DICK'S Sporting Goods & The DICK'S Sporting Goods Foundation Pledge More Than $10 Million Towards California and North Carolina Disaster Relief Efforts
Rhea-AI Summary
DICK'S Sporting Goods (NYSE: DKS) and The DICK'S Sporting Goods Foundation have announced a commitment of over $10 million to support communities affected by wildfires in California and flooding in North Carolina. The aid package includes:
- In-kind donations worth over $8 million in clothing, footwear, and sporting goods equipment
- $1 million donation to the American Red Cross
- Customer donation matching program running from Jan. 27 through Feb. 22, 2025, expected to reach nearly $1 million
- 'LA Strong' merchandise collection sales benefiting the American Red Cross and LA Fire Department Foundation
The company is also providing direct support to affected employees through its Teammate Relief Fund and has granted $100,000 in Sports Matter grants to youth sports teams in Asheville and surrounding communities.
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News Market Reaction 1 Alert
On the day this news was published, DKS gained 0.84%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Donations of clothing, sporting goods equipment, supplies and monetary support to aid short-term emergency requests and long-term disaster recovery efforts
"The devastation these natural disasters caused is heartbreaking and we're committed to helping our athletes, communities and teammates rebuild and recover from these tragic events," said Ed Stack, Executive Chairman of DICK'S Sporting Goods. "We thank the first responders and the many organizations who are joining in these efforts to support impacted communities in
DICK'S and The DICK'S Sporting Goods Foundation is committing its support in the following ways:
- Providing in-kind donations – DICK'S is donating clothing, footwear and sporting goods equipment with a retail value of more than
to those in need in$8 million Los Angeles andAsheville through their partnerships with Good Sports, 4 Good Community and others. - Donating to the American Red Cross – DICK'S will donate
to the American Red Cross to help provide shelter, meals and resources as they aid recovery in$1 million Los Angeles ,Asheville andWestern North Carolina . This comes in addition to the DICK'S annual donation to the charity's Annual Disaster Giving Program (ADGP) and Disaster Responder Program which helps power its preparation, relief and recovery efforts in the face of more frequent and intense disasters. - Supporting donations at checkout – DICK'S is offering athletes shopping its DICK'S, Golf Galaxy and Going Going Gone! stores the opportunity to make donations during checkout from Jan. 27 through Feb. 22, 2025. During this period, The DICK'S Foundation will match all donations dollar-for-dollar, with the total matching donation estimated to be nearly
. All proceeds will be directed to schools and non-profit organizations in$1 million Los Angeles andAsheville . - 'LA Strong' apparel collection – DICK'S is now offering Fanatics' 'LA Strong' merchandise collection that was developed in partnership with the MLB, NBA, NFL, NHL, MLS, WNBA and other major sports organizations to aid those impacted by the wildfires.
100% of the purchase price (excluding taxes and other charges) will be donated directly to the American Red Cross and theLos Angeles Fire Department Foundation. LA Strong merchandise can be purchased on dicks.com and at select stores.
In addition to the above commitments, DICK'S stores and GameChanger have donated needed supplies to athletes in
DICK'S is assisting its impacted teammates in both locations with financial and other support through its Teammate Relief Fund.
In the months to come, DICK'S will continue to engage in conversations with other corporate and sports partners about additional events and initiatives to support these communities. Details will be announced when available.
About DICK'S Sporting Goods
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
Driven by its belief that sports have the power to change lives, DICK'S has been a longtime champion for youth sports and, together with its Foundation, has donated millions of dollars to support under-resourced teams and athletes through the Sports Matter program and other community-based initiatives. Additional information about DICK'S business, corporate giving, sustainability efforts and employment opportunities can be found on dicks.com, investors.dicks.com, sportsmatter.org, dickssportinggoods.jobs, and on Instagram, TikTok, Facebook and X.
Media Contact
DICK'S Sporting Goods – press@dcsg.com
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SOURCE DICK'S Sporting Goods, Inc.