Dick's Sporting Goods(DKS)

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Dick's Sporting Goods (DKS) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2025-10-09 23:16
Company Performance - Dick's Sporting Goods (DKS) stock decreased by 1.46% to $223.82, underperforming the S&P 500's loss of 0.28% on the same day [1] - Over the past month, DKS stock has increased by 0.03%, outperforming the Retail-Wholesale sector's decline of 3.47% but lagging behind the S&P 500's gain of 4.03% [1] Earnings Forecast - Analysts predict DKS will report an EPS of $2.71, reflecting a 1.45% decline compared to the same quarter last year [2] - Revenue is expected to reach $3.17 billion, indicating a growth of 3.82% year-over-year [2] Full Year Projections - For the full year, earnings are projected at $14.39 per share and revenue at $13.97 billion, representing increases of 2.42% and 3.89% respectively from the previous year [3] Analyst Estimates - Recent modifications to analyst estimates for DKS are crucial as they reflect near-term business trends, with positive revisions indicating a favorable outlook on business health and profitability [4] Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates DKS at 3 (Hold) [6] - The Zacks Consensus EPS estimate has increased by 0.06% in the past month [6] Valuation Metrics - DKS is currently trading at a Forward P/E ratio of 15.78, which is higher than the industry average of 15.22 [7] - The company has a PEG ratio of 3.25, compared to the Retail - Miscellaneous industry average PEG ratio of 2.51 [7] Industry Context - The Retail - Miscellaneous industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 32, placing it in the top 13% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
DICK'S Sporting Goods: Multiple Growth Catalysts To Drive Accelerated Earnings Growth
Seeking Alpha· 2025-09-30 10:38
I gave a buy rating to DICK'S Sporting Goods (NYSE: DKS ) in June as the business continues to see strong comparable sales growth, and with the Foot Locker acquisition, the growth outlook got even brighter. WithI'm a passionate investor with a strong foundation in fundamental analysis and a keen eye for identifying undervalued companies with long-term growth potential. My investment approach is a blend of value investing principles and a focus on long-term growth. I believe in buying quality companies at a ...
Dick's Stock Just Got a Bullish Call from Goldman Sachs. Here's Why.
Investopedia· 2025-09-25 19:35
Core Insights - Dick's Sporting Goods has successfully completed the acquisition of Foot Locker for $2.4 billion, which has garnered positive reactions from Goldman Sachs [1][8] - The merger is expected to enhance vendor relationships and differentiate Dick's from its competitors due to the strong sporting goods industry backdrop and the scale of the combined company [2][8] Company Performance - Goldman Sachs has reiterated a "buy" rating on Dick's Sporting Goods, setting a price target of $274, which represents a roughly 20% premium to recent prices [4][8] - Following a decline to a one-year low in May, shares of Dick's Sporting Goods have shown gradual recovery and remain relatively unchanged for the year [5] Market Context - The acquisition is seen as a strategic move that could improve Foot Locker's top line through better brand management and enhanced service levels, particularly in light of Nike's shift to focus on wholesale partners [5]
DICK'S Sporting Goods' 5% Comp Growth: What's Fueling It?
ZACKS· 2025-09-19 17:06
Core Insights - DICK'S Sporting Goods, Inc. (DKS) reported a strong second quarter in fiscal 2025, with comparable store sales increasing by 5% year over year, building on previous increases of 4.5% and 2% in prior years, indicating sustained growth momentum [1][8] - The company's omnichannel strategy is a key growth driver, with e-commerce outpacing overall company growth, and a strong in-store experience contributing to quarterly sales of $3.65 billion, a nearly 5% increase year over year [2][8] - Strategic real estate investments are paying off, with new store formats like House of Sport and Field House set to expand, enhancing customer engagement and spending [3][8] - Product innovation and partnerships are driving demand, with vertical brands achieving margins 700-900 basis points higher than national labels, leading to an increase in full-year comp guidance to 2%-3.5% [4][8] Financial Performance - DKS shares have increased by 30.9% over the past three months, outperforming the industry and broader Retail-Wholesale sector, which rose by 16.9% and 11.2%, respectively [5] - The company’s forward 12-month P/E ratio stands at 15.17X, which is higher than the industry average of 18.65X and the sector average of 25.51X, indicating a premium valuation relative to peers [9]
Retail Sales Gain Steam in August: 4 ETF Areas to Win
ZACKS· 2025-09-17 13:15
Core Insights - U.S. retail sales increased by 0.6% in August 2025, matching the revised growth from July and exceeding expectations of 0.2% [1] - Sales excluding certain categories rose by 0.7%, surpassing the anticipated 0.4% [1] Winning Areas - **Online Retailers**: Nonstore retailers experienced a 2% sequential increase and a 10.1% year-over-year gain [3] - ProShares Online Retail ETF (ONLN) tracks online retailers and charges 58 bps in fees [3] - Amazon.com (AMZN) is a major player in e-commerce with a Zacks Rank 3 (Hold) [4] - **Clothing Stores**: Sales rose by 1% sequentially and 8.3% year over year in August 2025 [5] - SPDR S&P Retail ETF (XRT) provides exposure to U.S. retail stocks, with apparel retail comprising about 21% of the fund and a fee of 35 bps [5] - Genesco (GCO) is a specialty retail company with a Zacks Rank 1 (Strong Buy) [5] - **Sporting Goods, Hobby, Musical Instrument, & Books**: This segment saw a 0.8% sequential gain and a 4.7% year-over-year increase [6] - Consumer Discretionary Select Sector SPDR ETF (XLY) and VanEck Retail ETF (RTH) are suitable for investment in this sector [6] - DICK'S Sporting Goods (DKS) operates as a sporting goods retailer with a Zacks Rank 3 [7] - **Food Services & Drinking Places**: Sales increased by 0.7% sequentially and 6.5% year over year [8] - AdvisorShares Restaurant ETF (EATZ) invests primarily in restaurant-related companies and charges 99 bps in fees [8] - BJ's Restaurants (BJRI) operates high-end casual dining restaurants and holds a Zacks Rank 1 [9]
