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Dick's Sporting Goods: Buy Rating As Margin Expansion And Synergies Lead Growth
Seeking Alpha· 2025-06-26 13:21
We initiate on DICK'S Sporting Goods, Inc. (NYSE: NYSE: DKS ) with a Buy & PT of $209. DICK'S is the top omni-channel sporting goods equipment, apparel, and footwear retailer in the eastern U.S. across a diversified portfolio ofMoretus Research delivers state-of-the-art, buy-side quality equity research for serious investors seeking clarity, conviction, and alpha. Focused on U.S. public markets, Moretus applies a structured, repeatable framework to identify companies with durable business models, mispriced ...
Sportsman's Warehouse Is Finally Turning Around
Seeking Alpha· 2025-06-11 16:40
Sportsman’s Warehouse Holdings Inc. (NASDAQ: SPWH ) has seen a strong stock recovery in the past couple of months. The outdoor sporting goods retailer finally returned to positive same-store sales growth in the most recent report after severe weakness in the pastI am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securi ...
Academy Sports + Outdoors Reports First Quarter Fiscal 2025 Results
Globenewswire· 2025-06-10 12:00
First Quarter Sales Decline (0.9)%; Comparable Sales Declined (3.7)% eCommerce Sales Increase 10.2%; New Stores Continue to Comp Positive Low Single Digits First Quarter Diluted GAAP EPS of $0.68; Returned $108M to Shareholders through Share Buy Backs and Dividends Opened Five New Stores in Pennsylvania, Maryland, Missouri and North Carolina Company Revises Guidance to Account For Multiple Tariff Scenarios While Maintaining High End KATY, Texas, June 10, 2025 (GLOBE NEWSWIRE) -- Academy Sports and Outdoors, ...
Dick's Sporting Goods(DKS) - 2026 Q1 - Earnings Call Transcript
2025-05-28 13:02
DICK’S Sporting Goods (DKS) Q1 2026 Earnings Call May 28, 2025 08:00 AM ET Company Participants Nate Gilch - Senior Director, IREdward Stack - Executive ChairmanLauren Hobart - President and CEONavdeep Gupta - Executive VP & CFOSimeon Gutman - Managing DirectorKate McShane - Managing DirectorJoseph Feldman - Senior MD & Assistant Director - ResearchJohn Kernan - Managing DirectorPaul Lejuez - Managing DirectorJonathan Matuszewski - Senior Vice President Conference Call Participants Brian Nagel - MD & Senior ...
Dick's Sporting Goods(DKS) - 2026 Q1 - Earnings Call Transcript
2025-05-28 13:00
DICK’S Sporting Goods (DKS) Q1 2026 Earnings Call May 28, 2025 08:00 AM ET Speaker0 Ladies and gentlemen, thank you for standing by. My name is Krista, and I will be your conference operator today. At this time, I would like to welcome everyone to the DICK'S Sporting Goods First Quarter twenty twenty five Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. Thank you. And I would now like to tu ...
Seeking Clues to Dick's (DKS) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
ZACKS· 2025-05-23 14:21
Analysts on Wall Street project that Dick's Sporting Goods (DKS) will announce quarterly earnings of $3.34 per share in its forthcoming report, representing an increase of 1.2% year over year. Revenues are projected to reach $3.12 billion, increasing 3.4% from the same quarter last year.The current level reflects an upward revision of 0.5% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial pro ...
How To Earn $500 A Month From Dick's Sporting Goods Stock Ahead Of Q1 Earnings
Benzinga· 2025-05-23 12:49
DICK’S Sporting Goods, Inc. DKS will release earnings results for the first quarter, before the opening bell on Wednesday, May 28.Analysts expect the company to report quarterly earnings of $4.33 per share and quarterly revenue of $3.6 billion, according to data from Benzinga Pro.On May 15, Foot Locker, Inc. FL disclosed a definitive deal to be acquired by Dick's Sporting Goods. The deal values Foot Locker's equity at around $2.4 billion and its enterprise at about $2.5 billion.With the recent buzz around D ...
Dick's Acquires Foot Locker For $2.4 Billion, Building Share In Sports And Sneaker Markets
Forbes· 2025-05-16 12:47
Core Viewpoint - Dick's Sporting Goods will acquire Foot Locker for $2.4 billion, significantly increasing its store count and enhancing its position in the sporting goods market [1][2]. Financial Overview - Dick's will pay $24 per share for Foot Locker, representing a 90% premium over its pre-announcement share price [2]. - In 2024, Dick's reported revenues of $13 billion, a 3.5% year-over-year increase, while Foot Locker's revenue was $8 billion, reflecting a 1.9% decline at constant currency rates [3]. Market Position and Strategy - Dick's operates 856 stores in the U.S. market, targeting a $140 billion addressable market, while Foot Locker has a global footprint of 2,400 stores and targets a $300 billion market, with 30% of its revenues coming from international sales [4]. - The acquisition is expected to yield $100 million to $125 million in cost synergies and is set to close in the second half of 2025, pending regulatory approvals [5]. Background and Rationale - Dick's has been considering the acquisition for some time, aiming to leverage its strong track record in sporting goods and performance athletics [6]. - Foot Locker has faced challenges, particularly after Nike shifted its distribution model away from wholesale partnerships, impacting Foot Locker's sales [6]. Market Share Impact - The acquisition will increase Dick's market share by 4.3 percentage points, building on its existing 11.1% share [7]. - Combined, Nike could represent 30% to 35% of the sales for both Dick's and Foot Locker, reinforcing the strategic importance of this acquisition for Nike [6][9]. Analyst Perspectives - Analysts express mixed views on the acquisition, with some highlighting the potential for value creation while others caution against the historical challenges of retail mergers [10].
Foot Locker shares surge 85% after Dick's Sporting Goods agrees to buy rival for $2.4B
New York Post· 2025-05-15 15:22
Group 1: Acquisition Details - Dick's Sporting Goods has agreed to acquire Foot Locker for $2.4 billion, offering $24 per share, which represents an 86% premium to Foot Locker's last closing price [1][3] - This acquisition is Dick's largest deal in the sporting goods industry and aims to enhance its presence in malls and expand into international markets for the first time [3][6] - The deal is expected to close in the second half of 2025 and will be financed through a combination of cash-on-hand and new debt [9] Group 2: Market Context - Several US retailers have issued pessimistic forecasts due to the impact of tariffs, leading to reduced consumer spending on various goods [4] - Foot Locker has been losing market share to competitors like Nike and Under Armour, which have expanded their direct-to-consumer business, alongside a decline in customer visits to indoor malls [5][8] - Foot Locker operates 2,400 retail stores across 20 countries, with worldwide sales of $8 billion last year [5]
Big 5 Sporting Goods Stock Rises 4% Despite Wider Y/Y Loss in Q1
ZACKS· 2025-05-05 18:35
Shares of Big 5 Sporting Goods Corporation (BGFV) have gained 4.2% since the company reported its earnings for the quarter ended March 30, 2025. This compares to the S&P 500 index’s 2.9% growth over the same time frame. Over the past month, the stock has gained 15.3% compared with the S&P 500’s 12.3% growth, signaling investor confidence amid a challenging consumer environment.For the first quarter of fiscal 2025, Big 5 incurred a net loss of 78 cents per share, wider than the net loss of 38 cents per share ...