Dick’s Sporting Goods publicizes a whole lot of layoffs forward of earnings

Retailer Dick’s Sporting Goods
DKS,
+0.29%
has reduce a whole lot of company jobs forward of its quarterly earnings launch Tuesday.

The layoffs comprise lower than 1% of the general workforce, an individual near the corporate mentioned Monday.

Dick’s Sporting Goods plans to “reinvest in critical growth drivers,” mentioned this individual, together with jobs elsewhere on the firm. It is prone to focus on funding plans and the state of client demand throughout a convention name Tuesday morning.

The retailer has reported robust gross sales because the begin of the pandemic as customers refill on out of doors gear, work-out tools and different sporting gear.

It employed round 18,800 full-time staff and 34,000 part-time staff as of January, in keeping with monetary filings.

Source web site: www.marketwatch.com

Rating
( No ratings yet )
Loading...