Dick's Sporting Goods, Inc. (DKS) - NYSE
  • Tue, Jun. 7, 10:52 AM
    • Under Armour (UA +0.7%) launched its first mobile app today with the unveiling of UA Shop on Apple's App Store. An Android version is expected shortly.
    • The UA Shop app will create an unified user profile that will sync across other Under Armour connected fitness apps and tools (including acquired properties).
    • Sector watch: UA Shop and Nike's SNKRS apps present a bit of showrooming risk for Foot Locker (FL), Finish Line (FINL -0.3%), and Dick's Sporting Goods (DKS +0.4%) - although the retailers have maintained that they have selling strategies to diminish the impact.
    | Tue, Jun. 7, 10:52 AM | 10 Comments
  • Fri, May 20, 9:11 AM
    • Analysts are adjusting estimates on Dick's Sporting Goods (NYSE:DKS) after digesting the sporting good chain's Q1 report and full-year update.
    • Citigroup lowers its price target to $52 from $50.
    • Goldman Sachs upgrades to Buy and assigns a $53 price target.
    • Morgan Stanley takes off its bear call with an upgrade to Equal Weight from Underweight.
    • RBC Capital is the gloomiest of the bunch with a lowly price target of $41.
    • A conservative approach by Dick's management toward adding Sports Authority stores is seen as a positive as it the loyalty-card offers going out to former Sports Authority customers.
    • An interesting tidbit from the Dick's earnings call (transcript) is that the company has a focus on the devastation in the department store sector. Why rush into buying Sports Authority stores when spaces from Macy's, J.C. Penney, Kohl's, and Sears are also opening up this year in strategic locations? Dick's could benefit from the buyers market.
    | Fri, May 20, 9:11 AM | 6 Comments
  • Thu, May 19, 9:10 AM
    • Dick's Sporting Goods (NYSE:DKS) declares $0.15125/share quarterly dividend, in line with previous.
    • Forward yield 1.59%
    • Payable June 30; for shareholders of record June 10; ex-div June 8.
    | Thu, May 19, 9:10 AM
  • Thu, May 19, 7:46 AM
    • Dick's Sporting Goods (NYSE:DKS) says same-store sales increased 0.5% in Q1 amid what it calls a "challenging" retail environment.
    • E-commerce penetration rose 70 bps to 9.2% of all sales.
    • The company ended the quarter with inventory up 7.3% Y/Y which included the impact of stocking away unsold cold weather merchandise.
    • Dick's Sporting Goods sees FY16 EPS of $2.60 to $2.90 vs. $2.85-$3.00 prior vs. $2.95 consensus. The EPS range assumes share repurchases of $100M to $200M. For Q2, Dick's expects EPS of $0.62 to $0.72 vs. $0.78 consensus off a drop in comparable sales of 1% to 4%.
    • Previously: Dick's Sporting Goods beats by $0.01, beats on revenue (May 19)
    • DKS -0.42% premarket to $37.89.
    | Thu, May 19, 7:46 AM
  • Thu, May 19, 7:33 AM
    • Dick's Sporting Goods (NYSE:DKS): Q1 EPS of $0.50 beats by $0.01.
    • Revenue of $1.66B (+5.7% Y/Y) beats by $30M.
    • Shares -2.28% PM.
    • Press Release
    | Thu, May 19, 7:33 AM
  • Wed, May 18, 5:30 PM
    | Wed, May 18, 5:30 PM | 7 Comments
  • Mon, May 9, 12:57 PM
    • Canaccord Genuity thinks Dick's Sporting Goods (DKS +1.8%) could pick up as many as 180 stores out of the Sports Authority asset auction.
    • The investment firm believes Dick's could "quickly" take over at least 80 stores.
    • Dick's also benefits from the Sports Authority bankruptcy in markets where it competed in very close proximity to the sporting good chain.
    | Mon, May 9, 12:57 PM | 1 Comment
  • Mon, May 2, 11:48 AM
    • Shares of Dick's Sporting Goods (DKS +4.5%) race higher after Deutsche Bank outlines how the company will benefit from the Sports Authority bankruptcy.
    • While Dick's is likely to pick up some of the old Sports Authority stores, it's the markets where it will be the "only game in town" that look especially promising.
    • DB sees as much as a 7% lift to Dick's comp sales and $0.75 per share in operating profit if the store transition goes smoothly.
    • Now read Find Alpha In Dick's Sporting Goods
    | Mon, May 2, 11:48 AM
  • Fri, Apr. 29, 10:54 AM
    • MKM Partners dives into sporting goods retailer stocks with some new coverage out today.
    • The investment firm initiates Dick's Sporting Goods (DKS -0.8%) with a Buy rating and $56 price target. MKM thinks Dick's will continue to expand its e-commerce lead over peers.
    • Hibbett Sports (HIBB +0.5%) is started off at Neutral.
