Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl

Dick's Sporting Goods on Tuesday said it's expecting 2025 profits to be far lower than Wall Street anticipated, making it the latest retailer to forecast a rocky year ahead as consumers contend with tariffs, inflation and fears around a potential recession. In an interview with CNBC, executive chairman Ed Stack said the company's exposure to China, Mexico and Canada for sourcing is very small, but it recognizes that falling consumer confidence could impact spending."I do think it's just a bit of an uncertai ...