Welcome to our dedicated page for Dicks Sporting Goods news (Ticker: DKS), a resource for investors and traders seeking the latest updates and insights on Dicks Sporting Goods stock.
Dick's Sporting Goods Inc. (DKS) maintains this centralized news hub for tracking official corporate developments across its retail operations. Investors and industry observers will find verified updates including quarterly earnings disclosures, strategic partnerships, product line expansions, and community initiatives.
The resource aggregates press releases and market-moving announcements from Dick's multi-channel retail network, which spans specialty concepts like Golf Galaxy and House of Sport alongside its core sporting goods business. Content focuses on operational developments rather than financial analysis, serving as a foundation for independent research.
Key update categories include leadership changes, store format innovations, e-commerce enhancements, and youth sports sponsorships. All materials maintain timestamped accuracy while avoiding forward-looking statements, aligning with regulatory standards for corporate communications.
Bookmark this page to monitor how Dick's Sporting Goods continues adapting its omnichannel strategy to evolving consumer preferences in athletic apparel and equipment retail. For historical context, cross-reference announcements with the company's SEC filings and annual reports.
DICK’S Sporting Goods partners with SidelineSwap to launch trade-in events starting February 2022 in Dallas, allowing athletes to exchange used sports gear for store credit. Participants can also donate a portion of their trade-in value to local sports organizations. SidelineSwap's CEO mentions the initiative supports a circular economy, benefiting both athletes and the environment. To date, SidelineSwap has facilitated trades for over one million athletes, contributing to the broader resale market valued at
DICK'S Sporting Goods, Inc. (NYSE: DKS) will announce its fourth quarter and full year 2021 results before the market opens on March 8. A conference call to discuss these results is scheduled for 10:00 a.m. ET on the same day, available via webcast on the company's investor relations site. DICK'S operates over 850 retail stores and a robust online platform, serving athletes and outdoor enthusiasts. The company is also dedicated to youth sports initiatives through its Foundation, supporting under-resourced teams.
DICK'S Sporting Goods (NYSE: DKS) announced its role as the presenting sponsor of the Women's Sports Foundation's NGWSD 5K & 50 Mile Challenge, celebrating National Girls & Women in Sports Day on February 2. The virtual 5K runs from February 1 to February 28, and the 50 Mile Challenge spans from February 1 to June 23. The company emphasizes its commitment to female athletes through initiatives like its partnership with the WNBA, donating 100,000 sports bras, and forming a Girls' Power Panel. These efforts reflect DICK'S dedication to empowering girls and women in sports.
DICK'S Sporting Goods (NYSE: DKS) announced the closing of $1.5 billion in senior unsecured notes on January 14, 2022. This includes $750 million of 3.15% notes due 2032 and $750 million of 4.1% notes due 2052. The proceeds will be used for general corporate purposes, including potential repurchases of existing convertible senior notes. Additionally, a new $1.6 billion unsecured revolving credit agreement was established, replacing a previous secured facility. CEO Lauren Hobart highlighted the significance of this offering in strengthening the company's financial flexibility.
DICK'S Sporting Goods and Golf Galaxy have partnered with Golf Digest to become the exclusive retailers for the Golf Digest Hot List, a key resource for golfers. This partnership allows customers to experience and receive custom fittings for gold and silver medal products in stores starting January 25, 2022. ScoreCard members will also benefit from subscriptions to Golf Digest's digital and print editions. This collaboration aims to enhance golfers’ experiences by providing expert advice and access to high-quality equipment.
DICK'S Sporting Goods (NYSE: DKS) reported strong third-quarter results for the period ending October 30, 2021, with net sales of $2.75 billion, a 13.9% increase year-over-year, and a remarkable 40% rise compared to 2019. Same-store sales grew by 12.2%. The company achieved a net income of $316.5 million, or $2.78 per diluted share, up from $177.2 million, or $1.84 per share in Q3 2020. E-commerce sales surged by 97% since 2019, now constituting 19% of total sales. DICK'S has increased its full-year outlook for 2021 for the third time, supported by robust consumer demand and an impressive product assortment.
DICK'S Sporting Goods (NYSE: DKS) announced its participation in the Morgan Stanley Virtual Global Consumer & Retail Conference on November 30, 2021, at 8:45 a.m. Eastern Time. The presentation will be available via live webcast and can be accessed later through the Investor Relations section of the company's website. DICK'S is a leading omni-channel retailer, operating 734 stores in the U.S. as of October 30, 2021. The company offers a variety of sports equipment, apparel, and accessories, supported by its eCommerce platform and specialty stores.
DICK'S Sporting Goods (NYSE: DKS) has launched its 2021 online holiday gift guide and announced Black Friday deals running from Nov. 21 to Nov. 27. Featured offers include 50% off select items and daily promotions throughout the season. The company will close on Thanksgiving to prioritize employee family time, reopening at 5 a.m. on Black Friday. Enhanced shopping options include curbside pickup, same-day delivery in 47 states, and flexible payment plans like Affirm and Afterpay. Customers can benefit from DICK'S Best Price Guarantee and gift cards, ensuring a seamless shopping experience.
DICK'S Sporting Goods and The DICK'S Sporting Goods Foundation are launching their fourth Sports Matter #GiftOfSportTour, delivering 10,000 gifts of sports equipment to under-resourced children across eight cities in the western U.S. The initiative includes participation from professional athletes and aims to inspire youth sports participation. In addition, the foundation will donate up to $6 million in community grants and triple-match donations on DonorsChoose starting November 16, enhancing support for youth sports organizations nationwide.
DICK'S Sporting Goods (NYSE: DKS) and NIKE (NYSE: NKE) announced a transformative partnership to enhance the shopping experience for their customers. The collaboration allows users to connect their DICK'S Scorecard and NIKE Membership accounts via the DICK'S mobile app, granting access to exclusive products and member-only events. Key features include member-exclusive launches, such as a NIKE Air Force 1 release on Nov. 4, 2021, and in-store events starting in November. The partnership aims to deliver better experiences and meet evolving customer needs.
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