Heard on the Dick's Sporting Goods (DKS) earnings call: 1) For Q1, comparable-store sales...


Heard on the Dick's Sporting Goods (DKS) earnings call: 1) For Q1, comparable-store sales forecast to slip -2% to -1% . Higher merchandise margin seen offsetting escalating store costs during the period. 2) Investing in omnichannels and "shops" is a large focus from execs. 3) The company canceled some winter merchandise orders in December, but then lacked full inventory for the break toward cold weather in Q1. 4) The Lance Armstrong confession was bad for DKS business, in particular with Livestrong branded treadmills. DKS -7.0%. (PR)

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