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Dick's Sporting Goods Inc. Message Board

  • surfnstien surfnstien Mar 7, 2012 9:49 AM Flag

    backhanded upgrade

    "We underestimated the premium investors are willing to pay for growth, even in the face of lackluster" same-store sales, it admits. However, "we continue believe that DKS is a share loser given [F4Q] results and outlook of its department-store and specialty peers. We expect to see new-store productivity continue to decline as the company moves to less-choice locations" while 2H margins "could be at risk given the aforementioned pack away of cold- weather inventory." Sterne Agee trims estimates for the next 2 years.

50.37+0.57(+1.14%)Jul 22 4:02 PMEDT