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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 and Nike announced their third annual It's Her Shot campaign, a six-city tour aimed at creating a space for girls to find joy in play. The tour will feature WNBA Legend Sheryl Swoopes and other notable basketball figures, and will include pick-up games, pro-led practice drills, courtside chats, product giveaways, and sports bra fittings. The DICK'S Foundation will provide $120,000 in grant funding to help create safe spaces for girls to play basketball year-round. The events are free to attend and open to athletes between 8-18 years old.
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DICK'S Sporting Goods has partnered with Figure Skating in Harlem, awarding a $75,000 grant through the 75for75 Sports Matter Grant Program. This initiative supports under-resourced youth sports programs in honor of the company's 75th anniversary. The grant aims to foster academic excellence and personal development among young girls in Harlem, emphasizing leadership and self-confidence. The program requires participants to maintain a B average in school while engaging in skating and tutoring activities. The collaboration highlights the impact of community support in providing opportunities for youth, enabling them to thrive both academically and athletically.

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DICK'S Sporting Goods (NYSE: DKS) has announced a multi-year partnership with the Boston Athletic Association (B.A.A.), becoming the official retail sponsor of B.A.A. events, including the Boston Marathon starting in 2023. This partnership features DICK'S as the presenting sponsor of the Boston Marathon Fan Fest, a three-day event leading up to the marathon. To celebrate the 127th Boston Marathon, DICK'S unveiled a large banner on Boylston Street highlighting the store's future opening in Spring 2024 at the Prudential Center. This new store will span over 100,000 square feet, offering extensive sporting goods, outdoor gear, and engaging in-store experiences. Additionally, DICK'S and the B.A.A. plan to promote community engagement throughout the year.

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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.

Dick's Sporting Goods, Inc.

NYSE:DKS

DKS Rankings

DKS Stock Data

17.04B
55.63M
3.72%
93.28%
4.74%
Specialty Retail
Retail-miscellaneous Shopping Goods Stores
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