{"slug": "earnings-live-updates-dick-s-sporting-goods-stock-tanks-after-retailer-slashes", "title": "Earnings live updates: Dick's Sporting Goods stock tanks after retailer slashes outlook amid 'challenging conditions'", "summary": "Dick's Sporting Goods stock tumbled after the retailer slashed its full-year outlook, citing 'challenging conditions,' as the second-quarter earnings season nears completion with S&P 500 earnings on pace to rise 50% year over year, the highest growth since 2021, driven by artificial intelligence, according to FactSet and Bank of America strategists.", "body_md": "# Earnings live updates: Dick's Sporting Goods stock tanks after retailer slashes outlook amid 'challenging conditions'\n\nThe second quarter earnings season is nearly complete, with Nvidia's ([NVDA](https://finance.yahoo.com/quote/NVDA/)) [Q2 results on Wednesday](https://finance.yahoo.com/news/nvidias-q2-earnings-to-test-resurgent-ai-trade-112502189.html) serving as a keystone to a remarkably strong stretch of corporate reports.\n\nAccording to FactSet data, second quarter earnings for S&P 500 companies are on pace to [rise 50% year over year](https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_080726.pdf), the highest growth rate since 2021. Artificial intelligence has been [the growth engine](https://finance.yahoo.com/markets/article/corporate-earnings-soared-in-q2-with-ai-as-the-growth-engine-chart-of-the-day-173507179.html) of that broad-based earnings growth, Bank of America strategists noted.\n\nIn addition to Nvidia's results, investors watched for key updates from dollar stores Dollar Tree ([DLTR](https://finance.yahoo.com/quote/DLTR/)) and Dollar General ([DG](https://finance.yahoo.com/quote/DG/)); software companies, such as Salesforce ([CRM](https://finance.yahoo.com/quote/CRM/)), Intuit ([INTU](https://finance.yahoo.com/quote/INTU/)), and Zoom ([ZM](https://finance.yahoo.com/quote/ZM/)); and other retailers like Dick's Sporting Goods ([DKS](https://finance.yahoo.com/quote/DKS/)) and Kohl's ([KSS](https://finance.yahoo.com/quote/KSS/)).", "url": "https://wpnews.pro/news/earnings-live-updates-dick-s-sporting-goods-stock-tanks-after-retailer-slashes", "canonical_source": "https://ca.finance.yahoo.com/news/earnings-live-updates-q2-nvidia-115314802.html", "published_at": "2026-08-25 11:53:14+00:00", "updated_at": "2026-08-25 12:13:49.056393+00:00", "lang": "en", "topics": ["artificial-intelligence"], "entities": ["Dick's Sporting Goods", "Nvidia", "FactSet", "Bank of America", "Dollar Tree", "Dollar General", "Salesforce", "Intuit"], "alternates": {"html": "https://wpnews.pro/news/earnings-live-updates-dick-s-sporting-goods-stock-tanks-after-retailer-slashes", "markdown": "https://wpnews.pro/news/earnings-live-updates-dick-s-sporting-goods-stock-tanks-after-retailer-slashes.md", "text": "https://wpnews.pro/news/earnings-live-updates-dick-s-sporting-goods-stock-tanks-after-retailer-slashes.txt", "jsonld": "https://wpnews.pro/news/earnings-live-updates-dick-s-sporting-goods-stock-tanks-after-retailer-slashes.jsonld"}}