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Kuehn Law Encourages Investors of Dick's Sporting Goods, Inc. to Contact Law Firm
Prnewswire· 2025-08-15 14:34
Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by officers and directors of Dick's Sporting Goods, Inc. related to misrepresentation of the company's business conditions and prospects [1][2]. Group 1: Allegations of Misrepresentation - Insiders at Dick's Sporting Goods allegedly caused the company to misrepresent or fail to disclose that demand for products in the Outdoor segment was slowing faster than represented, leading to excess inventory [2]. - The "structural changes" promoted by the company, such as differentiated products and improved pricing technology, did not effectively manage excess inventory without negatively impacting profitability [2]. - The need to liquidate excess inventory, particularly in the Outdoor segment, is expected to have a materially negative effect on the company's profitability [2]. - As a result of these issues, statements regarding Dick's Sporting Goods' business condition and future prospects were materially false and misleading [2]. Group 2: Shareholder Action - Shareholders who purchased DKS stock prior to May 25, 2022, are encouraged to contact Kuehn Law, as there may be limited time to enforce their rights [2]. - Kuehn Law offers to cover all case costs and does not charge its investor clients [2].
Johnson Fistel Investigates Claims on Behalf of DICK's Sporting Goods Shareholders as Securities Fraud Class Action Partially Survives Motion to Dismiss
GlobeNewswire News Room· 2025-08-14 23:08
Core Viewpoint - Johnson Fistel, PLLP is investigating potential claims against DICK's Sporting Goods officers and directors for allegedly breaching their fiduciary duties to the company [1] Group 1: Legal Proceedings - On August 12, 2025, the Court partially denied DICK's Sporting Goods' motion to dismiss a securities fraud lawsuit, allowing claims that executives misled investors about inventory levels to proceed [2] - The complaint alleges that during the class period, defendants issued materially false and/or misleading statements regarding the demand for products in the outdoor segment, which was slowing faster than represented, leading to excess inventory [3] - The complaint also states that the "structural changes" touted by defendants did not enable the company to manage excess inventory without negatively impacting profitability [3] Group 2: Shareholder Rights - Shareholders who have continuously owned DICK's Sporting Goods shares since before May 25, 2022, have certain legal rights and can learn more about their options [2][4] - Johnson Fistel encourages shareholders to contact them for information on how to hold the officers and directors accountable for the alleged damages caused to the company [4] Group 3: Company Background - Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, and Colorado, representing individual and institutional investors in shareholder derivative and securities class action lawsuits [5]
Why Dick's Sporting Goods (DKS) Outpaced the Stock Market Today
ZACKS· 2025-08-13 23:01
Company Performance - Dick's Sporting Goods (DKS) closed at $225.97, with a daily increase of +1.69%, outperforming the S&P 500's gain of 0.32% [1] - Prior to the recent trading day, DKS shares had increased by 7.78%, surpassing the Retail-Wholesale sector's gain of 2.39% and the S&P 500's gain of 3.08% [1] Upcoming Earnings - The upcoming earnings report for Dick's Sporting Goods is scheduled for August 28, 2025, with projected earnings per share (EPS) of $4.29, indicating a 1.83% decrease from the same quarter last year [2] - Revenue is expected to reach $3.6 billion, reflecting a 3.57% increase from the equivalent quarter last year [2] Full-Year Estimates - Zacks Consensus Estimates for the full year project earnings of $14.38 per share and revenue of $13.9 billion, representing year-over-year changes of +2.35% and +3.37%, respectively [3] Analyst Estimates - Recent changes to analyst estimates for Dick's Sporting Goods are important as they reflect short-term business trends [4] - Upbeat revisions in estimates indicate a favorable outlook on the company's health and profitability [4] Zacks Rank - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with stocks rated 1 producing an average annual return of +25% since 1988 [6] - Currently, Dick's Sporting Goods holds a Zacks Rank of 3 (Hold) [6] Valuation Metrics - Dick's Sporting Goods is trading at a Forward P/E ratio of 15.45, which is in line with the industry average [7] - The company has a PEG ratio of 3.17, compared to the industry average PEG ratio of 3.05 [8] Industry Context - The Retail - Miscellaneous industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 99, placing it in the top 41% of over 250 industries [9] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [9]
DICK'S Sporting Goods Announces the Launch of Cookie Jar & A Dream Studios, Solidifying the Company's Position in Original Sports Filmmaking
Prnewswire· 2025-08-07 13:02
