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Published: Tuesday, March 13, 2018 @ 8:05 AM
Updated: Tuesday, March 13, 2018 @ 8:04 AM
CORAOPOLIS, Pa. — Dick's Sporting Goods on Tuesday reported disappointing holiday sales numbers in part due to weak demand for one-time hot brands like Under Armour.
The company's CEO also said recent changes to its firearm policies, ending the sale of guns to anyone under 21, will hurt future sales and may cause fewer shoppers to come to its stores.
Last month, Dick's stepped into the national spotlight when, in the aftermath of a school massacre in Parkland, Florida, it banned the sale of assault-style rifles and the sale of all guns to anyone under 21. Other retailers followed suit, including Walmart, which also raised its minimum age rules for firearms.
Sales fell 2 percent at established stores during the fourth quarter, which was about double the decline that Wall Street was expecting. Industry analysts watch that figure closely as a barometer of a retailer's health as it excludes the volatility of stores recently opened or closed.
To try and improve sales, CEO Edward Stack said the company will give more store space to its private-label brands, such as Second Skin workout apparel. Its store brands are growing faster than others, and Stack expects them to surpass $2 billion in sales in a "short period of time," but did not give an exact time for that to happen.
Stack said that the company's new firearms policy "is not going to be positive from a traffic standpoint and a sales standpoint."
Dick's expects full-year earnings of about $2.80 to $3 per share. Analysts polled by FactSet predict $2.79 per share.
For the period ended Feb. 3, Dick's Sporting Goods Inc. earned $116 million, or $1.11 per share. A year earlier the company, based just outside of Pittsburgh in Coraopolis, Pennsylvania, earned $90.2 million, or 81 cents per share.
Excluding certain items, earnings were $1.22 per share. That's 2 cents better than analysts expected, according to a survey by Zacks Investment Research.
Revenue rose to $2.66 billion, from $2.48 billion, with online sales up about 9 percent. But that was still shy of Wall Street projections for $2.73 billion.
Shares of Dick's Sporting Goods Inc. ended Tuesday up 32 cents, or about 1 percent, at $32.88 after dipping to $29.53 earlier in the day.
Published: Thursday, March 22, 2018 @ 3:32 AM
Updated: Thursday, March 22, 2018 @ 8:55 PM
— Mainly clear skies are in the forecast this evening with temperatures slowly falling through the 30s, Storm Center 7 Chief Meteorologist Eric Elwell said.
Friday: Skies will be mostly sunny with temperatures rebounding into the middle 40s.
Saturday: Skies will be cloudy with snow likely, especially south. The snow may be heavy with accumulation likely depending on the storm track. Highs will hold in the upper 30s.
Sunday: Skies will clear with temperatures climbing back into the lower 40s.
Monday: Clouds will be on the increase. Temperatures will rebound to near 50 degrees.
Tuesday: Milder temperatures arrive but so will the threat for showers. Highs will top out in the middle 50s.
Published: Friday, March 23, 2018 @ 1:50 AM
A group of Florida junior high school students lost their final flag football game of the season Thursday, but they won an equal opportunity fight for boys and girls.
Forget powder puff. Armoni Peppers knows how to play with the boys.
"She's awesome. I love her," coach Bobby Burke said. "She's aggressive. She can catch."
Peppers tried out for Brevard County’s Odyssey Charter School's junior high flag football team and made it.
"It makes me feel good, and also, it gives me muscle mass and stuff," the seventh-grader said.
But after several games, the Space Coast Christian Athletic Association told her that girls can't play on the team.
"At first, I was, like, kind of sad," she said.
"She was very upset. She was crying," Kimberly Peppers-Coney said. "I said, 'We're going to work on this.'"
The 12-year-old walked up to her final game Thursday in uniform, but the league's athletic director told her that she couldn't go on the field.
The athletic director declined an on-camera interview, but said that two years ago, the association voted to make football a boys-only sport and volleyball a girls-only sport.
"If they established that, I was never told that," Burke said. "The actual A.D. of our school didn't know that."
The league's athletic director said the rule keeps girls from being grabbed in their genitals or losing their pants by accident.
"That should be my decision," Peppers-Coney said. "I keep her fully dressed. She wears another outfit underneath her uniform."
The uniforms that the Pepper family wore Thursday carried a clear message -- and it worked, because the opposing team's coach gave the OK and the league let Armoni play.
"I think with the presence of having us here and the media they have allowed her to play today," Peppers-Coney said.
Next season is up in the air for now, but Armoni's dreams go far beyond the field.
"Flag pulling is easy," she said. "But, like, tackling -- I could do that easier."
Peppers plays like a girl -- one without limits.
Published: Friday, March 23, 2018 @ 12:32 AM
Updated: Friday, March 23, 2018 @ 2:22 AM
TROTWOOD — UPDATE @ 2:25 a.m: Officials continue to investigate after a person was shot in the mouth in Trotwood early Friday morning.
OTHER LOCAL NEWS: Two suspected metal thieves caught red-handed at Hewitt Soap Factory
Initial reports indicate the shooting occurred in the 4700 block of Knollcroft Road just after midnight.
The suspect was not on scene when authorities arrived, but officials are describing the suspect vehicle as a black Lincoln SUV.
The victim was transported to Miami Valley Hospital on unknown conditions.
Crews are responding to the 4700 block of Knollcroft Road in Trotwood on a reported shooting that occurred early Friday morning.
The incident was dispatched around 12:20 a.m., per initial reports.
We will continue to update this story with more details.
Published: Friday, March 02, 2018 @ 2:52 AM
Updated: Friday, March 23, 2018 @ 1:22 AM
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