Sports Goods Weakest Segment of Retail Sales

Sporting goods are the weakest segment of US retail sales with a -4% decline year over year. This coincides with the -15% decline in Dick’s Sporting Goods this morning following their weak earnings report.

Here are the components of retail sales:

Avory & Co

Here’s the message the market is sending to Dick’s after they announced a weak earnings report and suggested they will be increasing promotional activity.

Like what you read? Give Sean D. Emory a round of applause.

From a quick cheer to a standing ovation, clap to show how much you enjoyed this story.