Why Is DICK's Sporting Goods Stock Sinking Tuesday? - Dick's Sporting Goods (NYSE:DKS)

Dick's Sporting Goods shares slump 22% as Foot Locker weakness sparks outlook cut

Dicks Sporting Goods shares plunged 22% after second-quarter earnings missed estimates and the retailer cut its full-year outlook. Weak Foot Locker sales, integration challenges and cautious consumer demand overshadowed…