Core Insights - DICK'S Sporting Goods Inc. is expected to report a decline in both sales and earnings for the fourth quarter of fiscal 2024, with revenue estimates at $3.75 billion, reflecting a 3.3% decrease year-over-year [1][2] - The consensus estimate for earnings per share (EPS) is $3.47, indicating a 9.9% decline from the previous year [2] - Despite anticipated declines, the company has a positive Earnings ESP of +0.11% and a Zacks Rank of 2 (Buy), suggesting a potential earnings beat [3] Financial Performance Expectations - The company is projected to experience strong comparable store sales and transaction growth, which are expected to positively impact quarterly performance [4] - DICK'S has raised its full-year outlook, forecasting comparable sales growth of 3.6-4.2% and consolidated net sales between $13.2 billion and $13.3 billion for fiscal 2024 [6][7] - Adjusted EPS is anticipated to be between $13.65 and $13.95, compared to $12.91 in fiscal 2023 [7] Strategic Initiatives - DICK'S is focusing on four strategic pillars: an omnichannel athlete experience, a differentiated product assortment, deep engagement with the brand, and knowledgeable staff [5] - The company is investing in innovative concepts like House of Sport and DICK'S Field House, which are expected to enhance its market position [6] Cost and Margin Considerations - The company is facing increased costs due to higher wage rates and investments in talent, technology, and marketing, which may impact the upcoming quarter's results [8] - Management anticipates a modest increase in adjusted SG&A expenses year-over-year, alongside pre-opening expenses that are expected to be higher due to new store openings [9] Valuation Metrics - DICK'S Sporting has a forward 12-month price-to-earnings ratio of 14.41X, which is below its five-year high of 24.78X and the industry average of 16.56X [11] - The company's shares have increased by 18.5% over the past year, contrasting with a 9.1% decline in the industry [11]

Core Viewpoint - Analysts expect Dick's Sporting Goods (DKS) to report quarterly earnings of $3.47 per share, reflecting a year-over-year decline of 9.9%, with revenues projected at $3.75 billion, down 3.3% from the previous year [1] Earnings Projections - Changes in earnings projections are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate trends and short-term stock price movements [2] Key Metrics Analysis - Analysts predict the 'Number of stores - Total (EOP)' will reach 867, up from 853 a year ago [4] - The consensus estimate for 'Total Square Footage' is 43.69 million square feet, compared to 42.7 million square feet in the same quarter last year [4] - The 'Number of stores - Dick's Sporting Goods' is estimated to be 728, slightly up from 724 a year ago [4] - The average prediction for 'Number of stores - Golf Galaxy/Specialty Concept Store' is 138, compared to 131 last year [5] Stock Performance - Dick's shares have returned -9.6% over the past month, while the Zacks S&P 500 composite has changed by -4.1%, indicating underperformance [5] - With a Zacks Rank 2 (Buy), DKS is expected to outperform the overall market in the near future [5]

Core Viewpoint - Dick's Sporting Goods (DKS) is anticipated to report a year-over-year decline in earnings due to lower revenues for the quarter ended January 2025, with a consensus outlook indicating potential impacts on its near-term stock price [1][2]. Earnings Expectations - The upcoming earnings report is expected to show quarterly earnings of $3.47 per share, reflecting a year-over-year decrease of 9.9%, while revenues are projected to be $3.75 billion, down 3.3% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that analysts have not significantly reassessed their initial estimates during this period [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Dick's is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +0.11%, indicating a bullish outlook from analysts [10]. Historical Performance - Dick's has a history of beating consensus EPS estimates, having done so in the last four quarters, including a surprise of +2.61% in the most recent quarter where actual earnings were $2.75 per share compared to an expected $2.68 [12][13]. Zacks Rank - The stock currently holds a Zacks Rank of 2 (Buy), which, combined with the positive Earnings ESP, suggests a high likelihood of beating the consensus EPS estimate in the upcoming report [11].

