Core Insights - Dick's Sporting Goods reported strong Q4 2024 results, with adjusted EPS of $3.62 and revenue of $3.89 billion, surpassing analyst expectations [1][2][6] - However, the company's guidance for 2025 was considered underwhelming, raising concerns among investors [2][10] Financial Performance - Adjusted EPS for Q4 2024 was $3.62, exceeding the estimated $3.52, but down 6% from Q4 2023's $3.85 [3] - Revenue reached $3.89 billion, surpassing the anticipated $3.78 billion and reflecting a year-over-year growth of 4.9% [3][6] - Comparable sales growth was reported at 6.4%, a significant increase from the previous year's 2.9% [3][6] - Adjusted net income for the quarter was $300 million, a decrease of 6.3% from $320 million in Q4 2023 [3][6] Business Strategy - The company operates over 700 stores and employs an omnichannel retail strategy, fulfilling 80% of online sales through physical locations [4] - Dick's is focusing on experiential retail, with the introduction of House of Sport locations and exclusive partnerships with brands like Nike and Adidas [4][7] - Proprietary brands account for 13% of net sales, and the ScoreCard Rewards loyalty program has over 25 million active members, contributing to over 70% of sales [5] Inventory and Capital Expenditures - Inventory levels increased by 18%, indicating potential overstocking risks, while net capital expenditures rose by 40% [8] - The company is strategically repositioning its real estate and plans to open new stores in underserved markets [9] Future Outlook - For 2025, management projects comparable sales growth of 1% to 3% and EPS in the range of $13.80 to $14.40, which is below analyst expectations [10] - Plans include opening 16 new House of Sport locations and 18 Dick's Field House locations, reflecting confidence in the experiential retail concept [10][11]

Dick's Sporting Goods on Tuesday said it's expecting 2025 profits to be far lower than Wall Street anticipated, making it the latest retailer to forecast a rocky year ahead as consumers contend with tariffs, inflation and fears around a potential recession. In an interview with CNBC, executive chairman Ed Stack said the company's exposure to China, Mexico and Canada for sourcing is very small, but it recognizes that falling consumer confidence could impact spending."I do think it's just a bit of an uncertai ...

FOR IMMEDIATE RELEASE DICK'S Sporting Goods Reports Fourth Quarter and Full Year 2024 Results; Delivers Largest Sales Quarter in Company History – Delivers 6.4% Fourth Quarter Comparable Sales Growth – – Expects Continued Growth in Comparable Sales in 2025 – "The convergence of sport and culture in our country has never been stronger, and with a series of major sporting events set to take place in the U.S., this momentum is only expected to grow through 2030 and beyond. As a company rooted in sport, DICK'S ...

DICK’S Sporting Goods, Inc. DKS will release its fourth-quarter financial results, before the opening bell, on Tuesday, March 11.Analysts expect the Coraopolis, Pennsylvania-based company to report quarterly earnings at $3.51 per share, down from $3.85 per share in the year-ago period. Dick’s Sporting Goods projects quarterly revenue of $3.77 billion, compared to $3.88 billion a year earlier, according to data from Benzinga Pro.On Jan. 30, DICK’S Sporting Goods was named official sporting goods retailer of ...

Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on Dick's Sporting Goods (DKS), and highlights the potential misalignment of interests between brokerage analysts and retail investors [1][4]. Group 1: Brokerage Recommendations - Dick's Sporting Goods has an average brokerage recommendation (ABR) of 1.88, indicating a position between Strong Buy and Buy, based on recommendations from 21 brokerage firms [2]. - Out of the 21 recommendations, 11 are classified as Strong Buy, accounting for 52.4%, while one is classified as Buy, making up 4.8% of the total recommendations [2]. Group 2: Limitations of Brokerage Recommendations - Relying solely on brokerage recommendations for investment decisions may not be advisable, as studies suggest these recommendations often do not effectively guide investors towards stocks with the highest potential for price appreciation [4]. - Brokerage firms tend to exhibit a strong positive bias in their ratings due to vested interests, leading to a disproportionate number of favorable ratings compared to negative ones [5][9]. Group 3: Zacks Rank as an Alternative - The Zacks Rank, a proprietary stock rating tool, categorizes stocks from Zacks Rank 1 (Strong Buy) to Zacks Rank 5 (Strong Sell) and is considered an effective indicator of a stock's near-term price performance [7]. - The Zacks Rank is based on earnings estimate revisions, which are strongly correlated with stock price movements, providing a more timely and accurate reflection of a stock's potential [10][11]. Group 4: Current Outlook for Dick's Sporting Goods - The Zacks Consensus Estimate for Dick's Sporting Goods has increased by 0.3% over the past month to $13.90, indicating growing optimism among analysts regarding the company's earnings prospects [12]. - The recent change in the consensus estimate, along with other factors, has resulted in a Zacks Rank 2 (Buy) for Dick's, suggesting that the Buy-equivalent ABR may serve as a useful guide for investors [13].

