Dick’s Sporting Goods Blows Up: Sales Escalate 194%

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Working out outdoors is the name of the game during  the Coronavirus pandemic and investors are loving it. Shares of Dick’s Sporting Goods surprised Wall Street with a sensational earnings report that skyrocketed earnings to 94% for the second quarter.

The company reported consolidated net income for the second quarter ended August 1, 2020 of $276.8 million, or $3.12 per diluted share.

Ed Stack is the current CEO and Chairman of DICK’S Sporting Goods. He and his siblings are responsible for taking two stores and growing the chain. DICK’S continues to offer the finest quality products at competitive prices, supported by teammates with a passion for sports. DICK’S Sporting Goods went public on the New York Stock Exchange on October 15, 2002 under the ticker symbol DKS.Today, headquartered in Pittsburgh, PA, DICK’S Sporting Goods is a leading omni-channel sporting goods retailer offering an extensive assortment of authentic, high-quality sports equipment, apparel, footwear and accessories. As of May 1, 2019, the Company operated more than 720 DICK’S Sporting Goods locations across the United States. Source Dick Sporting Goods

 

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