Nike Inc.’s stock rose nearly 8% in extended trading Tuesday after the sporting-goods retailer reported early holiday earnings and sales are tracking solidly higher than Wall Street expected, though inventories Read more
Tag: Sporting Goods Stores
Inflation should send holiday sales to a record high, even as retailers scale back seasonal hires, industry group reports
Even as inflation stretches consumers’ budgets, retailers are set to break sales records yet again this holiday season — in part due to inflationary price increases — even as they Read more
Peloton strikes first brick-and-mortar deal with Dick’s
Peloton PTON, -3.06% is turning to the country’s largest sporting goods retailer in its latest effort to reach more customers. The connected fitness giant will sell its equipment in Dick’s Sporting Read more
Retailers are trimming holiday hiring plans, and it’s not just because of the economy
With prices high and the labor market still tight, some U.S. retailers are trimming their holiday-season hiring plans. Macy’s Inc. and Dick’s Sporting Goods Inc. on Monday became the latest Read more
Nike earnings preview: Why analysts are trimming profit forecasts
Nike Inc. is slated to report fiscal first-quarter results on Thursday after the bell, with Wall Street looking at an ever-expanding list of issues to work through with the athletic Read more
Opinion: 3 things businesses should do to support their workers’ reproductive choices beyond paying for employees’ abortion-related travel expenses
Last month, the Supreme Court overturned Roe v. Wade and nearly 50 years of precedent, denying the right to an abortion and leaving it up to the states to decide Read more