Dick's Sporting Goods Inc is a leading American retailer specializing in sports equipment, apparel, and footwear
The company operates a chain of retail stores that cater to the needs of athletes and outdoor enthusiasts, offering a wide range of products from well-known brands and its private label collections. Dick's is committed to promoting an active lifestyle by providing customers with high-quality merchandise, expert advice, and services such as equipment rentals and fittings. In addition to its brick-and-mortar locations, the company has a robust online presence, allowing customers to shop conveniently for their sporting needs. Dick's Sporting Goods actively engages in community initiatives and sponsorships, supporting local sports teams and promoting youth sports programs.
Sporting goods retailer Dick’s Sporting Goods (NYSEDKS) announced better-than-expected revenue in Q4 CY2024, but sales were flat year on year at $3.89 billion. On the other hand, the company’s full-year revenue guidance of $13.75 billion at the midpoint came in 1% below analysts’ estimates. Its GAAP profit of $3.62 per share was 2.8% above analysts’ consensus estimates.
Target is nearing its bottom and unlikely to move lower than $100 due to normalized business, cash flow, and capital returns, including the high-yield dividend.
NEW YORK, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against DICK’S Sporting Goods, Inc. (NYSEDKS) on behalf of long-term stockholders following a class action complaint that was filed against DICK’S Sporting Goods on February 16, 2024 with a Class Period from May 25, 2022 to August 21, 2023. Our investigation concerns whether the board of directors of DICK’S Sporting Goods have breached their fiduciary duties to the company.
Dick's currently trades at $247.31 and has been a dream stock for shareholders. It’s returned 435% since January 2020, blowing past the S&P 500’s 84% gain. The company has also beaten the index over the past six months as its stock price is up 19%.
Investors are keeping a close eye on DICK'S SPORTING GOODS INC (NYSEDKS) as it boasts an impressive technical rating of 10 out of 10, signaling a possible breakout.