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Comparable sales disappoint at Dicks Sporting Goods – Dick's Sporting Goods, Inc. (NYSE: DKS)

Dicks Sporting Goods (NYSE: DKS) fell 8% after comparable second-quarter revenues tumbled 1.9% to miss the consensus estimate for a 0.7% decline , Adjusted for the calendar effects, comparable store sales fell by 4.0% in the quarter. E-commerce revenue increased 12% to 11% of total revenue from 9% a year ago. The company's gross margin improved 80 basis points to …

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Dicks Sporting Goods reports stronger than expected sales, earnings despite weapon sales restrictions

CORAOPOLIS, Pennsylvania – In February, Dicks Sporting Goods decided to stop selling high-powered assault rifles and magazines and raise the minimum age for buying a firearm to 21. Pain management executives. Instead, they got good news. Dick's Sporting Goods share price rose by up to 27 percent after reporting quarterly sales and earnings more than expected. It is the first …

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Dicks: Solid Long-Term Value, But Are There Better Opportunities Elsewhere? – Dicks Sporting Goods, Inc. (NYSE: DKS)

Members of my private investor community Rating 360 have the opportunity to discuss this idea and others in more detail with me . Update This post is a follow up to my original article from last December entitled "Despite the current headwinds, Dick's sporting goods will get bigger and stronger" 19659009]. [19659002] If you could not read the article when …

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Dicks Sporting Goods destroy assault rifles

Dicks destroys a ton of firearms. Joe Raedle / Getty Images Dicks Sporting Goods destroys its unsold assault rifles after announcing in February that they will no longer sell the weapons. "We are in the process of destroying all firearms and accessories that are no longer available for sale due to our political change on February 28," said a spokeswoman …

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Dicks Sporting Goods to destroy all unsold firearms that were pulled out of the shelves after Parkland shooting

Dick's sporting goods announced that it would destroy the firearms that the company took off the shelves in February. (Reuters) Dicks Sporting Goods announced on Monday that it would destroy all unsold firearms that it had pulled out of the store shelves in February after the deadly Parkland School Shooting. The sports retailer decided to destroy the assault rifles instead …

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