DKS - DICK'S Sporting Goods, Inc.
40.86 0.00 (0.00%)
After hours: 4:17PM EST
| Previous Close | 40.33 |
| Open | 40.57 |
| Bid | 40.60 x 1100 |
| Ask | 41.10 x 800 |
| Day's Range | 40.28 - 41.03 |
| 52 Week Range | 29.69 - 41.59 |
| Volume | 1,262,520 |
| Avg. Volume | 2,170,358 |
| Market Cap | 3.707B |
| Beta (3Y Monthly) | 0.59 |
| PE Ratio (TTM) | 12.41 |
| EPS (TTM) | 3.29 |
| Earnings Date | Nov 26, 2019 |
| Forward Dividend & Yield | 1.10 (2.74%) |
| Ex-Dividend Date | 2019-09-12 |
| 1y Target Est | 39.71 |
- Yahoo Finance Video
Significant room for athletic apparel to grow: analyst
Raymond James sees continued growth in the athletic industry for at least the next 10 years thanks to health and wellness trends that have refined how consumers are dressing. Yahoo Finance’s Jen Rogers, Myles Udland and Emily McCormick discuss on The Final Round.
- Yahoo Finance
Amazon's stock is not looking too hot ahead of Black Friday
Amazon’s stock price hints it may not be a supremely merry holiday season for the internet beast.
- Yahoo Finance
J.C. Penney reports earnings — here is why investors are cheering
What you need to know about J.C. Penney's latest challenging quarter.
- MarketWatch
Michaels names Vidya Jwala to newly-created role chief customer role
The Michaels Companies Inc. has named Vidya Jwala to a newly-created executive role, chief customer officer. The CCO will be in charge of strategy that brings together the digital and brick-and-mortar channels. Jwala will lead a number of initiatives including marketing, loyalty and business analytics. He joins from Dick's Sporting Goods Inc. where he was chief e-commerce and supply chain officer. Michaels also named Scott Lindblom chief information officer and Holly Shaskey-Platek chief human resources officer. Michaels stock has fallen by half over the past year while the S&P 500 index is up 14.1% for the period.
- PR Newswire
DICK'S Sporting Goods Names Anne Fink to its Board of Directors
PITTSBURGH , Nov. 15, 2019 /PRNewswire/ -- DICK'S Sporting Goods, Inc. (NYSE: DKS), the largest U.S. based full-line omni-channel sporting goods retailer, today announced that Anne Fink , President, Global ...
- Simply Wall St.
Why We’re Not Keen On DICK'S Sporting Goods, Inc.’s (NYSE:DKS) 8.6% Return On Capital
Today we'll look at DICK'S Sporting Goods, Inc. (NYSE:DKS) and reflect on its potential as an investment. To be...
- Moody's
WFRBS Commercial Mortgage Trust 2013-C15 -- Moody's affirms eight classes of WFRBS 2013-C15
The ratings on six principal and interest (P&I) classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. Moody's rating action reflects a base expected loss of 7.2% of the current pooled balance, compared to 6.2% at Moody's last review. Moody's base expected loss plus realized losses is now 5.9% of the original pooled balance, compared to 5.5% at the last review.
- Moody's
Morgan Stanley Capital I Trust 2015-MS1 -- Moody's affirms seven classes of MSC 2015-MS1
Moody's rating action reflects a base expected loss of 3.6% of the current pooled balance, compared to 4.1% at Moody's last review. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating.
- Moody's
Morgan Stanley Capital I Trust 2019-MEAD -- Moody's assigns provisional ratings to six CMBS classes of Morgan Stanley Capital I Trust 2019-MEAD
Moody's approach to rating this transaction involved an application of Moody's Approach to Rating Large Loan and Single Asset/Single Borrower CMBS and Moody's Approach to Rating Structured Finance Interest-Only (IO) Securities. The structure's credit enhancement is quantified by the maximum deterioration in property value that the securities are able to withstand under various stress scenarios without causing an increase in the expected loss for various rating levels.