Core Insights - DICK'S Sporting Goods has launched Cookie Jar & A Dream Studios, an in-house content and production studio focused on storytelling through sports [1][2] - The studio aims to create transformative narratives that highlight the emotional journeys of athletes, emphasizing themes of hope, resilience, and community [2][4] - DICK'S has a history of sports storytelling, having produced award-winning documentaries, including two Sports Emmys in the last decade [3] Company Overview - DICK'S Sporting Goods was founded in 1948 and is headquartered in Pittsburgh, operating over 850 retail locations and various online platforms [6] - The company is committed to supporting youth sports and has donated millions through its Sports Matter program [7] Recent Projects - The announcement of Cookie Jar & A Dream Studios coincides with the premiere of "Big Dreams: The Little League World Series 2024," showcasing the significance of youth sports [4][5] - The studio's name reflects the company's origins, honoring the founder's story of starting with a small investment from his grandmother [5]
DICK'S Sporting Goods Second Quarter Results Call Scheduled for August 28th
Prnewswire· 2025-08-05 12:00
Core Insights - DICK'S Sporting Goods, Inc. will announce its second quarter results for fiscal 2025 on August 28, 2025, before market opening [1] - A conference call to discuss the results will take place on the same day at 10:00 a.m. Eastern Time, accessible via the company's Investor Relations website [2] Company Overview - DICK'S Sporting Goods, founded in 1948 and headquartered in Pittsburgh, operates over 850 stores including DICK'S Sporting Goods, Golf Galaxy, Public Lands, and Going Going Gone! [3] - The company aims to inspire and equip athletes, offering services through its mobile app and various retail formats [3] - DICK'S is committed to supporting youth sports, having donated millions through its Sports Matter program and other initiatives [4]
Dick's Sporting Goods (DKS) Increases Yet Falls Behind Market: What Investors Need to Know
ZACKS· 2025-08-04 23:00
Group 1 - Dick's Sporting Goods (DKS) closed at $209.50, with a +1.32% change from the previous day, underperforming the S&P 500's gain of 1.47% [1] - Over the past month, DKS shares appreciated by 0.26%, outperforming the Retail-Wholesale sector's loss of 1.38% but lagging behind the S&P 500's gain of 0.64% [1] Group 2 - The upcoming earnings release is expected to show an EPS of $4.29, a 1.83% decline compared to the same quarter last year, with anticipated revenue of $3.6 billion, reflecting a 3.57% increase [2] - For the annual period, earnings are projected at $14.38 per share and revenue at $13.9 billion, indicating increases of +2.35% and +3.37% respectively from the previous year [3] Group 3 - Recent adjustments to analyst estimates for DKS are important as they indicate changing business trends, with positive revisions suggesting a favorable business outlook [3] - The Zacks Rank system, which incorporates estimate changes, provides a rating system with DKS currently holding a Zacks Rank of 3 (Hold) [5] Group 4 - DKS is currently traded at a Forward P/E ratio of 14.38, which aligns with the industry average, while the PEG ratio stands at 2.95, matching the average for the Retail - Miscellaneous industry [6] - The Retail - Miscellaneous industry has a Zacks Industry Rank of 163, placing it in the bottom 35% of over 250 industries, indicating potential underperformance compared to higher-ranked industries [7]
3 Retail Stocks Ripe for a Short Squeeze
Schaeffers Investment Research· 2025-08-04 17:55
Group 1 - American Eagle Outfitters Inc (AEO) has experienced a surge in stock price following a controversial denim campaign featuring actress Sydney Sweeney, which has led to increased retail trading activity and volatility [1] - AEO's stock is up 19.9% to $12.88, marking its largest single-day percentage gain since April 2020, while still reflecting a year-to-date deficit of 23.1% [2] - There is significant short interest in AEO, with 11.1% of the stock's available float sold short, indicating lingering pessimism among investors [2] Group 2 - Abercrombie & Fitch Co (ANF) has seen its stock rise 6% to $96.51, but it has declined 30.1% over the past nine months, with 14.2% of its float sold short [3] - Dick's Sporting Goods Inc (DKS) is up 0.4% to $207.49, attempting to recover from a four-day losing streak, but remains down 9.3% in 2025, with 9.1% of its float sold short [4] Group 3 - AEO is experiencing unusual options activity, with 123,000 calls and 31,000 puts traded, which is nine times the typical volume, indicating heightened investor interest [5]
DICK'S Sporting Goods Announces Extension of Expiration Date in Connection with Previously Announced Exchange Offer and Consent Solicitation for Foot Locker's Senior Notes Due 2029
Prnewswire· 2025-08-04 12:00
PITTSBURGH, Aug. 4, 2025 /PRNewswire/ -- DICK'S Sporting Goods, Inc. ("DICK'S") (NYSE: DKS), a leading U.S. based full-line omni-channel sporting goods retailer, today announced the extension of the Expiration Date (as defined below) in connection with the previously announced offer to eligible holders to exchange (the "Exchange Offer") any and all of Foot Locker, Inc.'s ("Foot Locker") 4.000% Senior Notes due 2029 (the "Foot Locker Notes") for (1) up to $400,000,000 aggregate principal amount of new 4.000% ...
