Dick’s Sporting Goods delivers record sales in coronavirus home-fitness boom

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Dick’s Sporting Goods Inc. reported record earnings and sales in the three months through June amid strong demand for health and fitness products as customers sheltered at home during the COVID-19 pandemic.

The Coraopolis, Penn.-based sporting goods retailer earned $276.8 million, or an adjusted $3.21 per share, recouping $28 million of inventory write-downs recorded in the first quarter. Net sales rose 20% from a year earlier to $2.71 billion.

The results outpaced the adjusted earnings of $1.30 per share and revenue of $2.46 billion that Wall Street analysts surveyed by Refinitiv were expecting.

Ticker Security Last Change Change %
DKS DICKS SPORTING 54.78 -1.35 -2.41%

“During this pandemic, the importance of

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Coronavirus uncertainty prompts California fitness chain to move outdoors

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Coronavirus uncertainty prompts California fitness chain to move outdoors


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SPEECH. TONI: THE ONGOING CLOSURE OF INDOOR GYMS IS LEAVING ONE OF THE BIGGEST FITNESS CHAINS TO MAKE A DRASTIC STEP TO ADAPT. TEO: MIKE TESELLE IS LIVE IN ROSEVILLE WITH WHAT THEY ARE DOING TO SURVIVE AS A BUSINESS. MIKE: GOOD MORNING. USUALLY AT CALIFORNIA HEALTH FITNESS WE ARE ON THE GYM FLOOR, AND WE ARE, BUT IT IS IN THE PARKING LOT UNDER THE BIG TENT. THIS IS A DRAMATIC SHIFT IN WHAT GYMS LOOK LIKE AS THEY MOVE OUTDOORS. THIS WEEKEND CREWS WERE ERECTING THESE 20,000 SQUARE-FOOT TENTS IN THE PARKING LOTS OF BIGGEST CLUBS. THIS IS FROM THE ROCKLIN LOCATION. THE UNCERTAINTY OVER THE FATE OF INDOOR GYMS IS MOTIVATING THE CLUB TO MOVE OUTDOORS AND THEY ARE EXPANDING TO DO IT AT 12 DIFFERENT LOCATIONS.

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After Reopening, This New York City Dentist Is Taking No Chances With Coronavirus

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Dr. Massiah is pleased that he and his team have been using a digital scanner since before the Covid-19 pandemic, since the process is safer than taking dental molds.


Courtesy of Smiles on the Upper West Side

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Barron’s and MarketWatch will check in regularly with six entrepreneurs across the U.S. as they confront the challenges of reviving their business amid the Covid-19 crisis.

  • Smiles on the Upper West Side
  • Owner: Dr. Shaun Massiah
  • Location: New York City
  • Employees: 4 total; 1 was laid off for non-coronavirus reasons and Massiah is looking to fill the position
  • Status: Open

In the 18 years Dr. Shaun Massiah has been practicing dentistry, patients have never told him they’re excited to see him. But that changed last month when he fully reopened his practice after he stopped seeing non-emergency patients in March.

“Every single patient of mine says ‘I’m excited

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Skin care tips during the COVID-19 (coronavirus) pandemic

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Most people are washing their hands or using hand sanitizer more frequently these days. Many are also wearing face masks when in public or during work shifts, often for hours at a time.

These measures are key to reducing the spread of the virus that causes coronavirus disease 2019 (COVID-19). But they can irritate and damage your skin. Making a few skin care changes for your hands and face can help counteract these effects.

Hand care

One of the most important things you can do to protect against COVID-19 is to keep your hands clean and free from germs. The Centers for Disease Control and Prevention (CDC) recommends that you wash your hands often with soap and water for at least 20 seconds, or use an alcohol-based hand sanitizer that contains at least 60% alcohol.

But lots of hand washing can strip your hands of their natural oils. To prevent

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economists on why it’s dangerous to cut the coronavirus supplement

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a group of people standing on a sidewalk: Photograph: William West/AFP via Getty Images


© Provided by The Guardian
Photograph: William West/AFP via Getty Images

The Morrison government has announced changes to jobseeker that will cut the $550-a-fortnight coronavirus supplement to $250 from 28 September, reducing the total jobseeker payment for about 1.6m Australians from $1,115 to $815 a fortnight.

Experts say the supplement has been vital in raising many Australians, including children, out of poverty for the first time. Its effect on the economy has been positive, with the extra $663m in cash being spent by consumers supporting small business, as well as keeping the housing sector afloat by allowing people to keep up rent and mortgage payments. And it is popular: most Australians are opposed to reducing the payment.



a group of people standing in front of a building: ‘It is no revelation that the old rate of Newstart is woefully inadequate,’ says Australia Institute economist Matt Grudnoff, as the federal government slashes the jobseeker payment.