- Zacks
Why Dick's (DKS) is Poised to Beat Earnings Estimates Again
Dick's (DKS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- Bloomberg
Nike Pulling Its Products From Amazon in E-Commerce Pivot
(Bloomberg) -- Nike Inc. is breaking up with Amazon.com Inc.The athletic brand will stop selling its sneakers and apparel directly on Amazon’s website, ending a pilot program that began in 2017.The split comes amid a massive overhaul of Nike’s retail strategy. It also follows the hiring of ex-EBay Inc. Chief Executive Officer John Donahoe as its next CEO -- a move that signaled the company is going even more aggressively after e-commerce sales, apparently without Amazon’s help.“As part of Nike’s focus on elevating consumer experiences through more direct, personal relationships, we have made the decision to complete our current pilot with Amazon Retail,” the company said in a statement. “We will continue to invest in strong, distinctive partnerships for Nike with other retailers and platforms to seamlessly serve our consumers globally.”Some big brands shun Amazon’s platform, where fakes flourish and unauthorized sellers undercut prices -- a recipe that diminishes the value of sought-after labels. The unraveling of the Nike arrangement threatens to reinforce retailers’ unease. Under the pilot program, Nike acted as a wholesaler to Amazon, rather than just letting third-party merchants hawk its products on the site.Amazon operates an online marketplace, essentially a digital mall where merchants can sell products. More than half of all goods sold on Amazon come from independent merchants who pay the Seattle-based company a commission on each sale. Amazon also operates as a traditional retailer, buying goods from wholesalers and selling them to customers.Nike said it will continue to use Amazon’s cloud-computing unit, Amazon Web Services, to power its apps and Nike.com services.Amazon, through a spokeswoman, declined to comment. The company has been preparing for the move, according to two people familiar with the matter. It has been recruiting third-party sellers with Nike products so that the merchandise is still widely available on the site, they said. Amazon has also been working to stem the flow of counterfeits on the site through various initiatives, including one project that lets brands put unique codes on their products to make it easier to identify fakes.Nike shares rose as much as 1.4% in New York trading Wednesday, while Amazon was off as much as 0.6%.‘Enormous Reach’The question now is whether other Amazon partners follow Nike’s lead. Few other brands possess the kind of muscle Nike has, so it may be harder for them to leave.“Nike has enormous reach and its products are in demand, so it can afford to be selective about where its products are distributed because customers will come find Nike where it is offered,” said Neil Saunders, an analyst at GlobalData Retail. “I don’t think as many brands can be as selective as Nike.”For years, the only Nike products sold on Amazon were gray-market items -- and counterfeits -- sold by others. Nike had little control over how they were listed, what information about the product was available and whether the products were even real.That changed in 2017, when Nike joined Amazon’s brand registry program. Executives hoped the move would give them more control over Nike goods sold on the e-commerce site, more data on their customers and added power to remove fake Nike listings. The news of the Amazon tie-up, which Nike executives called a “small pilot,” sent shoe-retailer stocks tumbling and left many wondering if other major Amazon holdouts would quickly follow.But Nike reportedly struggled to control the Amazon marketplace. Third-party sellers whose listings were removed simply popped up under a different name. Plus, the official Nike products had fewer reviews, and therefore received worse positioning on the site.Leaving Amazon won’t necessarily solve Nike’s problems, which represent a big brand struggling to adapt to selling products in the digital age, said James Thomson, a former Amazon employee who now helps brands sell products online through Buy Box Experts.