Dick's Sporting Goods shares slide as it cuts full-year profit outlook

Dick's Sporting Goods (NYSE:DKS) reported first quarter results that topped Wall Street expectations on revenue and earnings, but its shares fell nearly 6% after the company lowered its full-year profit outlook. Dick's lowered its full-year GAAP earnings per share guidance to a range of $13.27 to $14.27, down from $13.70 to $14.70 previously.