    • The sector is having an active month with a strategic review ongoing at Cabela's (CAB +0.7%) and Sports Authority prepping to sell assets through a bankruptcy auction. Despite some gloomy long-term forecasts on the future of sporting goods chains, shares have been on a roll this year  - Dick's +32% YTD, Big Five Sporting Goods (NASDAQ:BGFV) +24%, Hibbett +20%, Cabela's +11%.
    | Fri, Apr. 29, 10:54 AM
  • Mon, Apr. 25, 12:04 PM
    • Dick's Sporting Goods (DKS -0.9%announces it will offer two cards under the Rewards of Sport Credit Cards program in partnership with Synchrony Bank.
    • Customers receive reward perks for the two card issues, one of which is a MasterCard that can be used outside of Dick's, Field & Stream, and Golf Galaxy stores.
    • Dick's is due to report earnings on May 17.
    • Now read Dick's Sporting Goods Looks Strong Amid Solid Industry Growth
    | Mon, Apr. 25, 12:04 PM
  • Mon, Apr. 18, 8:24 AM
    • Sports Chalet announces it will close all 47 stores and end its online business.
    • The sporting good brand is owned by Vestis Retail Group which also operates Eastern Mountain Sports and Bob's Stores.
    • An official bankruptcy filing is anticipated.
    • Related stocks: DKS, HIBB.
    • Previously: Credit Suisse warns on the sporting goods sector (April 7)
    | Mon, Apr. 18, 8:24 AM
  • Fri, Apr. 15, 9:42 AM
    | Fri, Apr. 15, 9:42 AM | 1 Comment
  • Thu, Apr. 7, 10:04 AM
    • Credit Suisse thinks there are too many sporting goods stores, even after factoring in the bankruptcy of Sports Authority and the potential closing down of Eastern Mountain Sports, Bob's Stores, and Sports Chalet.
    • "Excess store growth has been one of our key concerns, with growth accelerating over the last couple of years," is the succinct analysis of CS.
    • An important point from the investment firm is the lack of differentiation between chains all selling the same Nike, Under Armour, and Adidas products. Those three companies are also increasing their direct-to-consumer sales at an alarming pace.
    • On watch: Dick's Sporting Goods (DKS -0.2%), Big 5 Sporting Goods (BGFV -2.2%), Sportsman's Warehouse (SPWH -0.7%), Hibbett Sports (HIBB -1%).
    • Now read Why We Sold Our Dick's Sporting Goods Shares
    | Thu, Apr. 7, 10:04 AM | 1 Comment
  • Mon, Mar. 21, 5:34 PM
    • Dick's Sporting Goods (NYSE:DKS) has launched a $1B, 5-year, buyback. It's good for repurchasing 18% of shares at current levels. (8-K filing)
    • Dick's ended its January quarter with $119M in cash and no credit facility borrowings. The company returned over $420M to shareholders in FY15 via buybacks and dividends.
    • Shares are up 0.6% after hours to $47.65.
    | Mon, Mar. 21, 5:34 PM | 2 Comments
  • Mon, Mar. 14, 11:40 AM
    • Credit Suisse can't shake off a deja vu feeling with the rally in some beat-up retail names.
    • The investment firm notes that last year Dick's Sporting Goods (DKS +0.1%), GameStop (GME +2.5%), and Michaels (MIK -0.2%) staged a similar early rally before ending the year with below-par returns.
    • Retailer with strong financials look more attractive to CS than comeback stores. Home Depot (HD +0.3%), Lowe's (LOW +0.3%), O'Reilly Automotive (ORLY -0.3%), and AutoZone (AZO -0.1%) are cited as examples.
    | Mon, Mar. 14, 11:40 AM
  • Tue, Mar. 8, 7:50 AM
    • Dick's Sporting Goods (NYSE:DKS) says warm weather in parts of the U.S. contributed to a 2.5% drop in comparable-store sales in Q4.
    • E-commerce continues to be a larger part of the story at Dick's. During Q4, e-commerce penetration rose 130 bps to 15.7% of all sales.
    • Dick's Sporting Goods sees FY16 EPS of $2.85-$3.00 vs. $3.23 consensus. The company expects to open three new Dick's stores this year and relocate another three. Two new Field & Stream stores are slated to be opened in Q1. During the earnings call, execs are likely to be asked about the impact of the Sports Authority bankruptcy.
    • Previously: Dick's Sporting Goods misses by $0.02, misses on revenue (Mar. 08 2016)
    • DKS -7.33% premarket to $41.07.
    | Tue, Mar. 8, 7:50 AM | 6 Comments
Company Description
Dick's Sporting Goods, Inc. engages as a sporting goods retailer, which offers a broad assortment of brand name sporting goods equipment, apparel and footwear in a specialty store environment. The company's products are categorized into three divisions: Apparel, Footwear, and Hardlines. The... More
Sector: Services
Industry: Sporting Goods Stores
Country: United States