“Just because Nike walks away from Amazon doesn’t mean its products walk away from Amazon and doesn’t mean its brand problems disappear,” Thomson said. “Even if every single Nike product isn’t on Amazon, there will be enough of a selection that someone looking for Nike on Amazon will find something to buy.”Fewer PartnersShortly after its Amazon pilot began, Nike unveiled plans to overhaul its retail strategy. With more attention aimed at direct-to-consumer avenues, particularly the Nike app and Nike.com, executives said the company would drastically reduce the number of retailers it partnered with.In 2017, Nike did business with 30,000 retailers around the world. Elliott Hill, currently the company’s head of consumer and marketplace operations, told investors that year that Nike would focus its future efforts primarily on about 40 partners.Nike wasn’t specific on what would separate those 40 partners from what it called “undifferentiated retail.” Reading between the lines, it appeared to want partners that gave its Nike brand separate space -- such as Nordstrom Inc.’s “Nordstrom x Nike” shop on its website -- and was less interested in retailers that just placed Nike alongside its smaller competitors.The Wall Street Journal reported at the time that Amazon was one of those 40 that Nike intended to prioritize.Analysts said physical sporting-goods retailers would benefit from Nike’s departure from Amazon. The pilot program was an “overhang” to the stock valuation of Foot Locker Inc. that’s now removed, Raymond James analyst Matthew McClintock wrote in a note. Michael Baker of Nomura Instinet called Nike’s decision a modest positive for Dick’s Sporting Goods Inc.Foot Locker was down 0.4% at 9:51 a.m. Wednesday in New York trading, while Dick’s was up 0.6%.What Bloomberg Intelligence Says“Nike’s decision to end its wholesale pilot with Amazon.com is likely aimed at putting more focus on its own direct-to-consumer business, which is a key pillar of its Triple Double strategy. We still believe Nike’s goal for 33% of sales to be digital could be attained ahead of 2022.”\--Poonam Goyal, senior retail analystClick here to read the research.About 68% of Nike’s annual sales come from wholesale channels, down from 81% in 2013. Though wholesale is still the bulk of the company’s sales, in that span Nike’s direct business has grown three times faster than top-line revenue.Nike’s departure will rob Amazon’s brand registry program of a big name -- and potentially stoke the concerns of its partners. Nike’s participation had signaled that Amazon was taking the concerns of major brands seriously.Such brands have expressed frustration that Amazon doesn’t do enough to fight counterfeits. They also fear that giving Amazon too much control over prices will devalue their products.Amazon’s foray into private-label products has added to the fears. The company now sells everything from batteries to mattresses to snacks, further complicating the relationship between Amazon and brands.(Updates with shares in ninth paragraph, analyst comments in 21st paragraph.)\--With assistance from Robert Williams.To contact the reporters on this story: Eben Novy-Williams in New York at enovywilliam@bloomberg.net;Spencer Soper in Seattle at ssoper@bloomberg.netTo contact the editors responsible for this story: Nick Turner at nturner7@bloomberg.net, ;Jillian Ward at jward56@bloomberg.net, John J. Edwards III, Cécile DauratFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- PR Newswire
DICK'S Sporting Goods Announces Participation in the Morgan Stanley Global Consumer & Retail Conference
PITTSBURGH , Nov. 12, 2019 /PRNewswire/ -- DICK'S Sporting Goods, Inc. (NYSE: DKS) today announced that management will present at the Morgan Stanley Global Consumer & Retail Conference on Tuesday, December ...
- Zacks
Another Week of Gains with New Highs Despite Tariff Uncertainty
Another Week of Gains with New Highs Despite Tariff Uncertainty
- Yahoo Finance
Here's everything wrong at Under Armour
Under Armour Q3 earnings beat Wall Street expectations, but the company has a laundry list of fundamental problems its next CEO must fix.
