Dick's Sporting Goods(DKS)
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Dick's Sporting Goods(DKS) - 2021 Q4 - Earnings Call Presentation
2022-03-08 18:46
INVESTOR PRESENTATION | MARCH 2022 EVERY SEASON STARTS AT This investor presentation contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and change based on various important factors, many of which may be beyond the Company's control. The Company's future performance and actual results may differ materially from those expressed or implied in such forwar ...
Dick's Sporting Goods(DKS) - 2021 Q3 - Earnings Call Transcript
2021-11-23 19:41
DICK'S Sporting Goods, Inc. (NYSE:DKS) Q3 2021 Earnings Conference Call November 23, 2021 10:00 AM ET Company Participants Nate Gilch - Senior Director, IR Ed Stack - Executive Chairman and Chief Merchandising Officer Lauren Hobart - President and CEO Navdeep Gupta - CFO Conference Call Participants Simeon Gutman - Morgan Stanley Warren Cheng - Evercore ISI Robbie Ohmes - Bank of America Merrill Lynch Adrienne Yih - Barclays John Kernan - Cowen Michael Baker - D.A. Davidson Christopher Horvers - JP Morgan P ...
Dick's Sporting Goods(DKS) - 2022 Q3 - Quarterly Report
2021-11-22 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended October 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File No. 001-31463 DICK'S SPORTING GOODS, INC. (Exact name of registrant as specified in its charter) Delaware 16-1241537 (State or O ...
Dick's Sporting Goods(DKS) - 2021 Q2 - Earnings Call Transcript
2021-08-25 20:05
Financial Data and Key Metrics Changes - The company reported record quarterly sales of approximately $3.27 billion, a 20.7% increase compared to the same period last year [16] - Consolidated same-store sales increased by 19.2%, building on a 20.7% increase in the same period last year [16] - Non-GAAP earnings per diluted share reached $5.08, representing a 58% increase year-over-year and a 303% increase compared to Q2 2019 [19] Business Line Data and Key Metrics Changes - Strong growth was observed across all three primary categories: hardlines, apparel, and footwear, with double-digit sales growth [8] - Brick-and-mortar stores comped up nearly 40% versus last year and delivered a 36% sales increase compared to 2019 [9] - E-commerce sales increased by 111% compared to 2019, although there was a 28% decline versus last year due to a high base effect [10][16] Market Data and Key Metrics Changes - The company successfully retained 8.5 million new athletes acquired last year and added 2 million new athletes during the quarter [8] - The online business grew from 12% of total net sales in 2019 to 18% in the current quarter [16] - The golf business, particularly through Golf Galaxy, has seen significant growth, with plans to expand TrackMan technology to all stores [12] Company Strategy and Development Direction - The company is focused on transforming the athlete experience and investing in new concepts like DICK'S House of Sport and Public Lands [6][13] - A commitment to enhancing the omnichannel experience is evident, with over 90% of total sales enabled by stores [9] - The company plans to continue investing in technology, infrastructure, and team development to support future growth [5] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the sales and earnings trajectory, raising full-year sales and earnings guidance for the second time this year [13][23] - The company acknowledged potential challenges from global supply chain disruptions but remains optimistic about consumer demand [23][38] - Management highlighted a fundamental shift in consumer behavior towards health and fitness, which is expected to sustain demand [26] Other Important Information - The company announced a special dividend of $5.50 per share and increased its quarterly dividend by 21% [7][22] - A transition in the CFO role was noted, with Navdeep Gupta appointed as the new CFO effective October 1st [15] Q&A Session All Questions and Answers Question: Does the industry continue to grow and compound at new order levels? - Management indicated that consumer demand for sporting goods remains strong, with categories significantly higher than pre-pandemic levels [30] Question: Are you seeing traffic to the business accelerate? - Yes, traffic is accelerating significantly, along with an increase in average unit retail (AUR) [32] Question: Can you talk about e-commerce profitability? - E-commerce profitability is now in line with the company average, with ongoing improvements expected [33] Question: What is the outlook for back-to-school sales? - The entire business is trending strong, with both team sports and back-to-school contributing positively [34] Question: What insights do you have about new customers? - The retention rate of new athletes remains strong, and the company is actively engaging them through personalized marketing [37] Question: How do you feel about product availability for the holiday season? - The company is confident in having products available for the holiday season, despite ongoing supply chain challenges [38] Question: Can you provide additional color on the back half of the year? - Guidance for the back half of the year has been raised significantly, with expectations for low single to mid-digit negative comps [41] Question: How much of the sales performance is attributed to market share versus overall market growth? - The company believes it is taking market share, particularly in apparel, footwear, and team sports [58]
Dick's Sporting Goods(DKS) - 2022 Q2 - Quarterly Report
2021-08-24 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended July 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File No. 001-31463 DICK'S SPORTING GOODS, INC. (Exact name of registrant as specified in its charter) Delaware 16-1241537 (State or Othe ...
Dick's Sporting Goods(DKS) - 2021 Q1 - Earnings Call Transcript
2021-05-26 20:16
DICK'S Sporting Goods, Inc. (NYSE:DKS) Q1 2021 Earnings Conference Call May 26, 2021 10:00 AM ET Company Participants Nate Gilch - Senior Director, Investor Relations Edward Stack - Executive Chairman and Chief Merchandising Officer Lauren Hobart - President and Chief Executive Officer Lee Belitsky - Executive Vice President and Chief Financial Officer Conference Call Participants Robby Ohmes - Bank of America Adrienne Yih - Barclays Simeon Gutman - Morgan Stanley Paul Lejuez - Citigroup Michael Lasser - UB ...
Dick's Sporting Goods(DKS) - 2022 Q1 - Quarterly Report
2021-05-25 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended May 1, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File No. 001-31463 DICK'S SPORTING GOODS, INC. (Exact name of registrant as specified in its charter) Delaware 16-1241537 (State or Other ...
Dick's Sporting Goods(DKS) - 2021 Q4 - Annual Report
2021-03-23 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission File No. 001-31463 DICK'S SPORTING GOODS, INC. (Exact name of registrant as specified in its charter) Delaware 16-1241537 (State or other jurisdiction ...
Dick's Sporting Goods(DKS) - 2020 Q4 - Earnings Call Transcript
2021-03-09 19:45
DICK'S Sporting Goods, Inc. (NYSE:DKS) Q4 2020 Earnings Conference Call March 9, 2021 10:00 AM ET Company Participants Nate Gilch - Senior Director of IR Ed Stack - Executive Chairman and Chief Merchandising Officer Lauren Hobart - President and CEO Lee Belitsky - CFO Conference Call Participants Simeon Gutman - Morgan Stanley Adrienne Yih - Barclays Kate McShane - Goldman Sachs Mike Baker - D.A. Davidson Christopher Horvers - JPMorgan Seth Sigman - Crédit Suisse Mike Schwartz - UBS Chuck Grom - Gordon Hask ...
Dick's Sporting Goods(DKS) - 2021 Q3 - Quarterly Report
2020-11-25 16:52
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended October 31, 2020 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File No. 001-31463 DICK'S SPORTING GOODS, INC. (Exact name of registrant as specified in its charter) Delaware 16-1241537 (State or Ot ...