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 (NYSE: DKS) will close all retail locations and distribution centers on Thanksgiving Day, November 25, 2021, following a similar closure in 2020. This decision aims to allow employees to spend time with their families during the holiday. The company will reopen on Black Friday, November 26, offering various shopping options including in-store and curbside pickup. DICK'S operates 728 locations across the U.S. and emphasizes customer service and technology in its operations.
DICK'S Sporting Goods (NYSE: DKS) is expanding its support for female athletes in 2021, coinciding with National Girls & Women in Sports Day on February 3. The company is donating 100,000 DSG Brand sports bras to under-resourced female athletes through a partnership with Good Sports. Initiatives include forming a Girls' Power Panel for ages 13-17, a social challenge #StrongerWithSports, and launching the Brooks Running 'Empower Her' collection with a donation goal of $500,000 to support Girls Running Programs. These efforts build on past initiatives aimed at promoting female participation in sports.
Instacart has partnered with DICK'S Sporting Goods (NYSE: DKS) to offer same-day delivery from over 150 locations in various U.S. states. Customers in areas like Connecticut, Delaware, and Virginia can access thousands of sporting goods products for delivery within an hour. This collaboration aims to meet increased demand for outdoor activities and enhance customer convenience during the busy holiday season. DICK'S operates 732 locations nationwide, providing an extensive range of sports equipment and apparel, while Instacart serves over 85% of U.S. households, ensuring broad accessibility.
DICK'S Sporting Goods and The DICK'S Sporting Goods Foundation are making a significant impact this Giving Tuesday by donating sports equipment to 10,000 kids in under-resourced communities across the U.S. The initiative features The Sports Matter Giving Truck, traveling to cities like New York, Pittsburgh, and Chicago from November 27 to December 21, 2020. This effort, supported by professional athletes, emphasizes the importance of sports participation for youth. Additionally, DICK'S has committed over $145 million since 2014 to support youth sports through various grants and donations.
DICK'S Sporting Goods, Inc. (NYSE: DKS) announced participation in the Morgan Stanley Virtual Global Consumer & Retail Conference on December 2, 2020, at 9:00 a.m. Eastern Time. The webcast will be available live and in replay on their Investor Relations website. As of October 31, 2020, the company operated 732 stores across the U.S., providing a wide range of sports equipment and apparel. DICK'S also owns Golf Galaxy and Field & Stream stores and offers a dynamic eCommerce platform integrated with its retail network.
DICK'S Sporting Goods, Inc. (NYSE: DKS) announces a leadership transition effective February 1, 2021. Edward W. Stack will step down as CEO to become Executive Chairman, overseeing strategic growth initiatives, while Lauren R. Hobart will take over as President and CEO. Stack has led the company since 1984, driving growth to nearly $9 billion in annual revenue and significant eCommerce expansion. Hobart, with over 25 years of experience, aims to continue this momentum. The company also highlighted its commitment to youth sports, contributing over $100 million since 2014.
DICK'S Sporting Goods (NYSE: DKS) reported strong third-quarter results for 2020, with net income of $177.2 million ($1.84 per diluted share), significantly up from $57.6 million ($0.66 per diluted share) in Q3 2019. Non-GAAP net income was $182.2 million ($2.01 per diluted share), boosted by a 22.9% increase in net sales to $2.41 billion. E-commerce sales soared by 95%, comprising approximately 21% of total sales. Despite ongoing COVID-19 expenses of around $48 million, the company maintained robust inventory levels and a strong cash position of nearly $1.1 billion, with no debt under its credit facility.
DICK'S Sporting Goods (NYSE: DKS) announced its first-ever "10 Days of Black Friday" starting November 18, 2020, enabling convenient holiday shopping through various promotions both in-store and online. To enhance safety, the company will distribute deals over ten days, recruit additional staff for order fulfillment, and implement improved technologies for customer service. Key discounts include up to $1,200 off select cardio equipment and 50% off table tennis tables. DICK'S aims to provide shoppers flexibility and a seamless experience this holiday season while ensuring safety measures are in place.
DICK'S Sporting Goods, Inc. (NYSE: DKS) will announce its third quarter fiscal 2020 results on November 24, 2020, before the market opens. A conference call to discuss these results is scheduled for 10:00 a.m. ET the same day, available via webcast on the Investor Relations website. As of October 31, 2020, DICK'S operates 732 locations across the U.S., offering a vast range of sports equipment, apparel, and accessories, with additional brands including Golf Galaxy and Field & Stream. For further information, visit dicks.com.
DICK'S Sporting Goods (NYSE: DKS) has launched three temporary pop-up shops for the CALIA by Carrie Underwood brand, which has become a leading seller in women's athletic apparel. These shops will operate from October 28 through December 31 in Austin, TX, Santa Monica, CA, and via a mobile shop in Nashville, TN. The initiative aims to enhance visibility and shopping experiences as the holiday season approaches, promoting CALIA's offerings while ensuring safety measures are in place during the pandemic.
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