© Photograph: William West/AFP via Getty Images
‘It is no revelation that the old rate of Newstart is woefully inadequate,’ says Australia Institute economist Matt Grudnoff, as the federal government slashes the jobseeker

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JobSeeker coronavirus supplement could go on beyond Christmas, Josh Frydenberg says

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Treasurer Josh Frydenberg says the Morrison government is “favourably disposed” to extending the coronavirus supplement dole payment beyond Christmas.

The government last week extended the JobSeeker supplement beyond its legislated September cut-off until the end of the year, although it will be reduced from $550 to $300, bring the overall dole payment to $800 per fortnight.

However, in last week’s economic update, Treasury forecast the unemployment rate to peak at 9.25 per cent by the end of the year, compared with 7.4 per cent now, which would equate to a further 240,000 people being out of a job.

“We’re favourably disposed to continuing it, but we’ve got to do an assessment of where the jobs market is at that time,” Mr Frydenberg told ABC’s Insider program on Sunday on the outlook for JobSeeker.

“It’s about getting the balance right so that there are incentives for people to return to work,

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Hawaii gears up for hurricane amid coronavirus

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HONOLULU — Hawaii is gearing up for a hurricane that threatens to pummel the islands as residents grapple with escalating numbers of coronavirus cases.

The pandemic was complicating preparations for the American Red Cross, which operates emergency shelters on behalf of local governments. Many volunteers who normally staff the shelters are older or have pre-existing health conditions. Many of these volunteers are thus staying home for this storm.

Also, each shelter will have less capacity because of the physical distancing requirements to prevent the spread of the disease.

Hawaii has some of the lowest coronavirus infection rates in the nation, but the numbers have been rising in recent weeks. On Friday, the state reported 60 new confirmed cases, a record high.

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HERE’S WHAT YOU NEED TO KNOW ABOUT THE VIRUS OUTBREAK:

— Gov. Cuomo: Number hospitalized keeps dropping in New York

— German cruise ship sails for 1st time

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As coronavirus ravaged nursing homes, inspectors were not being tested

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California health officials have required COVID-19 testing of residents and employees at nursing homes, such as this one in Reseda, but have not provided comprehensive testing to their own inspectors who regularly visit the facilities. <span class="copyright">(Jason Armond / Los Angeles Times)</span>
California health officials have required COVID-19 testing of residents and employees at nursing homes, such as this one in Reseda, but have not provided comprehensive testing to their own inspectors who regularly visit the facilities. (Jason Armond / Los Angeles Times)

Since early in the COVID-19 pandemic, California health officials have required nursing homes to bar entry to outsiders who might bring the coronavirus in with them and trigger a deadly outbreak among the elderly, vulnerable residents.

As a result, aging parents haven’t seen their families in months. Many have died without a final embrace from the people they loved.

But despite requiring routine testing of residents and employees, there’s one group California health officials have knowingly sent from nursing home to nursing home without first testing them for the lethal virus: state inspectors.

Interviews with eight registered nurses working as inspectors for the California Department of Public Health —

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Looking for a Personalized Shopping Experience in Coronavirus Times? 5 Online Retailers You Need to Know Now

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Click here to read the full article.

Everyone’s doing it — shopping online. As the pandemic continues to escalate, e-tailers will have access to more consumer dollars than ever before. However, brands and retailers that offer enhanced shopping experiences with free services such as personal stylists to fit specialists are likely to grab a bigger share of this burgeoning market.

While most sites attempt to make the buying process as seamless as possible by posting lengthy lists of frequently asked questions (FQA) and answers, others take shopping to the next level with live chats by online or by phone, with knowledgable customer service representatives.

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Meanwhile, some continue to lure shoppers with free shipping offers and liberal return policies. In one go-the-extra-mile example, Lands’ End noted a customer recently discovered an item purchased in 2000 that was misplaced during a move. The company took it back and

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Expert shopping: Coronavirus face shields

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Our editors independently selected these items because we think you will enjoy them and might like them at these prices. If you purchase something through our links, we may earn a commission. Pricing and availability are accurate as of publish time. Learn more about Shop TODAY.

Editor’s note: As we will report below, experts agree that face shields — and face masks — do not replace or relieve the need to wash your hands and social distance, and they absolutely do not alone prevent the spread of COVID-19.

As cases surge across the country, more than half of U.S. states require wearing face coverings while in public to help stop the spread of COVID-19. Many retailers have begun selling non-medical masks and masks with extra protection, like insertable filters or antimicrobial materials. Another new protective trend? Face shields. Shields comprise an often curved plate of plastic that hovers

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