As Dick's Sporting Goods Falls 17%, Expect More of the Same from Retail [View article]
When you make mistakes like this you lose credibility:
"Revenue rose 9 percent, to $1.2 billion from $1.11 billion, as greater customer traffic partly offset the effects of inflation"
Go back and re-read the transcript. Traffic was down not up and inflation helped the top-line because they were able to pass along the increases. Not trying to be a dikk, just thought this was a sloppy mistake. Cheers
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When you make mistakes like this you lose credibility:
May 23 19:01 pm
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All Comments by John Winger »As Dick's Sporting Goods Falls 17%, Expect More of the Same from Retail [View article]
"Revenue rose 9 percent, to $1.2 billion from $1.11 billion, as greater customer traffic partly offset the effects of inflation"
Go back and re-read the transcript. Traffic was down not up and inflation helped the top-line because they were able to pass along the increases. Not trying to be a dikk, just thought this was a sloppy mistake. Cheers