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]

Media Relations: (724) 273-5552 or [email protected] Category: Financial SOURCE DICK'S Sporting Goods, Inc. DICK'S Sporting Goods (NYSE: DKS) creates confidence and excitement by inspiring, supporting and personally equipping all athletes to achieve their dreams. Founded in 1948 and headquartered in Pittsburgh, the leading omni-channel retailer serves athletes and outdoor enthusiasts in more than 850 DICK'S Sporting Goods, Golf Galaxy, Public Lands and Going Going Gone! stores, online, and through the DICK' ...

Core Insights - Big 5 Sporting Goods Corporation reported a net loss of $1.11 per diluted share for Q2 fiscal 2025, wider than the loss of $0.46 per share in the same quarter last year [2] - Net sales decreased by 7.5% to $184.9 million from $199.8 million year-over-year, primarily due to a 6.1% decline in same-store sales [2] - The company incurred a total net loss of $24.5 million, compared to a net loss of $10 million in the prior year [3] Financial Performance - Gross profit fell to $52.2 million from $58.7 million, with gross margin contracting from 29.4% to 28.2% [2] - Adjusted EBITDA for the quarter was negative $14.7 million, worsening from negative $8.7 million a year earlier [3] - Operating loss widened to $23.2 million from $13.5 million in the prior year quarter [4] Cost and Expenses - Selling and administrative expenses remained flat at $75.4 million compared to $72.2 million, indicating insufficient cost controls [4] - Interest expense rose significantly to $1.3 million from $0.1 million in Q2 2024, contributing to the net loss [5] - The company reported $2.8 million in merger-related expenses and a $1.3 million non-cash impairment charge for underperforming stores [5] Balance Sheet and Inventory - Big 5 ended the quarter with $71.4 million in borrowings under its $150 million credit facility and $4.9 million in cash [6] - Merchandise inventories increased to $283.3 million from $260.3 million at the end of 2024 [6] Management Commentary - CEO Steven G. Miller acknowledged the disappointing results, attributing them to macroeconomic and geopolitical headwinds affecting consumer discretionary spending [7] - Management noted the absence of an income tax benefit this quarter, which had previously helped offset losses [8] Strategic Developments - Big 5 entered into a definitive merger agreement on June 30, 2025, with Worldwide Golf and Capitol Hill Group, resulting in an all-cash transaction for all outstanding shares [12] - The merger is expected to lead to Big 5's delisting from Nasdaq in the second half of 2025, transitioning the company into a private entity [12]

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% ...

Net loss for the second quarter of fiscal 2025 was $24.5 million, or $1.11 per basic share, and included $2.8 million, or $0.13 per basic share, of merger transaction-related expenses and $1.3 million, or $0.06 per basic share for a non-cash asset impairment charge for certain underperforming stores. This compares to a net loss of $10.0 million, or $0.46 per basic share, in the second quarter of fiscal 2024. In connection with the valuation allowance related to deferred tax assets established in the third q ...

Core Viewpoint - Monteverde & Associates PC is investigating Foot Locker, Inc. regarding its proposed merger with DICK'S Sporting Goods, Inc., where shareholders will have the option to receive either $24.00 in cash or 0.1168 shares of DICK'S common stock for each share of Foot Locker common stock [1]. Group 1 - The law firm Monteverde & Associates PC has recovered millions for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report [1]. - The shareholder vote regarding the merger is scheduled for August 22, 2025 [1]. - The firm operates from the Empire State Building in New York City [1]. Group 2 - The firm emphasizes that it litigates and has a successful track record in trial and appellate courts, including the U.S. Supreme Court [2]. - The firm offers free consultations for shareholders with concerns about the merger [3]. - Contact information for Juan Monteverde, Esq. is provided for shareholders seeking additional information [3].

