Dick's Sporting Goods Inc.'s shares fell the most in a year on Thursday after the company gave a fourth quarter profit forecast that didn't meet Wall Street expectations.

Shares ended the day at $22.52, down $2.30, or 10.2 percent, after falling by 12 percent earlier in the day. Findlay-based Dick's reported higher profit and sales figures for the third quarter, saying it sold more cold-weather items than usual in the early part of this fall.

The company had a profit of $18.9 million, or 16 cents a share, up from $6.2 million, or 5 cents, a year ago.

Sales for the 13 weeks ended Oct. 31 totaled $989.82 million, up 7.1 percent from a year ago. Dick's said comparable store sales were up by 1.9 percent, and new stores and the addition of Internet sales boosted the sales figure.

But it was the fourth quarter outlook that disappointed analysts. Dick's said its profit would range from 41 to 46 cents a share. Analysts projected 57 cents.

CEO Edward W. Stack said chilly conditions shifted purchases of cold weather gear to the third quarter, from the fourth quarter. This is a concern for the November through January period, he said, as are factors including pending federal health care reforms.

"Nobody really believes this legislation is not going to cost them more money out of their pocket," Stack said during a conference call. "It has really frozen the consumer right now."

Company officials also said construction of Dick's new headquarters complex near Pittsburgh International Airport in Findlay is ahead of schedule, and employees will move there in January.

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