Dick's Sporting Goods Lowers 2025 Profits

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

Summary

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76% Informative

Dick 's is expecting 2025 profits to be far lower than Wall Street anticipated.

The sporting goods retailer posted its best holiday quarter on record.

It's the latest retailer to forecast a rocky year ahead as consumers contend with tariffs, inflation and fears around a potential recession.

Dick 's shares fell about 5% in premarket trading.

The 2026 World Cup will be held in North America , women's sports are more popular than ever and consumers are increasingly focused on health and wellness. "We're going to have a moment here in the next three or four years , from a sports standpoint, that I think is going to put sport on steroids," said Stack. "We're going into a sports moment right now, and we are investing very heavily into that sports moment over the next several years because this is going to last through [2030] and maybe beyond." — Additional reporting by CNBC 's Courtney Reagan .

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Informative language

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semi-formal

Language

English

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not offensive

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not hateful