The convergence of sport and culture in our country has never been stronger, and with a series of major sporting events set to take place in the U.S.,” the company said.

Dick's Sporting Goods issued a weak outlook Tuesday as it says it faced a "dynamic macroeconomic environment."

Shares of Dick's Sporting Goods and sneaker maker Puma each fell Tuesday as both companies issued downbeat guidance for the year reflecting uncertainty over the effect of the Trump tariffs. Dick's, the largest sporting goods retailer in the U.