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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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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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DICK'S Sporting Goods, Inc. (DKS) will release Q4 and full year 2023 results on March 14th with a conference call at 8:00 a.m. ET. The call will be webcasted and archived for twelve months on the company's website.
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Maxfli announces exclusive golf ball endorsement agreement with professional golfer Lexi Thompson for the 2024 season. Thompson will play and endorse the Maxfli Tour Series golf ball, act as an ambassador and spokesperson for the brand, and participate in product innovation and testing sessions for Maxfli's new Tour Series ball launching in 2025. The Maxfli Tour Series offers faster ball speeds, increased overall distance, low spin off the driver, and optimized iron and wedge spin for superior stopping power and enhanced control. The partnership aims to inspire golfers of all skill levels to choose the best Maxfli ball for their unique playing styles through marketing activations and social platforms.
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CALIA, exclusively sold at DICK'S Sporting Goods, has launched a new national ad campaign for its Inspire collection. The collection features a new fabric technology called LYCRA® ADAPTIV fiber, designed to provide comfort, support, and style for various activities. The campaign includes a new :30 spot titled 'There's Beauty in the Burn' and aims to showcase the elegance and strength of everyday women. The collection includes a range of activewear from leggings to sports bras, available in sizes XXS-XXL in-store and 1X-3X online.
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The DICK'S Sporting Goods Foundation has partnered with the McKeesport Area School District to improve student attendance, engagement, and staff morale. The initiative has led to significant increases in student and staff engagement, the restructuring of the school day, and the creation of a positive culture and climate for all. The partnership also includes the hiring of Learning Relationship Specialists, the implementation of the Ready to Learn initiative, and the introduction of the Midday Block to provide students with playtime and teachers with a break. Additionally, the partnership has resulted in the renovation of the school's playground, the establishment of a Community Resource Center, and ongoing healthcare programming for the entire McKeesport community.
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DICK'S Sporting Goods (DKS) Foundation exceeds goal, giving over 2.1 million kids access to sports. Over $2.5 million distributed in grants to help youth athletes. Positive impact on recipients like Play Like a Girl, Pahokee High School, East Palestine School District, and Rise League.
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DICK'S Sporting Goods (NYSE: DKS) has entered into a multi-year partnership with Notre Dame Global Partnerships to become the Official Sporting Goods Retailer of Notre Dame Athletics. The collaboration aims to enhance the fan experience and foster a deep connection within the Notre Dame community. DICK'S will have extensive exposure and engagement with fans across Notre Dame Athletics' digital platforms, social media channels, and national radio network. Fans will benefit from in-game giveaways, promotions, exclusive hospitality experiences, and sweepstakes. The partnership also includes appearances from Notre Dame coaches, student-athletes, and cheerleaders at the DICK'S store in the South Bend area, offering a newly renovated format with team sports in a one-stop shop, along with an extensive selection of Notre Dame apparel and merchandise. DICK'S and Notre Dame will also partner to support local youth sports activities.
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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 $218.76 as of December 20, 2024.

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

The market cap of Dick's Sporting Goods (DKS) is approximately 17.7B.

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

17.65B
55.71M
3.72%
93.02%
4.74%
Specialty Retail
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