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Dick's Sporting Goods Inc. Message Board

  • wall_st_bling wall_st_bling Dec 14, 2010 9:10 AM Flag

    BBY missed by a LOT...and you think DKS will do well?

    Oh, sure they will.

    I posted on the BBY board many times....days in advance.....warning those SHEEP that BBY would miss, and the stock would get hit.

    They bashed my posts.

    And now look at those FOOLS.

    I own JAN PUTS in BBY.

    Say it with me.......CHA CHING!!!!!

    Remember, Cramer says that the consumer is back......so BUY all you can of DKS.

    Sure, the consumer is back......but apparently they didn't shop at BBY.

    But of course they shop at DKS, right?

    Pfffft......go ahead FOOLS......don't listen, just like the SHEEP on the BBY board.

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    • Old saying: You win some, you lose some.

      You won on BBY, you will lose on DKS.

    • Wrong again...BBY is an exception to a resurgent retail. The flat screen TV is becoming a commodity, and WalMart/Costco/Target/Amazon have a price advantage. This happens every time a technology ages. BBY prospers on the upside on product cycles, not the downside.

      He is a bit I pulled summarizing the Nov. sales results. Note the strength in Apparel and Sporting Goods.

      Holiday sales this year got off to a robust start. Earlier this month, many large store chains also reported much better-than-expected monthly sales at their stores.

      The government report showed sales at clothing stores rose 2.7%, were up 2.3% at sporting goods and hobby stores, increased 2.8% at department stores and climbed 1.3% at general merchandise sellers. Online sales rose 2.1%.

      Higher gasoline prices fueled gas station sales to a 4% increase in November.

      But there were a few weak pockets as well in last month's report. Electronics sales dipped 0.6%, a figure also reflected when Best Buy (BBY, Fortune 500), the No. 1 electronics seller, reported a miss on its sales and profit last quarter earlier Tuesday.

 
DKS
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