BMO flags messy outlook for athletic retail earnings pressure
BMO Capital said Deckers Brands (DECK) and Dick’s Sporting Goods (DKS) face growing pressure from weaker demand, heavier promotions, and tougher category trends. It issued Underperform ratings.
Deckers Brands (DECK) and Dick’s Sporting Goods (DKS) stocks are drawing attention after BMO Capital flagged growing pressure across the athletic retail market. The firm sees weaker demand, heavier promotions, and tougher category trends weighing on future earnings, prompting ‘Underperform’ ratings…