Newsletter

Menu

A look at how Dick’s Sporting Goods (DKS) will fare going forward

By Staff Correspondent |
emerging stock buy or sell small-cap profile

Dick’s Sporting Goods’ (NYSE: DKS) shares have fallen 30% since the beginning of this year. The stock is currently trading 30% below its 52-week high of $49.80. The company is set to report fourth quarter 2019 earnings results on Tuesday and if the numbers beat expectations, the stock could see a pickup.

Dick’s Sporting saw healthy sales and comps growth with meaningful expansion in margins last quarter. The company also witnessed increases in average ticket and transactions. The retailer has seen strength in the hardlines, footwear and apparel categories and expects this momentum to continue.

Dick's Sporting Q3 2019 earnings results

In apparel, Dick’s Sporting has been gaining market share in athleisure and has seen strong comps. The company continues to invest in athletic apparel and remains optimistic about this category. The hunting category has been underperforming for a while and replacing this category with other better-performing ones has helped improve margins.

The company has been investing in expanding its store network and has announced the opening of seven new stores in the past two months. Dick’s Sporting has also been working on developing its omnichannel capabilities and its ecommerce business is doing well.

Also read: J.C. Penney (JCP) has a hard path to recovery

The company will also benefit from its ongoing digital marketing efforts. However, higher costs and investment-related expenses are likely to weigh on margins and this remains a concern for investors.

Analysts expect the company to report earnings of $1.22 per share on revenue of $2.57 billion for the fourth quarter of 2019. The company beat revenue and earnings estimates for the third quarter of 2019. Net sales increased 6% to $1.96 billion while adjusted EPS totaled $0.52.  

Owing to its ongoing development efforts and the momentum in its topline and margins, the stock might see a recovery in the coming days. The majority of analysts have rated the stock as Hold and it has an average 12-month price target of $49.80.

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Advertisement

More on this Company

163 responses to “A look at how Dick’s Sporting Goods (DKS) will fare going forward”

  4. fue

    […]below you will discover the link to some websites that we think you should visit[…]

  15. Maillot de football

    […]Wonderful story, reckoned we could combine some unrelated information, nonetheless genuinely worth taking a look, whoa did one particular study about Mid East has got more problerms at the same time […]

  17. Maillot de football

    […]we prefer to honor numerous other internet web sites on the web, even when they aren’t linked to us, by linking to them. Under are some webpages really worth checking out[…]

  21. Fiverr Earn

    […]Wonderful story, reckoned we could combine a handful of unrelated data, nevertheless really really worth taking a search, whoa did 1 understand about Mid East has got far more problerms at the same time […]

  35. jute vs sisal rug

    […]Wonderful story, reckoned we could combine some unrelated information, nonetheless truly really worth taking a search, whoa did 1 master about Mid East has got more problerms at the same time […]

  37. micro frenchies

    […]we like to honor many other internet sites around the internet, even though they aren’t linked to us, by linking to them. Beneath are some webpages really worth checking out[…]

  39. future university

    […]Wonderful story, reckoned we could combine several unrelated information, nonetheless genuinely worth taking a appear, whoa did one master about Mid East has got much more problerms also […]

  41. seo

    […]we prefer to honor several other net websites around the internet, even though they aren’t linked to us, by linking to them. Under are some webpages worth checking out[…]

  42. puppy french bulldogs for sale

    […]Wonderful story, reckoned we could combine some unrelated information, nevertheless truly really worth taking a search, whoa did a single learn about Mid East has got additional problerms at the same time […]

  43. best university Egypt

    […]Wonderful story, reckoned we could combine a number of unrelated data, nonetheless genuinely worth taking a look, whoa did a single master about Mid East has got far more problerms as well […]

  45. lean manufacturing

    […]Wonderful story, reckoned we could combine several unrelated information, nevertheless seriously really worth taking a appear, whoa did 1 learn about Mid East has got a lot more problerms too […]

  54. FUE

    […]very couple of sites that take place to be comprehensive below, from our point of view are undoubtedly well really worth checking out[…]

  55. FUE

    […]check beneath, are some absolutely unrelated web-sites to ours, having said that, they are most trustworthy sources that we use[…]

  58. Classic Books 500

    […]although web sites we backlink to beneath are considerably not related to ours, we really feel they are essentially really worth a go through, so have a look[…]

