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    Dick's Sporting Goods cuts annual sales forecast as cautious spending weighs

    Picture of DICK'S Sporting Goods logoDICK'S Sporting Goods
    25/08/2026 12:04
    Dick's Sporting Goods cuts annual sales forecast as cautious spending weighs
    Aug 25 (Reuters) - Dick's Sporting Goods DKS.N cut its full-year sales forecast on Tuesday, as pressured discretionary spending amid a cautious consumer environment weighed on demand for sporting goods and athletic apparel.
    The company now expects annual sales of $21.9 billion to 22.2 billion, compared with its earlier forecast of $22.1 billion to $22.4 billion.

     (Reporting by Angela Christy in Bengaluru; Editing by Maju Samuel)
     ((AngelaChristy.M@thomsonreuters.com;))

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