The Zhitong Finance App learned that on Tuesday, Dick Sporting Goods (DKS.US) dived low. As of press release, the decline was over 22%, with a cumulative drop of about 30% in August. According to the news, Dick Sporting Goods announced second-quarter results. Revenue reached US$5.59 billion, up 53.2% year on year, below analysts' unanimous expectations of US$5.65 billion. The increase was mainly due to mergers and acquisitions of the Foot Locker business. Adjusted earnings per share of $3.53 were lower than market expectations of $3.78.

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