I composed a lengthy summary of today's CC and yahoo lost it. Oh well. Rest assured the management team is as impressive as ever. Their sheer competence is amazing. If you've never listened to one of the calls, I encourage you to spend the hour to listen.
The company is hitting on all cylinders. Valuation of the stock is not cheap with a 24.5X TTM PE and 21X 2011 guidance. Great company though for us old-timers.
Enjoy it while it last guys the management and employees hate working there it is a miserable company to work for. When the job market picks up alot of them will be leaving trust me as some of them have already left. With any growing company they have managed to hire powerful people from dead retailers, i guess thats the definition of corporation! Enjoy it now until the people that got them there are gone and the stock price will be the last thing on there mind! Good Luck
I agree completely. The mngnt, employees and business model of DKS are firing on all cylinders. Which means, of course, that soon the short sellers like Mr. Wall St Bling will arrive and tell us we're all wrong.