Dick’s Sporting Goods Sees Mixed Q3

Dick’s Sporting Goods posted thirdquarter results last week, missing sales forecasts but topping profit estimates. Its Q3 revenues fell 4.5 percent to $1.86 billion. Meanwhile, earnings edged up 2 percent year over year to 39 cents per diluted share, beating the 26 cents market watchers predicted. “Continued improvements in gross margin and disciplined expense management more than offset our strategic investments,” said chairman and CEO Edward Stack.