Core Viewpoint - Kaskela Law LLC is investigating DICK'S Sporting Goods, Inc. on behalf of long-term shareholders due to a securities fraud complaint alleging misleading statements regarding the company's financial performance and inventory issues [1][2]. Summary by Sections Investigation Details - The investigation focuses on whether DICK'S board of directors violated securities laws or breached fiduciary duties related to the alleged misconduct [4]. Securities Fraud Complaint - A securities fraud complaint was filed for investors who purchased DICK'S shares between August 23, 2022, and August 21, 2023, claiming that the company and its executives made materially false statements about profitability growth, merchandise margins, demand, inventory levels, and the impact of retail theft on inventory shrinkage [2][3]. Impact on Stock Price - On August 22, 2023, DICK'S disclosed continued margin declines and disappointing profitability results, leading to a stock price drop of $35.51 per share, or over 24%, closing at $111.53 per share [3]. Shareholder Communication - DICK'S shareholders who acquired shares before August 21, 2023, are encouraged to contact Kaskela Law LLC for information regarding the investigation and their legal rights [5].

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against DICK'S Sporting Goods, Inc. due to a class action lawsuit alleging breaches of fiduciary duties by the company's board of directors [1] Group 1: Class Action Allegations - The class action lawsuit claims that DICK'S Sporting Goods made false or misleading statements regarding the demand for products in its Outdoor segment, which was slowing faster than represented, leading to excess inventory [2] - It is alleged that the "structural changes" promoted by the company, such as differentiated products and improved pricing technology, failed to effectively manage excess inventory without negatively impacting profitability [2] - The need to liquidate excess inventory, particularly in the Outdoor segment, is expected to have a materially negative effect on the company's profitability [2] Group 2: Analyst Reports and Stock Performance - On May 19, 2023, TD Cowen and Telsey Advisory Group downgraded their sales and earnings per share estimates for DICK'S Sporting Goods, resulting in a nearly 7% drop in the stock price [3] - Following the announcement on August 22, 2023, that the company's second-quarter profitability was significantly lower than expected, DICK'S Sporting Goods reported a net income of $244 million, which was below the analyst consensus estimate of $338 million [4] - The company's earnings per share were reported at $2.82, compared to the consensus estimate of $3.81, and the gross margin was 34.4%, below the expected 36.3% [4] - The stock price fell more than 24% after the announcement of lowered profitability guidance for the remainder of fiscal year 2023 [4]

Group 1 - DICK'S Sporting Goods, Inc. will announce its fourth quarter and full year 2024 results on March 11, 2025, before the market opens [1] - A conference call to discuss the results will take place on the same day at 8:00 a.m. Eastern Time, accessible via the company's Investor Relations website [2] - DICK'S Sporting Goods operates over 850 stores and offers a range of products through its online platform and mobile app, serving athletes and outdoor enthusiasts [3] Group 2 - The company has a strong commitment to youth sports, having donated millions to support under-resourced teams and athletes through its Sports Matter program [4] - DICK'S Sporting Goods is involved in various community-based initiatives and promotes corporate giving [4]

Core Insights - DICK'S Sporting Goods is expanding its influencer program, the DICK'S Varsity Team, to include both employees and the public, aiming to create original social media content [1][2] - The program has seen significant success, with over 1,000 pieces of content created and 38 million impressions since its internal launch in 2023 [3] Company Overview - DICK'S Sporting Goods, founded in 1948 and headquartered in Pittsburgh, operates over 850 stores and offers a range of products through various channels [5] - The company is committed to supporting youth sports and has donated millions through its Sports Matter program [6] Program Details - The 2025 DICK'S Varsity Team application is open until February 27, 2025, providing opportunities for selected members to collaborate with DICK'S and its brands [4] - Selected team members will receive benefits such as a monthly gift card, content creation contracts, and access to exclusive events [7]

