Why Dick's Sporting Goods Stock Skyrocketed to an All-Time High Today

Shares of sporting-goods retailer Dick's Sporting Goods (DKS 15.28%) skyrocketed on Wednesday after it reported what some analysts described as "blowout" financial results for its fiscal 2024 first quarter. As of 12:30 p.m. ET, the stock was up by 16% and had hit a new all-time high. Sales and profits are surprisingly strong It's been a good few years for Dick's Sporting Goods, and investors have been waiting for its results to finally cool off. But it seems that consumers are still looking for sporting goo ...