Core Insights - DICK'S Sporting Goods Inc. is expected to report a decline in both sales and earnings for the fourth quarter of fiscal 2024, with revenue estimates at $3.75 billion, reflecting a 3.3% decrease year-over-year [1][2] - The consensus estimate for earnings per share (EPS) is $3.47, indicating a 9.9% decline from the previous year [2] - Despite anticipated declines, the company has a positive Earnings ESP of +0.11% and a Zacks Rank of 2 (Buy), suggesting a potential earnings beat [3] Financial Performance Expectations - The company is projected to experience strong comparable store sales and transaction growth, which are expected to positively impact quarterly performance [4] - DICK'S has raised its full-year outlook, forecasting comparable sales growth of 3.6-4.2% and consolidated net sales between $13.2 billion and $13.3 billion for fiscal 2024 [6][7] - Adjusted EPS is anticipated to be between $13.65 and $13.95, compared to $12.91 in fiscal 2023 [7] Strategic Initiatives - DICK'S is focusing on four strategic pillars: an omnichannel athlete experience, a differentiated product assortment, deep engagement with the brand, and knowledgeable staff [5] - The company is investing in innovative concepts like House of Sport and DICK'S Field House, which are expected to enhance its market position [6] Cost and Margin Considerations - The company is facing increased costs due to higher wage rates and investments in talent, technology, and marketing, which may impact the upcoming quarter's results [8] - Management anticipates a modest increase in adjusted SG&A expenses year-over-year, alongside pre-opening expenses that are expected to be higher due to new store openings [9] Valuation Metrics - DICK'S Sporting has a forward 12-month price-to-earnings ratio of 14.41X, which is below its five-year high of 24.78X and the industry average of 16.56X [11] - The company's shares have increased by 18.5% over the past year, contrasting with a 9.1% decline in the industry [11]

Core Viewpoint - Analysts expect Dick's Sporting Goods (DKS) to report quarterly earnings of $3.47 per share, reflecting a year-over-year decline of 9.9%, with revenues projected at $3.75 billion, down 3.3% from the previous year [1] Earnings Projections - Changes in earnings projections are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate trends and short-term stock price movements [2] Key Metrics Analysis - Analysts predict the 'Number of stores - Total (EOP)' will reach 867, up from 853 a year ago [4] - The consensus estimate for 'Total Square Footage' is 43.69 million square feet, compared to 42.7 million square feet in the same quarter last year [4] - The 'Number of stores - Dick's Sporting Goods' is estimated to be 728, slightly up from 724 a year ago [4] - The average prediction for 'Number of stores - Golf Galaxy/Specialty Concept Store' is 138, compared to 131 last year [5] Stock Performance - Dick's shares have returned -9.6% over the past month, while the Zacks S&P 500 composite has changed by -4.1%, indicating underperformance [5] - With a Zacks Rank 2 (Buy), DKS is expected to outperform the overall market in the near future [5]

Core Viewpoint - Dick's Sporting Goods (DKS) is anticipated to report a year-over-year decline in earnings due to lower revenues for the quarter ended January 2025, with a consensus outlook indicating potential impacts on its near-term stock price [1][2]. Earnings Expectations - The upcoming earnings report is expected to show quarterly earnings of $3.47 per share, reflecting a year-over-year decrease of 9.9%, while revenues are projected to be $3.75 billion, down 3.3% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that analysts have not significantly reassessed their initial estimates during this period [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Dick's is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +0.11%, indicating a bullish outlook from analysts [10]. Historical Performance - Dick's has a history of beating consensus EPS estimates, having done so in the last four quarters, including a surprise of +2.61% in the most recent quarter where actual earnings were $2.75 per share compared to an expected $2.68 [12][13]. Zacks Rank - The stock currently holds a Zacks Rank of 2 (Buy), which, combined with the positive Earnings ESP, suggests a high likelihood of beating the consensus EPS estimate in the upcoming report [11].

Core Viewpoint - Kaskela Law LLC is investigating DICK'S Sporting Goods, Inc. on behalf of long-term shareholders due to a securities fraud complaint alleging misleading statements regarding the company's financial performance and inventory issues [1][2]. Summary by Sections Investigation Details - The investigation focuses on whether DICK'S board of directors violated securities laws or breached fiduciary duties related to the alleged misconduct [4]. Securities Fraud Complaint - A securities fraud complaint was filed for investors who purchased DICK'S shares between August 23, 2022, and August 21, 2023, claiming that the company and its executives made materially false statements about profitability growth, merchandise margins, demand, inventory levels, and the impact of retail theft on inventory shrinkage [2][3]. Impact on Stock Price - On August 22, 2023, DICK'S disclosed continued margin declines and disappointing profitability results, leading to a stock price drop of $35.51 per share, or over 24%, closing at $111.53 per share [3]. Shareholder Communication - DICK'S shareholders who acquired shares before August 21, 2023, are encouraged to contact Kaskela Law LLC for information regarding the investigation and their legal rights [5].

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against DICK'S Sporting Goods, Inc. due to a class action lawsuit alleging breaches of fiduciary duties by the company's board of directors [1] Group 1: Class Action Allegations - The class action lawsuit claims that DICK'S Sporting Goods made false or misleading statements regarding the demand for products in its Outdoor segment, which was slowing faster than represented, leading to excess inventory [2] - It is alleged that the "structural changes" promoted by the company, such as differentiated products and improved pricing technology, failed to 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] Group 2: Analyst Reports and Stock Performance - On May 19, 2023, TD Cowen and Telsey Advisory Group downgraded their sales and earnings per share estimates for DICK'S Sporting Goods, resulting in a nearly 7% drop in the stock price [3] - Following the announcement on August 22, 2023, that the company's second-quarter profitability was significantly lower than expected, DICK'S Sporting Goods reported a net income of $244 million, which was below the analyst consensus estimate of $338 million [4] - The company's earnings per share were reported at $2.82, compared to the consensus estimate of $3.81, and the gross margin was 34.4%, below the expected 36.3% [4] - The stock price fell more than 24% after the announcement of lowered profitability guidance for the remainder of fiscal year 2023 [4]