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Leki, the manufacturer of skiing, trekking and trail running poles, announced it had signed American ultramarathon runner Courtney Dauwalter. “Courtney’s incredible talent, passion and outgoing personality transcend the sport of trail running,” said Sven Brunso, Leki marketing director. “Her accomplishments have put her on the global stage alongside the best of the best, and we […]

Shares of Dick’s Sporting Goods fell 4.1 percent Tuesday despite the retailer reporting third-quarter results that crushed analyst estimates. The decline was attributed to conservative Q4 guidance and concerns over Dick’s losing momentum in 2022. Most sell-side analysts remained bullish on the stock and expressed confidence Dick’s will be able to overcome supply chain challenges and brutal comparisons in the quarters ahead. 

Dick’s Sporting Goods for the third quarter in a row raised its outlook for the year as earnings again came in well above Wall Street targets and sales topped tough year-ago comparisons. Comps are now expected to expand about 25 percent for the year. Lauren Hobart, president and CEO, told analysts, “During a time when consumers are making lasting lifestyle changes with an increased focus on health and fitness and greater participation in outdoor activities, we believe that Dick’s Sporting Goods has become synonymous with sport in the United States.”