DICK'S Stock Sheds 3.7% After Soft Q3 Earnings: Buy the Dip or Wait?

DICK’S Sporting Goods Inc. (DKS) has seen its shares slide 3.7% in the past week, pushing it behind its industry peers and the broader S&P 500 index. The downside came after the company’s soft earnings performance for third-quarter fiscal 2024, released on Nov. 26. Although DKS reported top-line growth, earnings per share (EPS) declined year over year.In third-quarter fiscal 2024, DICK'S reported a 0.5% year-over-year increase in sales, while EPS declined 4%. The modest sales rise was affected by a calendar ...