Dick's Sporting Goods (DKS) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2025-07-16 23:16
Company Performance - Dick's Sporting Goods (DKS) closed at $201.83, down 2.11% from the previous trading session, underperforming the S&P 500's gain of 0.32% [1] - Over the past month, DKS shares have increased by 17.92%, while the Retail-Wholesale sector and S&P 500 gained 3.84% and 4.51%, respectively [1] Financial Forecast - The upcoming financial results are expected to show an EPS of $4.29, reflecting a 1.83% decrease from the same quarter last year, with revenue forecasted at $3.6 billion, a 3.57% increase year-over-year [2] - For the entire fiscal year, earnings are projected at $14.38 per share and revenue at $13.9 billion, indicating increases of 2.35% and 3.37% from the previous year [3] Analyst Estimates and Rankings - Recent estimate revisions are crucial for understanding near-term business trends, with positive revisions indicating a favorable business outlook [3][4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates DKS at 3 (Hold), with a recent 0.1% downward shift in the EPS estimate [5] Valuation Metrics - DKS has a Forward P/E ratio of 14.34, which is higher than the industry average of 13.26, and a PEG ratio of 2.94 compared to the industry average of 2.87 [6] Industry Context - The Retail - Miscellaneous industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 180, placing it in the bottom 28% of over 250 industries [7]
3 Retail Stocks to Watch as Back-to-School Spending Ramps Up
MarketBeat· 2025-07-14 20:14
Retail Industry Overview - The back-to-school shopping season is the second largest retail season in the U.S., with consumers expected to spend $38.8 billion in 2024, averaging $874.68 per household [1] - This spending is projected to decrease from a record high of $41.5 billion in 2023, yet 71% of parents anticipate spending more this year, with estimates rising to an average of $1,230 per household [2] Walmart Analysis - Walmart Inc. has shown a total return of over 39% in the last year and over 144% in the last five years, demonstrating resilience through economic challenges [3][4] - Despite a slowdown in discretionary spending among low- to middle-income consumers, back-to-school spending remains essential, positioning Walmart as a key destination for budget-conscious shoppers [4] - Walmart's EPS guidance for 2026 is between $2.50 to $2.60, indicating limited growth from the previous year, but analysts project a price target of $106.67, suggesting an 11% potential gain [6] DICK'S Sporting Goods Analysis - DICK'S Sporting Goods is a significant player in the back-to-school market, particularly for sporting equipment, and has enhanced its online presence over the past five years [7][8] - The stock is currently trading near the analyst consensus price of $219, with some analysts projecting targets as high as $240, indicating potential for upside [9] - The upcoming acquisition of Foot Locker is expected to positively impact future guidance, although it will not affect current results [10] Target Analysis - Target Corp. has struggled as one of the worst-performing retail stocks in 2025, with a negative total return of approximately 1.4% over the last five years, despite being a dividend king [12] - A new tariff agreement with Vietnam may provide Target with better sourcing options, allowing the company to mitigate tariff costs without raising prices [13][14] - The potential change in leadership, with CEO Brian Cornell's contract ending, could be a catalyst for improvement, as investors may welcome a new executive perspective [15]