Why Dick's Sporting Goods Stock Was Surging Today

Shares of Dick's Sporting Goods (DKS 15.48%) were moving higher today after the sporting goods retailer posted better-than-expected results in its fourth-quarter earnings report, as well as raised its dividend by 10%.The update showed that Dick's was continuing to execute during a challenging time for discretionary retailers as well as sporting goods peers like Foot Locker.As of 2:12 p.m. ET, the stock was up 15.6%. Dick's impresses againIn a difficult macro environment, Dick's reported comparable sales gro ...