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.
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.
