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.
DICK'S Sporting Goods (NYSE: DKS) has launched its second Holiday Shopping Sprint campaign featuring Xavier Worthy, the NFL Scouting Combine 40-yard dash record holder. The initiative provided $2,500 worth of holiday gifts to two selected winners in the Kansas City area, with Worthy personally shopping and delivering the items.
The company offers various shopping options including free shipping for ScoreCard members on orders over $49, guaranteed holiday delivery by 12/24 for orders placed by 12/18, one-hour in-store pickup, ship-to-home service, and same-day delivery in select markets. This follows last year's campaign featuring WNBA star Kelsey Plum.
DICK'S Sporting Goods Foundation has renewed its support for the Anchorage Girls High School Hockey program with a $100,000 Sports Matter Grant and new equipment. This follows their initial $200,000 grant in 2013 when the program faced closure due to budget cuts. The current season costs approximately $80,000, with coaches volunteering their time to keep the program running.
Program alumni Gabi Gibson and Steinhilpert presented the grant, which includes new Bauer equipment such as helmets, gloves, water bottles, neck guards, elbow pads, sticks, and jerseys. Program director Brian Gross indicated the funding would sustain the program for four to five years. This initiative is part of The DICK'S Foundation's Sports Matter Program, which has invested over $100 million to support youth sports participation over the past decade.
DICK'S Sporting Goods (DKS) reported strong Q3 2024 results with net sales of $3.06 billion and earnings per diluted share of $2.75. The company achieved 4.2% comparable sales growth despite a calendar shift impact of approximately $105 million. Year-to-date performance showed 4.7% comparable sales growth and earnings per diluted share of $10.43. Based on strong performance, DKS raised its full-year 2024 guidance, projecting comparable sales growth of 3.6% to 4.2% and earnings per diluted share of $13.65 to $13.95. The company continues to invest in strategic initiatives like House of Sport and DICK'S Field House concepts.
DICK'S Sporting Goods (NYSE: DKS) launched a holiday campaign featuring sports stars Simone Biles, Dak Prescott, Chris Paul, and Quinn Ewers decorating stores across Texas. Each athlete will compete to create unique holiday displays in their respective cities' stores, incorporating elements that reflect their sport and local culture. As part of the initiative, DICK'S Sporting Goods Foundation will award $100,000 in Sports Matter grants to youth sports organizations chosen by each athlete. The campaign includes interactive in-store displays through year-end, broadcast commercials, and digital content across multiple platforms in Dallas, Houston, San Antonio, and Austin.
The DICK'S Sporting Goods Foundation has released its Q3 2024 quarterly giving report, highlighting several charitable initiatives. The foundation returned to MLK High School with new support for its football program, provided a $100,000 grant to Kesem to support children affected by parental cancer, and granted $500,000 to DonorsChoose for school sports activities. The DSG brand has contributed over $3 million to the Sports Matter Program through its 1% sales giveback initiative. Additionally, Gatorade donated 5% of its DICK'S Sporting Goods product sales to the Sports Matter Program during Q3.
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.
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.
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.
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.
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.
FAQ
What is the current stock price of Dick's Sporting Goods (DKS)?
What is the market cap of Dick's Sporting Goods (DKS)?
What is DICK'S Sporting Goods' primary business?
Where is DICK'S Sporting Goods headquartered?
How many stores does DICK'S Sporting Goods operate?
What brands does DICK'S Sporting Goods carry?
What recent partnerships has DICK'S Sporting Goods announced?
What community initiatives is DICK'S Sporting Goods involved in?
What is the Sports Matter Program?
Who founded DICK'S Sporting Goods?
What financial results did DICK'S report for the first quarter of 2024?
Where can I find more information about DICK'S Sporting Goods?
