Go woke, go broke, and put libtards in charge to watch your stores get looted on a daily basis.
Stock price will be near yearly low at market open today.
“Our Q2 profitability was short of our expectations due in large part to the impact of elevated inventory shrink [i.e. STORE THEFT], an increasingly serious issue impacting many retailers,” CEO Lauren Hobart said in a news release.
The reference to shrink [i.e. STORE THEFT] is the first that Dick’s has made in an earnings call or press release in nearly 20 years ...
We expect it [STORE THEFT] could even get a little bit worse. We’ve taken a little bit bigger reserve for that in the second half of the year. Just because what we see going on with organized retail crime, grab and go’s,”
https://www.cnbc.com/2023/08/22/dicks-sporting-goods-dks-earnings-q2-2023.html
Couldn't happen to a more piece-of-shit company.
Overpriced sports gear for people awaiting heart attacks during a recession while flash mobs are called to create insurance scams to cover losses.
What could go wrong?
Get 10% off Dicks when you tell them Bob Peters sent you. __ The Big Guy
Or, 100% off if you tell them Tyrone sent you.
That you, Big Mike?