Inventory Theft Takes Toll on Dick’s Sporting Goods’ Financial Performance
This issue has prompted the retailer to revise its full-year outlook. Dick’s Sporting Goods (DKS) has fallen short of sales and earnings expectations, attributing its disappointing results to the increasingly severe challenge of inventory theft The company’s stock plummeted by over 20% in response to this news, reflecting investors’ inventory theft concerns. For the second … Read more