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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 & SidelineSwap Expand Resale Partnership in 2024
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DICK'S Sporting Goods partners with the B.A.A. to offer Boston Marathon bibs to deserving athletes who missed the cutoff time. Three runners from the Boston area get the opportunity to run in the historic race.
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DICK'S House of Sport launches a massive blimp campaign across the East Coast, showcasing a Skyship Services A170 Lightship with impressive dimensions and technology. The blimp, operated by Skyship Services Inc., promises a unique aerial marketing experience for audiences, highlighting SSI's expertise in aeronautical engineering and LTA technology platforms.
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The DICK'S Sporting Goods Foundation announces a new $2 million grant initiative in honor of the 10 year anniversary of its Sports Matter Program. The initiative aims to support young athletes by providing grants to local youth sports organizations. The Foundation has already helped over 2 million kids and committed over $100 million to youth sports since 2014.
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DICK'S Sporting Goods, Inc. (DKS) will participate in a fireside chat at J.P. Morgan's 10th Annual Retail Round Up on April 3rd. The event will be webcast and accessible on the company's Investor Relations website.
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The DICK'S Sporting Goods Foundation's latest quarterly giving series highlights their support for youth sports participation in 2023. They distributed over 1,400 grants totaling $17.5 million, helped 500,000 youth athletes play, and achieved their goal of giving two million children access to sports. The 75for75 Sports Matter Grant Program provided $75,000 grants to 75 youth sports organizations. Initiatives like breaking down barriers, covering registration fees for income-restricted families, and donating equipment to youth athletes were key highlights of their impactful work.
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Golf Galaxy, owned by DICK'S Sporting Goods, launches Better Your Bag sweepstakes offering a golf trip to Scotland. Athletes can enter by purchasing TrackMan simulator rental, club fitting, or a lesson at Golf Galaxy. Winner gets a trip for two to Scotland, rounds of golf, and gift cards.
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DICK'S Sporting Goods partners with J.J. Watt to launch House of Sport, a documentary-style ad showcasing the ultimate sport destination. Watt stars in a humorous ad pitching House of Sport as an athlete's paradise.
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DICK'S Sporting Goods reports 2.8% Fourth Quarter Comparable Store Sales Growth and guides to growth in sales and profitability in 2024. The company delivered a full-year 2023 earnings per diluted share of $12.18 and non-GAAP earnings per diluted share of $12.91. For 2024, they expect full-year comparable store sales growth to be in the range of 1.0% to 2.0% and earnings per diluted share to be in the range of $12.85 to 13.25, with an increased annualized dividend to $4.40 per share.
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DICK'S Sporting Goods launches a new e-commerce ad campaign, Click On DICKS.com, featuring actors Will Arnett and Kathryn Hahn to highlight the convenience of online shopping. The campaign emphasizes the seamless shopping experience and showcases DICK'S as the go-to destination for athletic apparel and sporting goods. The company aims to bridge the gap between its physical stores and online platform by leveraging humor and relatable characters.
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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 $201.63 as of November 21, 2024.
What is the market cap of Dick's Sporting Goods (DKS)?
The market cap of Dick's Sporting Goods (DKS) is approximately 16.0B.
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
15.97B
55.63M
3.72%
93.28%
4.74%
Specialty Retail
Retail-miscellaneous Shopping Goods Stores
United States of America
CORAOPOLIS