24 min
Are Sports Retailers Doomed? MarketFoolery
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- Business News
Nordstrom stock pops 14% after 2nd-quarter profits come in higher than expected. Dick’s Sporting Goods posts a good 2nd-quarter report, but does the future of sports retailers belong to businesses that focus on a single sport? Jason Moser analyzes those stories, as well as Apple’s new credit card. Plus we dip into the Fool Mailbag to offer investing advice for a soon-to-be uncle. (To get 50% off our Stock Advisor service, go to http://StockIdeas.Fool.com.)
Nordstrom stock pops 14% after 2nd-quarter profits come in higher than expected. Dick’s Sporting Goods posts a good 2nd-quarter report, but does the future of sports retailers belong to businesses that focus on a single sport? Jason Moser analyzes those stories, as well as Apple’s new credit card. Plus we dip into the Fool Mailbag to offer investing advice for a soon-to-be uncle. (To get 50% off our Stock Advisor service, go to http://StockIdeas.Fool.com.)
24 min