Core Insights - DICK'S Sporting Goods Inc. (DKS) is experiencing strong upward momentum, trading above its 50 and 200-day simple moving averages (SMA), indicating price stability and long-term bullish trends [1][2][3] Performance Summary - DKS shares closed at $239.57, surpassing its 50-day SMA of $225.87 and 200-day SMA of $212.11, reflecting a continued uptrend [2] - The stock has gained 21.1% over the past three months, outperforming the Zacks Retail-Miscellaneous industry's growth of 7.5%, the broader Retail-Wholesale sector's growth of 13%, and the S&P 500 index's growth of 5.5% during the same period [4] Growth Drivers - DKS is leveraging its strong brand and digital innovation, focusing on three key areas: enhancing shopping convenience through online services, offering unique high-quality products, and building strong customer relationships via loyalty programs and digital marketing [8] - The company is advancing its digital investment efforts, with significant engagement on its GameChanger app, which has seen a rise in unique users and daily active users [9] - Strategic investments in innovative concepts like House of Sport and DICK'S Field House are redefining the sports retail experience, contributing to strong performance during the back-to-school season [10] Strategic Initiatives - Management is committed to revolutionizing DICK'S stores with next-generation formats and enhancing digital and store experiences to drive athlete engagement [11] - The company is investing significantly to reposition its portfolio for an elevated omnichannel athlete experience, which is expected to boost sales and profitability [11] Financial Outlook - DKS has raised its fiscal 2024 outlook, expecting net sales of $13.2-$13.3 billion, with comparable sales growth of 3.6-4.2%, an improvement from fiscal 2023 sales of $12.98 billion and 2.5% comps growth [12] - The projected EBT margin for fiscal 2024 is maintained at 11.2%, up from 10.8% in the prior year, with adjusted EPS forecasted between $13.65 and $13.95, compared to $12.91 in fiscal 2023 [12] Analyst Sentiment - Analysts have positively revised their estimates for DKS, with the consensus estimate for fiscal 2024 EPS increased to $13.89 per share, reflecting a year-over-year growth of 7.6% [13] - The consensus estimate for fiscal 2025 earnings has been raised to $14.78 per share, indicating a growth of 6.4% year over year [14] Investment Appeal - DKS stock is viewed as an attractive investment opportunity due to its strong brand, consistent market share gains, and strategic growth initiatives focused on digital innovation and store enhancements [15]

Core Insights - DICK'S Sporting Goods and The DICK'S Sporting Goods Foundation have committed over $10 million to support communities affected by wildfires in California and flooding in North Carolina, addressing both immediate and long-term recovery needs [1][2] Group 1: Financial Contributions and Donations - The company is donating clothing, sporting goods, and supplies valued at over $8 million to those in need in Los Angeles and Asheville through partnerships with organizations like Good Sports and 4 Good Community [6] - DICK'S will contribute $1 million to the American Red Cross to aid recovery efforts, in addition to its annual donations to the charity's disaster programs [6] - The DICK'S Foundation is matching customer donations made at checkout from January 27 to February 22, 2025, with an estimated total matching donation of nearly $1 million [6] Group 2: Community Support Initiatives - DICK'S has provided $100,000 in Sports Matter grants to support youth sports teams in Asheville and surrounding areas [3] - The company is assisting impacted employees through its Teammate Relief Fund, offering financial and other support [3] - DICK'S has launched the 'LA Strong' apparel collection, with 100% of the purchase price going to the American Red Cross and the Los Angeles Fire Department Foundation [6] Group 3: Future Engagement and Partnerships - DICK'S plans to continue discussions with corporate and sports partners for additional initiatives to support affected communities, with details to be announced later [4]

Stock Performance - Dick's Sporting Goods (DKS) closed at $250 04, up 1 81% from the previous day, outperforming the S&P 500 (0 53%), Dow (0 38%), and Nasdaq (0 25%) [1] - Over the past month, DKS shares rose 7 32%, surpassing the Retail-Wholesale sector (5 57%) and the S&P 500 (1 24%) [1] Financial Projections - The company is expected to report an EPS of $3 46, a 10 13% decline year-over-year, with quarterly revenue of $3 75 billion, down 3 25% [2] - For the full fiscal year, consensus estimates predict earnings of $13 89 per share (+7 59%) and revenue of $13 3 billion (+2 42%) [3] Analyst Revisions and Valuation - Positive analyst estimate revisions are seen as a favorable indicator for the company's business outlook [4] - The Zacks Rank system, which incorporates estimate revisions, rates DKS as 2 (Buy), with a 0 04% increase in consensus EPS projections over the past 30 days [5][6] - DKS has a Forward P/E ratio of 17 68, higher than the industry average of 12 36, and a PEG ratio of 2 79, compared to the industry average of 1 4 [7] Industry Context - The Retail - Miscellaneous industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 21, placing it in the top 9% of all industries [8] - Industries in the top 50% of the Zacks Industry Rank tend to outperform the bottom half by a factor of 2 to 1 [8]