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DKS

Dick's Sporting

$36.39

0.075 (0.21%)

07:35
08/29/18
08/29
07:35
08/29/18
07:35

Dick's Sporting reports Q2 e-commerce sales up 12%

Adjusted for the calendar shift due to the 53rd week in 2017, eCommerce sales for the second quarter of 2018 increased 12%. eCommerce penetration for the second quarter of 2018 was approximately 11% of total net sales, compared to approximately 9% during the second quarter of 2017.

  • 29

    Aug

  • 05

    Sep

DKS Dick's Sporting
$36.39

0.075 (0.21%)

06/04/18
EVER
06/04/18
NO CHANGE
EVER
Dick's Sporting 3% Short Position closed in Model Portfolio at Evercore ISI
08/15/18
OTRG
08/15/18
UPGRADE
OTRG
Positive
Dick's Sporting upgraded to Positive from Mixed at OTR Global
08/15/18
OTRG
08/15/18
UPGRADE
OTRG
Positive
Dick's Sporting upgraded to Positive following checks at OTR Global
OTR Global upgraded Dick's Sporting to Positive from Mixed following checks that indicate Q2 sales were aided by favorable weather, increased customer interest in branded products, and price-matching programs.
08/20/18
SUSQ
08/20/18
NO CHANGE
SUSQ
Positive
Nervousness not necessary ahead of footwear retailers' results, says Susquehanna
Susquehanna analyst Sam Poser noted investors are very nervous regarding earnings of footwear retailers, but he sees little to no reason for such nervousness. The analyst believes Dick's Sporting (DKS), Foot Locker (FL), and Hibbett Sports (HIBB) are well positioned heading into earnings. The analyst said product assortment is improving, inventory levels are as clean as they have been in years, and based on forward weeks of supply, all three are at historic lows. Poser believes the combination of better product and clean inventory will provide a revenue and margin tailwind in Q2 and beyond. Poser has a Positive rating on Dick's Sporting, Foot Locker, and Hibbett Sports shares.

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LOW

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