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Here's Why DICK'S Sporting is a Solid Investment Pick Now

Zacks Equity Research

DICK’S Sporting Goods Inc. DKS displays solid momentum on its consistent efforts to build the best omni-channel platform by strengthening store network and e-commerce presence. The company’s robust omni-channel initiatives are enriching customer experience across all channels while also augmenting top and bottom lines. Its bottom-line strength is evident from positive earnings surprises reported in seven of the last eight quarters. Additionally, the company’s merchandising strategy, which aims at optimizing inventory to make shelves available for popular and private label brands, bodes well.

These factors have not only aided its quarterly outcome but also boosted the share price, with gains of 22.4% recorded year to date. This compares with the industry’s decline of 0.2% during the same period.

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