  60. Media

    […]very handful of internet websites that happen to become in depth beneath, from our point of view are undoubtedly properly worth checking out[…]

  66. collagen supplements

    […]Wonderful story, reckoned we could combine some unrelated data, nevertheless genuinely worth taking a search, whoa did 1 discover about Mid East has got far more problerms at the same time […]

  74. FiverrEarn

    […]Wonderful story, reckoned we could combine a couple of unrelated data, nevertheless actually really worth taking a appear, whoa did a single master about Mid East has got more problerms at the same time […]

  80. FiverrEarn

    […]that could be the finish of this article. Right here you’ll discover some internet sites that we think you’ll value, just click the hyperlinks over[…]

  87. FiverrEarn

    […]please stop by the websites we stick to, including this a single, because it represents our picks through the web[…]

  96. nang sydney

    […]Wonderful story, reckoned we could combine several unrelated data, nonetheless truly worth taking a look, whoa did a single find out about Mid East has got a lot more problerms too […]

  99. 918kiss

    […]we prefer to honor many other world wide web web sites on the net, even though they aren’t linked to us, by linking to them. Underneath are some webpages worth checking out[…]

  101. Beauty products

    […]Wonderful story, reckoned we could combine some unrelated data, nonetheless truly worth taking a search, whoa did one study about Mid East has got much more problerms also […]

  102. pg slot

    […]Wonderful story, reckoned we could combine a couple of unrelated information, nevertheless truly worth taking a search, whoa did 1 study about Mid East has got much more problerms too […]

  104. cybersécurité

    […]although websites we backlink to beneath are considerably not related to ours, we feel they may be basically worth a go by, so have a look[…]

  107. weight drops

    […]please take a look at the web-sites we stick to, which includes this a single, because it represents our picks through the web[…]

  108. 450 bushmaster ammo

    […]Wonderful story, reckoned we could combine a number of unrelated data, nevertheless seriously really worth taking a search, whoa did one particular study about Mid East has got a lot more problerms at the same time […]

  114. Premium URL Shortener

    […]Wonderful story, reckoned we could combine a handful of unrelated data, nonetheless truly worth taking a look, whoa did one particular understand about Mid East has got a lot more problerms at the same time […]

  116. itme.xyz

    […]that will be the end of this report. Right here you’ll find some websites that we think you’ll enjoy, just click the hyperlinks over[…]

  117. satoshi t shirt

    […]although web sites we backlink to below are considerably not related to ours, we feel they’re basically worth a go as a result of, so have a look[…]

  118. izcalli

    […]check below, are some totally unrelated sites to ours, nevertheless, they are most trustworthy sources that we use[…]

  129. 늑대닷컴

    […]very few websites that come about to be in depth below, from our point of view are undoubtedly very well really worth checking out[…]

  136. mexican candy store near me

    […]Wonderful story, reckoned we could combine a couple of unrelated information, nevertheless definitely really worth taking a search, whoa did 1 master about Mid East has got additional problerms also […]

  137. mexican candy store near me

    […]although internet sites we backlink to beneath are considerably not connected to ours, we really feel they’re basically really worth a go through, so have a look[…]

  139. crypto news

    […]Wonderful story, reckoned we could combine a few unrelated data, nevertheless actually worth taking a search, whoa did 1 study about Mid East has got more problerms as well […]

  142. minnect expert

    […]that could be the finish of this post. Right here you’ll obtain some web sites that we think you will value, just click the hyperlinks over[…]

  148. Dog Registry

    […]that is the finish of this post. Here you will locate some internet sites that we consider you will appreciate, just click the hyperlinks over[…]

  150. Dog Papers

    […]just beneath, are many absolutely not associated internet sites to ours, however, they may be certainly really worth going over[…]

  154. rent a yacht in cancun

    […]Wonderful story, reckoned we could combine a number of unrelated information, nevertheless really worth taking a search, whoa did 1 understand about Mid East has got a lot more problerms too […]

  158. French Bulldog Rescue

    […]although sites we backlink to below are considerably not associated to ours, we really feel they’re actually worth a go via, so have a look[…]

  159. French Bulldog Adoption

    […]very handful of web sites that happen to be in depth beneath, from our point of view are undoubtedly very well really worth checking out[…]

Top