After mostly flying high through the pandemic years, Dick's Sporting Goods Inc. (NYSE: DKS) has revised its earnings guidance downward for the year, acknowledging some customer service layoffs and facing a major hit to its share price.
The Findlay, Ohio-based company revised its 2023 growth expectations from 1.4% down to a range of essentially flat to 2% and its earnings per share from a previous range of $12.90 to $13.80 down to between $11.33 and $12.13.
Shares of Dick's stock took a major price…