Shuffle Board: Dick Exec Heads Foot Locker, Depop Exec Returns to Etsy
Yahoo Finance· 2025-09-12 20:30
Brands - Ethical luxury label Stella McCartney has appointed Tom Mendenhall as CEO, who has extensive experience in the fashion industry, including roles at Ralph Lauren and Tom Ford [1] Retail - Asos has named Ben Blake as executive vice president, customer and commercial, a newly-created role where he will oversee global commercial and trading, reporting directly to José Antonio Ramos [2] - Blake has a strong background in digital and consumer brands, having previously served as chief commercial officer at World of Books and held senior roles at Expedia Group [2] Sporting Goods - Dick's Sporting Goods has updated its leadership structure following its acquisition of Foot Locker, with Ed Stack as executive chairman overseeing global Foot Locker businesses [4] - Ann Freeman, a former Nike executive, has been appointed as president of Foot Locker North America, while the appointment of a president for international operations is forthcoming [4] - Peter Scaturro has been named senior vice president and chief financial officer for Foot Locker North America, previously serving as SVP of strategic planning and growth at the company [5]
The Weekly Closeout: Walmart to launch in South Africa and Mary Dillon exits Foot Locker
Yahoo Finance· 2025-09-12 10:48
Group 1: Foot Locker Executive Changes - CEO Mary Dillon, President Frank Bracken, and other executives departed Foot Locker following the completion of its deal with Dick's Sporting Goods [2] - Chief Financial Officer Mike Baughn, Chief Operations Officer Elliott Rodgers, and Chief Human Resources Officer Cindy Carlisle also left the company [3] - Dick's Sporting Goods appointed new leaders for Foot Locker's North America business, including Peter Scaturro as CFO [3][4] Group 2: Leadership Structure Post-Acquisition - Foot Locker will now be overseen by Dick's Executive Chairman Ed Stack and two presidents, one for international and one for North America [4] - Ann Freeman, a 26-year Nike veteran, will lead the North American operations [4] Group 3: Best Buy Board Appointment - Lululemon CFO Meghan Frank has joined Best Buy's board of directors, bringing over 20 years of industry experience [4][5] - Best Buy CEO Corie Barry highlighted Frank's leadership experience as a valuable addition to the board [5] Group 4: Walmart Expansion - Walmart announced plans to open its first branded stores in South Africa this year, with official opening dates to be revealed in October [5][6] - Massmart president and CEO Miles Van Rensburg expressed excitement about introducing the Walmart brand to South Africa [6]
Dick's Bets On Foot Locker To Kick Start Global Growth Across Brands
Forbes· 2025-09-09 23:20
Core Viewpoint - Dick's Sporting Goods has acquired Foot Locker for $2.4 billion, creating a significant retail entity with over 3,200 stores across 20 countries, aiming to revitalize Foot Locker's struggling business and expand Dick's market presence [2][3]. Group 1: Acquisition Details - The acquisition finalizes a strategic move to combine Dick's established retail operations with Foot Locker's brand recognition in sneaker culture, particularly in basketball [3]. - Foot Locker will continue to operate as a standalone entity under Dick's, maintaining its various brands, including Foot Locker and Champs Sports [6]. - Dick's has committed to achieving at least $100 million in cost savings through improved procurement and sourcing efficiencies, with expectations for the deal to become earnings-accretive by 2026 [7]. Group 2: Market Context - Foot Locker has faced increasing competition from brands like Nike and emerging companies such as On and Gymshark, leading to thinner margins and excess inventory [4][5]. - The acquisition is seen as a way for Dick's to leverage its successful omnichannel strategy and data utilization to enhance Foot Locker's inventory management and e-commerce capabilities [8][9]. - The merger provides Dick's with a global platform to expand its retail concepts internationally, while also strengthening Foot Locker's presence outside the U.S. [10]. Group 3: Competitive Landscape - The activewear market has seen significant shifts, with Lululemon experiencing a decline in performance, which may open opportunities for new brands and increase pressure on established players like Foot Locker [11][12]. - Dick's investment in experiential retail through House of Sport stores complements Foot Locker's efforts to create immersive shopping experiences, positioning both companies to better compete in the evolving market [13].
DICK'S Sporting Goods, Foot Locker combination a 'category killer' in athletics (DKS:NYSE)
Seeking Alpha· 2025-09-09 18:08
Group 1 - The merger of DICK'S Sporting Goods and Foot Locker is complete, creating a significant player in the athletic footwear and apparel market [2] - Citi Research views the merger as a "powerful force," positioning DICK'S as a "category killer" in the industry [2] - DICK'S is projected to achieve sales of $22 billion following the merger [2]