Exploring the factors behind Dix's 23% decrease in profits, including struggles in their outdoor segment and retail theft. The discussion also focuses on the concept of 'shrink' in the retail industry, its impact on investors, and the importance of implementing measures to address it.
Dick’s is the latest retailer to feel the pinch of shrink – just remember all theft is shrink, not all shrink is theft.
(00:21) Asit Sharma and Dylan Lewis discuss:
- Zoom’s customer-driven approach to AI and how the company’s cash hoard is showing up in its earnings. - How a decrease in DIY is impacting Lowe’s results. - Dick’s management joins the ranks of retailers dealing with theft affecting results.
Companies discussed: ZM, LOW, DKS
Host: Dylan Lewis Guests: Asit Sharma Engineers: Dan Boyd
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