Dick's Sporting Goods blows past earnings estimates but issues cautious guidance ahead of 2024 election

Dick's Sporting Goods on Wednesday blew past Wall Street's earnings estimates in its fiscal second quarter and while the retailer did raise its full-year guidance as a result, the new outlook fell flat up against expectations. The sporting goods store comes behind a string of other retailers that issued muted or cautious guidance for the back half of the fiscal year as companies prepare for the presidential election in November and what some fear could lead to a slowdown in consumer spending. Here's how Dic ...