Yuma International | DKS Forecast Lags Behind Estimates.

Online, April 9, 2013 (Newswire.com) - Yuma International is understood to have relayed a recent announcement from Dick's Sporting Goods that investment in growth would result in lower earnings for the year ahead.

Dick's Sporting Goods Inc.'s share price fell to its lowest levels in 4 years after forecasting annual earnings fell lower than Dicks anticipated. Dicks is to invest in a store remodeling program as well as boosting its Internet operations.

Yuma International reportedly noted that the largest chain of sporting goods stores in the U.S. saw their stock fall over ten percent, closing down in New York, their most severe fall since the fourth quarter of 2008. Dicks had climbed by 11 percent so far this year, comparing favorably to the 8.8 percent gain seen by the S&P 500 index.

Internet based companies are providing stiff competition for Dicks and it is difficult to compete against lower prices and free shipping when you have physical locations and stock. Dick's investment in its web presence should help the company to compete in the long run.

According to a public statement from Dicks, the store-remodeling program will add sections dedicated to particular manufacturers, such as Adidas, Nike and Under Armour. Dicks also plan to bring new store formats to consumers, with concepts based on the Field & Stream brand, which they purchased last year.

Yuma International allegedly revealed that Dick's earnings per share forecast range for the fiscal year, which runs until the middle of the first quarter of next year, is one cent either side of $2.85, which includes the investment costs.