ATLANTA — The athletic consumer is holding back on purchasing, causing Dick’s Sporting Goods, Inc. to report a 4 percent drop in net income to $20.8 million, or 18 cents per diluted share, in the first quarter, ended May 3, from $21.7 million, or 19 cents per diluted share.
The results, which are within Dick’s March 11 earnings guidance of 16 to 19 cents per diluted share, include a pretax gain on sale of a corporate aircraft totaling $2.4 million.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"