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-9.95569714769786E-05 -0.00224003185823096 0.00159291154363081 0.00184180397232304 -0.00139379760067699 -0.00923390910448513 -0.0108517098909851 -0.00592363980287718
Stock impact report

Federer-backed On raises annual sales forecast on strong holiday season demand [Yahoo! Finance]

Dick's Sporting Goods Inc (DKS) 
Last dick's sporting goods inc earnings: 3/10 07:30 am Check Earnings Report
US:NYSE Investor Relations: investors.dicks.com
Company Research Source: Yahoo! Finance
by strong holiday season demand for its new running shoes such as Cloud X4 and Cloudnova 2 from customers willing to pay full prices. U.S.-listed shares of the company were up 2.5% in premarket trading. The Roger Federer-backed sportswear maker's efforts to invest in marketing by sponsoring athletes at the Paris Olympics, as well as partnering with actor Zendaya to gain more customer attention, helped bring in new buyers and also take market share from bigger rival Nike. Similar to On, Adidas reported strong quarterly sales on growing interest for its retro style three-striped Samba and Gazelle shoes, while Nike's innovation lag and struggle to regain consumers forced it to withdraw its annual forecasts. Heading into the holiday season, On has also responded to the growing demand for its shoes and apparel by expanding its own-store base, opening flagship stores in New York, Melbourne and Milan. "The strong momentum really allows us to focus on full price," Martin Hoffmann, c Show less Read more
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