Dick’s SG Gets Positive Outlook from Moody’s
The ratings agency improved its outlook on the retailer after a strong Q2 performance, with an eye towards raising its BBB issuer credit rating, which was affirmed for now. Moody’s cited the solid growth in EBITDA margin, helped by elevated product margins, which is expected to expand by nearly 200 bps to almost 20% for the fiscal years ended Feb. 2025 and 2026. ... Log in to view full article.
