"We are excited about the profitable long-term growth opportunities across our business in our #$%$ Sporting Goods stores, on-line and through our Field & Stream concept," said Edward W. Stack, Chairman and CEO.
Mr. Stack continued, "To support our long-term goals, we intend to make meaningful investments in our business in the near-term. We are timing these investments to stay ahead of our needs and to produce sustainable, long-term advantages. Even with approximately $1.8 billion of capital expenditures to support our $10 billion sales target, we expect to expand our operating margins."
Mr. Stack concluded, "In addition to focusing on our customers and our communities, we are laser focused on driving shareholder value over the next five years by investing in the long-term growth of the business, repurchasing shares and paying quarterly dividends."
Sounds great to me! See more under DKS news and the DKS website.