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Dick's Sporting Goods, Inc. - DKS STOCK NEWS

Welcome to our dedicated page for Dick's Sporting Goods news (Ticker: DKS), a resource for investors and traders seeking the latest updates and insights on Dick's Sporting Goods stock.

DICK'S Sporting Goods, Inc. (NYSE: DKS) is a leading omni-channel sporting goods retailer, rooted in providing a wide array of top-quality athletic equipment, apparel, and footwear. Established in 1948 and headquartered in Pittsburgh, Pennsylvania, the company operates over 850 DICK'S Sporting Goods stores, along with specialty stores like Golf Galaxy, Public Lands, and DICK'S House of Sport.

The company prides itself on offering brand-name products from industry leaders such as Nike, The North Face, Under Armour, Callaway Golf, and TaylorMade. In addition to retail stores, DICK'S maintains an extensive online presence through its e-commerce platforms and mobile app, ensuring customers have access to their favorite sporting goods 24/7.

Recent Achievements

  • Partnered with the Boston Athletic Association to support local athletes in qualifying for the Boston Marathon.
  • Signed a golf ball endorsement agreement with Ben Griffin, a top 100 ranked PGA TOUR player, for the Maxfli Tour Series.
  • Reported strong first-quarter 2024 financial results, showcasing robust sales and earnings.
  • Announced multi-year partnerships with the Boston Celtics and Red Sox as their Official Sporting Goods Retail Partner.
  • Launched a new girls' apparel collection in collaboration with the WNBA, promoting youth participation in women's sports.
  • Celebrated 10 years of the Sports Matter Program, committing over $100 million to support under-resourced youth sports teams and athletes.

Financially, DICK'S Sporting Goods has demonstrated consistent growth and resilience. The company has a solid balance sheet and continues to invest in its real estate portfolio, vertical brand offerings, and new specialty concept stores. Their community-focused initiatives, such as Sports Matter and partnerships with major sports franchises, highlight their dedication to fostering sports participation at all levels.

For more detailed updates on DICK'S Sporting Goods, visit dicks.com and their investor relations site at investors.dicks.com.

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DICK'S Sporting Goods (NYSE: DKS) has announced its participation in two major investor conferences on December 3rd. The company will join a fireside chat at the Morgan Stanley Global Consumer & Retail Conference at 9:30 a.m. ET, followed by another at the Barclays 10th Annual Eat, Sleep, Play, Shop Conference at 1:30 p.m. ET.

Both sessions will be accessible via webcast through the company's Investor Relations website. Founded in 1948, DICK'S operates over 850 stores across various brands, including DICK'S Sporting Goods, Golf Galaxy, and Public Lands, serving athletes and outdoor enthusiasts through both physical locations and digital platforms.

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Golf Galaxy has released its 2024 holiday gift guide featuring products from top brands and exclusive offerings. The guide includes product drops, golf services, and experiences packages. Notable Black Friday deals (Nov. 24-30) include up to $300 off select golf clubs, 40% off bags and shoes, and 60% off select golf apparel. The company offers various shopping conveniences including free shipping for ScoreCard members, one-hour pickup, and a Best Price Guarantee. Store locations will be closed on Thanksgiving but will open on Black Friday from 7:00 a.m. to 8:00 p.m.

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DICK'S Sporting Goods (NYSE: DKS) has released its 2024 holiday gift guide featuring major brands and exclusive offerings. The company announced Black Friday deals running from November 24-30, including up to 30% off select Nike clothing and significant discounts on various sporting equipment. Stores will be closed on Thanksgiving but open on Black Friday from 6:00 a.m. to 10:00 p.m. The retailer offers multiple shopping options including free shipping for ScoreCard members, one-hour pickup, ship to home, and same-day delivery through Instacart and DoorDash. DICK'S Best Price Guarantee ensures competitive pricing, matching lower prices from other retailers.

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DICK'S Sporting Goods (NYSE: DKS) launches a holiday ad campaign featuring NFL legend J.J. Watt and his family. The campaign, titled 'A Watt Holiday Classic', shows J.J. being accidentally left behind in a DICK'S store, paying homage to classic holiday movies like 'Home Alone' and 'Elf'. The advertisement will run across broadcast, digital, social, and streaming services, promoting DICK'S 24/7 online shopping availability at DICK'S.com. The campaign was created by DICK'S internal creative team and produced by Hungry Man Productions.

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DICK'S Sporting Goods (NYSE: DKS) has scheduled its third quarter fiscal 2024 earnings announcement for November 26th, before market opening. A conference call will follow at 8:00 a.m. Eastern Time, which will be webcast on the company's investor relations website. The call recording will be archived online for approximately twelve months. DICK'S operates more than 850 stores across various brands including DICK'S Sporting Goods, Golf Galaxy, Public Lands, and Going Going Gone!, serving athletes and outdoor enthusiasts through both physical locations and digital platforms.

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GameChanger, part of DICK'S Sporting Goods, has launched Film Room, an AI-powered video analysis tool for youth basketball and volleyball. This feature, available on iOS and Android, automatically condenses game footage into coachable moments, allowing coaches to mark, annotate, and share key plays with athletes and families at no cost.

