DICK'S Sporting Goods: Another Strong Quarter

Nov. 23, 2022 3:20 AM ETDICK'S Sporting Goods, Inc. (DKS)4 Comments

Summary

  • DICK'S reported a strong FQ3 even as the market got far too bearish on the sporting goods retailer.
  • The company only forecasts minimal negative comps after several strong years.
  • The stock still trades below 10x EPS targets and large capital returns will provide strong EPS growth in the future.
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Dick"s Sporting Goods Store

JillianCain

The retail sector has been crushed this year, but DICK'S Sporting Goods (NYSE:DKS) continues to produce chart topping results due to transforming the business during covid lockdowns. The sporting goods market hasn't been ideal this year either with

Chart
Data by YCharts

Chart
Data by YCharts

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