Dick’s Trims Q4, FY Guidance; Announces $200MM Share Buyback Program
DKS, which has revised its fourth quarter comparable store sales outlook to slightly negative to slightly positive from flat to 1% higher, sees its board approve a one-year share repurchase program of up to $200 million. FY11 comps are now seen as slightly below the 2% increase previously estimated. With the announcement, the retailer adjusted its Q4 ... Log in to view full article.