To promote Film Room, GameChanger has partnered with Lisa Bluder, former head coach of The University of Iowa Women's Basketball Team, and Steve Pikiell, head coach of Rutgers University Men's Basketball. The company has also introduced a new written series on GC.com, focusing on the technical aspects of their AI and computer vision work.

Film Room builds on the success of AutoStream, an AI feature that automatically follows court action. AutoStream powered nearly 25% of all GameChanger basketball streams last winter.

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DICK'S Sporting Goods (NYSE:DKS) and the University of Tennessee athletics have extended their partnership in a multi-year deal. The partnership, which began in Fall 2021, will continue with DICK'S remaining a Proud Partner of the Tennessee Volunteers. Key aspects of the partnership include:

- Presenting Partner of Youth Sports Day and the annual Tennessee Football's Spring Coaches Clinic
- Presence at Volunteer Village during select games and hosting on-site activations
- Hosting events, camps, and clinics with university coaches and athletes at DICK'S House of Sport in Knoxville
- Presenting Sponsor of football and baseball uniform reveals
- Displaying football uniforms at DICK'S House of Sport Knoxville

The partnership aims to engage with the local community and support the Vols fanbase. The contract extension was secured by The Vol Network and Learfield team.

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DICK'S Sporting Goods revisits MLK High School in Philadelphia 10 years after the release of their documentary "We Could Be King." The film chronicled the merger of Germantown and Martin Luther King High Schools' football teams due to a budget crisis in 2013. Ed Dunn, a former math teacher and assistant coach, volunteered to lead the merged team to a championship victory.

A decade later, The DICK'S Sporting Goods Foundation returned to MLK High School to meet with Dunn and current head coach Malik Jones. Both coaches emphasize the importance of football in keeping kids off the streets and teaching valuable life lessons. The Foundation surprised the team with new gear from Nike and Hyperice, as well as a $100,000 Sports Matter Grant to celebrate the 10th anniversary of the Sports Matter Program.

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DICK'S Sporting Goods (NYSE:DKS) has announced plans to hire nearly 8,000 seasonal teammates for the 2024 holiday season. The company will kick off its holiday recruiting efforts with its seventh-annual 'National Signing Day' on October 8, seeking applicants for positions across its various store brands. Seasonal teammates will enjoy competitive pay, optional DailyPay, and an associate discount of up to 25-40% off.

DICK'S will close all stores and distribution centers on Thanksgiving Day, November 28, 2024, allowing employees to spend time with their families. The company has noted a decrease in seasonal hiring volume due to steadily declining store teammate turnover since 2021. DICK'S has been recognized for its workplace culture, including being named on FORTUNE's Best Place to Work in Retail for the fourth consecutive year.

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Synchrony (NYSE: SYF) and DICK'S Sporting Goods (NYSE: DKS) have announced a multi-year extension of their strategic partnership. This extension aims to enhance athlete services and experiences through the DICK'S Sporting Goods ScoreRewards Credit Card program. The partnership will focus on:

  • Driving athlete loyalty
  • Enhanced technology capabilities
  • Expanded data and analytics
  • Superior in-store athlete experience

The ScoreRewards Credit Card Program will continue to offer benefits such as earning rewards 2X faster, exclusive member-only offers, and digital account management. These cards can be used online and across DICK'S Sporting Goods' 800+ retail locations, including House of Sport, Golf Galaxy, and Public Lands.

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FAQ

What is the current stock price of Dick's Sporting Goods (DKS)?

The current stock price of Dick's Sporting Goods (DKS) is $194.18 as of November 20, 2024.

What is the market cap of Dick's Sporting Goods (DKS)?

The market cap of Dick's Sporting Goods (DKS) is approximately 15.8B.

What is DICK'S Sporting Goods' primary business?

DICK'S Sporting Goods retails athletic equipment, apparel, and footwear through its stores and online platforms.

Where is DICK'S Sporting Goods headquartered?

DICK'S Sporting Goods is headquartered in Pittsburgh, Pennsylvania.

How many stores does DICK'S Sporting Goods operate?

DICK'S operates over 850 DICK'S Sporting Goods stores and additional specialty stores like Golf Galaxy and Public Lands.

What brands does DICK'S Sporting Goods carry?

DICK'S carries top brands such as Nike, The North Face, Under Armour, Callaway Golf, and TaylorMade.

What recent partnerships has DICK'S Sporting Goods announced?

DICK'S recently partnered with the Boston Celtics and Red Sox as their Official Sporting Goods Retail Partner.

What community initiatives is DICK'S Sporting Goods involved in?

DICK'S is involved in the Sports Matter Program, donating millions to support under-resourced youth sports teams and athletes.

What is the Sports Matter Program?

The Sports Matter Program is DICK'S initiative to support youth sports by providing funding for equipment, registration fees, league costs, and playing fields.

Who founded DICK'S Sporting Goods?

DICK'S Sporting Goods was founded in 1948 by the father of current executive chairman Edward Stack.

What financial results did DICK'S report for the first quarter of 2024?

DICK'S reported strong sales and earnings for the first quarter of 2024, reflecting robust financial performance.

Where can I find more information about DICK'S Sporting Goods?

More information can be found on their official website at dicks.com and their investor relations site at investors.dicks.com.

Dick's Sporting Goods, Inc.

NYSE:DKS

DKS Rankings

DKS Stock Data

15.80B
55.63M
3.72%
93.28%
4.74%
Specialty Retail
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