO has a Market Perform rating on Dick's with a $46 price target.

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