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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.

News

DICK'S Sporting Goods Reports Second Quarter Results

Rhea-AI Summary
DICK'S Sporting Goods reports 3.6% net sales growth and double-digit EBT margin of 10.1% in Q2. Comparable store sales grew by 1.8% driven by increased transactions and market share gains. Full-year 2023 comparable store sales outlook remains flat to positive 2.0%. Reported earnings per diluted share of $2.82 compared to $3.25 in the prior year quarter. Revises full year 2023 earnings per diluted share outlook. Announces business optimization to align talent and streamline cost structure.
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DICK'S Sporting Goods Holds Grand Openings for Nine New 'DICK'S House of Sport' Stores

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DICK'S Sporting Goods expands House of Sport brand with nine new locations, plans to open 75-100 more stores by 2027.
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From Concept to Creation: DICK'S Sporting Goods 2023 Hackathon Leads to Innovation and Excellence

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DICK'S Sporting Goods held its fourth annual Hackathon, where 100 participants worked for 24 hours to develop 16 innovative ideas. The event aimed to transform the company's products and technology.
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DICK'S Sporting Goods Second Quarter Results Call Scheduled for August 22nd

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DICK'S Sporting Goods, Inc. (NYSE: DKS) will announce Q2 fiscal 2023 results on August 22nd. The conference call to discuss the results will be held at 10:00 a.m. ET and can be accessed at investors.dicks.com. The call will be archived on the company's website for twelve months.
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DICK'S Teammate Uses Deafness To Create Connections for Athletes Around Country

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Changing Lives Through the Power of Dance: A Step Beyond Receives 75FOR75 Sports Matter Grant

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DICK'S Sporting Goods: A Step Beyond Receives $75,000 Grant from 75for75 Sports Matter Program. A Step Beyond, a dance education program, received a $75,000 grant from DICK'S Sporting Goods as part of the 75for75 Sports Matter Grant Program. The grant will enable the program to expand its impact and support services for under-resourced youth in the greater Escondido area.
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Coach’s Prayer Pays Off: Columbus Ice Receives 75FOR75 Sports Matter Grant

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DICK'S Sporting Goods Partners with Nike, Jordan Brand and Athletes For Next Phase of "Sports Change Lives" Campaign

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DICK'S Sporting Goods Partners with Nike, Jordan Brand and Athletes For Next Phase of "Sports Change Lives" Campaign

Rhea-AI Summary
DICK'S Sporting Goods partners with Nike for their 'Sports Change Lives' campaign, featuring personal stories from 10 Nike and Jordan Brand athletes. Each athlete will nominate a youth sports organization for a $75,000 '75for75' Sports Matter Grant. Exclusive behind-the-scenes content is available to connected DICK'S Scorecard and Nike Membership accounts.
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Building Confidence on the Field, With the Field

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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 $210.16 as of November 22, 2024.

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

The market cap of Dick's Sporting Goods (DKS) is approximately 17.0B.

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.

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Dick's Sporting Goods, Inc.

NYSE:DKS

DKS Rankings

#624 Ranked by Market Cap
#1327 Ranked by Dividends

DKS Stock Data

17.04B
55.63M
3.72%
93.28%
4.74%
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