Group 1: Foot Locker, Inc. Merger - Foot Locker, Inc. is investigating a proposed merger with DICK'S Sporting Goods, Inc., where shareholders can choose to receive either $24.00 in cash or 0.1168 shares of DICK'S common stock for each share of Foot Locker common stock [1] - The shareholder vote for the merger is scheduled for August 22, 2025 [1] Group 2: Enzo Biochem, Inc. Sale - Enzo Biochem, Inc. is set to be sold to Battery Ventures for $0.70 per share in cash without interest to shareholders [2] - The shareholder vote for this transaction is scheduled for August 19, 2025 [2] Group 3: Hudson Global, Inc. Merger - Hudson Global, Inc. is involved in a merger with Star Equity Holdings, Inc., where Hudson shareholders will own approximately 79% of the combined company post-transaction [2] - The shareholder vote for this merger is scheduled for August 21, 2025 [2] Group 4: Breeze Holdings Acquisition Corp. Merger - Breeze Holdings Acquisition Corp. is proposing a merger with YD Biopharma Limited, where all ordinary shares of Breeze Holdings will convert into the right to receive one ordinary share of the surviving company [3] - The shareholder vote for this merger is scheduled for August 14, 2025 [3]

Company Overview - Big 5, a sporting goods retailer based in the western U.S., has been sold for $112 million [1] - The company sells athletic shoes, apparel, accessories, and outdoor and athletic equipment for various sports and recreational activities [4] Transaction Details - The buyers are a partnership consisting of Worldwide Golf, another retailer in the sporting goods space, and private investment firm Capital Hill Group [2] - The deal is expected to enhance Big 5's ability to serve customers while maximizing value for stockholders, according to Big 5's CEO Steven G. Miller [3] Strategic Implications - The transaction combines Capitol Hill's financial resources with Worldwide Golf's specialty retail expertise, providing Big 5 with the necessary resources to strengthen its market position [3]

Core Insights - DICK'S Sporting Goods Inc. is transforming physical retail through innovative store formats, House of Sport and Field House, aimed at enhancing the athlete experience and driving long-term growth [1][3] Store Formats - The House of Sport format features immersive, community-centric designs with in-store experiences like rock walls and golf simulators, allowing for comprehensive brand storytelling that online competitors cannot match [2][7] - The Field House concept modernizes traditional store layouts into curated environments, enhancing productivity and customer connection [2][7] Financial Performance - DICK'S plans to operate 75 to 100 House of Sport stores in the coming years, supported by strong sales metrics and brand enthusiasm, indicating a strategic use of capital in a competitive retail landscape [3] - The company has opened 2 House of Sport and 4 Field House stores in Q1 of fiscal 2025, with 32 more planned for the year [7] Valuation Metrics - DICK'S shares have gained 16.3% over the past three months, compared to the Zacks Retail - Miscellaneous industry's growth of 28.3% [4] - The company is currently trading at a forward 12-month price-to-earnings (P/E) multiple of 13.93X, which is below the industry's average of 17.94X and the sector's average of 25.15X [5]

Core Insights - DICK'S Sporting Goods is launching "DICK'S Deal Days," a four-day sales event from July 7 to July 10, 2025, aimed at providing significant discounts during the peak summer activity and youth sports season [1][3] Company Overview - DICK'S Sporting Goods, founded in 1948 and headquartered in Pittsburgh, operates over 850 stores and offers a wide range of sporting goods through its online platform and mobile app [4] - The company is committed to supporting youth sports and has donated millions through its Sports Matter program and other community initiatives [5] Sales and Promotions - The event features daily deals across various categories including apparel, footwear, fitness equipment, and team sports, with exclusive offers for ScoreCard loyalty members and mobile app users [2][3] - Notable discounts include up to 50% off select apparel, 60% off fitness equipment, and significant savings on footwear and outdoor essentials [5][10] Shopping Experience - DICK'S offers convenient shopping options including online purchases, in-store or curbside pickup, same-day delivery in select markets, and free shipping for orders over $49 for ScoreCard members [6][10] - The mobile app provides users with first access to select offers and daily deals, enhancing the shopping experience [6]