- PR Newswire
DICK'S Sporting Goods Kicks Off The Holiday Season With A Preview Of Its Black Friday Doorbusters And Holiday Hours
PITTSBURGH, Nov. 8, 2019 /PRNewswire/ -- DICK'S Sporting Goods (DKS), the largest U.S.-based, full-line omni-channel sporting goods retailer, announced today a preview of its Black Friday Doorbusters, holiday hours and conveniences for busy shoppers, while also releasing the trailer for the Company's holiday TV spot. "The holidays are always a special time for us at DICK'S, and this year is no different," said Lauren Hobart, President, DICK'S Sporting Goods. Also to come will be the retailer's full Black Friday deals and savings lineup, but today, DICK'S released a handful of Doorbuster deals to help shoppers create moments for their loved ones to Unwrap the Magic of Sport for less.
- Moody's
UBS Commercial Mortgage Trust 2018-C11 -- Moody's affirms eight classes of UBSCM 2018-C11
The ratings on seven P&I classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. Moody's rating action reflects a base expected loss of 5.3% of the current balance. Moody's base expected loss plus realized losses is now 5.2% of the original pooled balance.
- Yahoo Finance
How the CEO of Wrangler and Lee is turning the jeans company around
Kontoor Brands CEO Scott Baxter talks about the jean company's transformation.
- MarketWatch
Under Armour launching Veterans Day collection with Dwayne "The Rock" Johnson
Under Armour Inc. said Thursday that it's launching a new lineup of Project Rock gear in honor of Veterans Day. Project Rock is the brand Under Armour created in partnership with action movie star Dwayne "The Rock" Johnson. The Project Rock x UA Freedom Collection will be sold on the Under Armour website, at Under Armour stores in the U.S. and at Dick's Sporting Goods Inc. locations. The collection will also support Fisher House Foundation, a charity for veterans and their families. The Rock's Project Rock 1 shoes that launched in 2018 sold out in 30 minutes. Under Armour stock is down almost 20% over the last year while the S&P 500 index is up nearly 10% for the period.
- Yahoo Finance
Top retail CEOs weigh in on the holiday shopping season
Expectations on a strong holiday shopping season are running high on Wall Street.
- PR Newswire
DICK'S Sporting Goods Third Quarter Results Call Scheduled for November 26th
PITTSBURGH , Nov. 4, 2019 /PRNewswire/ -- DICK'S Sporting Goods, Inc. (NYSE: DKS) will announce results for the third quarter of fiscal 2019 before the market opens on Tuesday, November 26 th . A conference ...
- Moody's
UBS Commercial Mortgage Trust 2018-C10 -- Moody's affirms seven classes of UBSCM 2018-C10
The ratings on the six principal and interest (P&I) classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. Moody's rating action reflects a base expected loss of 4.7% of the current pooled balance. Moody's base expected loss plus realized losses is also 4.7% of the original pooled balance.
- Yahoo Finance
How Yeti has successfully navigated Trump's trade war with China
Yeti has done good work to overcome U.S. tariffs on China. Yahoo Finance speaks with Yeti CEO Matt Reintjes.
- Yahoo Finance
Twitter banning political ads could look very smart come 2021
Twitter's move to ban political ads will probably look like a savvy business move after the election.
- PR Newswire
DICK'S Sporting Goods Announces the Grand Opening of Two New Stores in November
The retailer will celebrate with Grand Opening festivities at two new locations PITTSBURGH , Oct. 28, 2019 /PRNewswire/ -- DICK'S Sporting Goods (NYSE: DKS), the largest U.S.-based, full-line omni-channel ...
- American City Business Journals
Settlement reached in NC company's slipper suit targeting Dick's, Hibbett Sports
Wilson-based Buyer’s Direct has reached a settlement with a slew of defendants, including Durham-based Implus Footcare. The company had sued Dick’s Sporting Goods, Hibbett Sporting Goods, Academy Limited and “unknown retailers who purchase infringing products from Implus Footcare LLC,” alleging patent infringement over the use of its trademark-protected slippers. The federal lawsuit, filed in December, had accused Implus of ripping off the design patent for foot coverings it calls “Snoozies.” And it had accused the retailers of selling the “infringing foot coverings” without regard to its own purported rights.
