1025 ET - Dick's Sporting Goods CEO Lauren Hobart says on a call with analysts that she is very confident the chain of sporting-goods stores can hit its fiscal 2025 outlook "regardless of what happens in the marketplace with tariffs and such." CFO Navdeep Gupta notes that the company and its national brand partners have diversified their production facilities over the past several years, which should help limit the effect of tariffs. "We see the landscape of the tariff continuing to evolve," he says, adding that the company will "work very closely with our brand partners, appropriately balancing what is the right pricing decisions for our athletes, as well as what is the right pricing decision for our own business." Shares fall 3.5% after Dick's offers weaker earnings guidance than analysts had been expecting. (connor.hart@wsj.com)
(END) Dow Jones Newswires
March 11, 2025 10:25 ET (14:25 GMT)
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