All Dick's Sporting Goods articles
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Infographics & Data
Full list: Global sporting goods industry stock market performers
How did the sporting goods industry do in 2023? Download our list of the 86 stock-listed sporting goods companies and their results from last year.
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News briefs
Former MLS star Mike Magee joins Lotto
WHP Global, the owner of Italian footwear and sportswear brand Lotto, has appointed former Major League Soccer star Mike Magee as its inaugural Head of Talent for its US soccer division. Magee, who spent 13 years in the MLS and has been a part of teams such as NY Red ...
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Article
Peloton Interactive disappoints despite some clear gains
Despite making some strides in Q2, Peloton Interactive did not live up to future sales expectations. The company is now forecasting a Q3 revenue range of $700 to $725 million, below average market guidance of $755.6 million and 3.2 to 6.5 percent below the year-ago quarter’s $749 million. That shortcoming ...
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Article
Nike says it’s “turning the corner” toward greater profitability
Market chatter about Nike’s 9 percent stock price decline over the last month, recent high inventory levels, and 23 percent drop in market value this year had the bears out in force ahead of the company’s Q1 results yesterday. But Nike reported earnings results ahead of expectations and its senior ...
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Article
Hoka sales up 20% in FY24, further supporting Deckers’ growth
Deckers Brands expects Hoka will continue to lead sales growth in the current financial year, forecasting the brand will see a 20 percent increase in its top line after a 58.5 percent jump in the financial year that ended March 31. The majority of Hoka’s growth is expected to come ...
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News briefs
Peloton recalls 2.2 million bikes, share price drops
In conjunction with the U.S. Consumer Product Safety Commission, the connected fitness company Peloton is recalling 2.2 million of its model PL01 bikes due to a potentially faulty seat that caused a reported 13 injuries to consumers that included a fractured wrist, lacerations and bruises. Source: Peloton ...
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News briefs
eBay Ventures invests in U.S. marketplace for new and used sporting goods
SidelineSwap, a U.S. online marketplace for new and used sporting goods, today announced a strategic investment from eBay Ventures, the corporate venture arm of eBay Inc. Founded in 2015, SidelineSwap enables the resale of sporting goods through both its peer-to-peer online marketplace and its trade-in partnerships with retailers and brands. ...
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Article
Nike tops global retailers list among sports retailers
Nike Inc./Nike Direct is the largest sports retailer in the world, according to the “Global Powers of Retailing 2023” report, which Deloitte has just released. Decathlon takes the 2nd spot, followed by Dick’s, JD Sports and Adidas, to complete the Top 5 in the sports retailing sub-category. ...
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Article
Peloton posts strongest quarter in year, but work remains
Peloton Interactive continues to make progress in its turnaround under CEO Barry McCarthy but must achieve numerous objectives in the year ahead if it wants to stay the course.
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Article
Analysis: Sporting Goods Industry stocks suffer double-digit market cap decline
This exclusive analysis shows the development in the market capitalization of the top 87 stock-listed sporting goods companies.
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Infographics & Data
The Largest Sports Retailers Worldwide
Our exclusive annual analysis on the top 50 sports retailers worldwide. The charts and data can be downloaded. This is exclusive data and analysis for Premium Members.
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Analysis
The world’s biggest sports retailers 2021
This exclusive, yearly statistic shows the revenue development of the 50 largest sports retailers worldwide.
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Article
Peloton’s ride to breakeven cash flow results in more layoffs
In an effort to continue to drive the business forward and achieve cash flow breakeven by the end of the current FY23, Peloton is laying off more employees. On Oct. 6, the connected fitness company announced another round of job cuts, the fourth in 2022. The latest action – the ...
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Article
Sporting goods industry stocks down in Q3
According to SGI Europe’s quarterly study of 40 select sporting goods industry stocks, the drop was less than in Q1 (-16.25%) and Q2 (-14.79%) but marked the third consecutive quarterly decline for the segment. But the results were mixed, as the stock prices of 19 companies – led by Xtep ...
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Article
Nike addressing excess inventory; Q1 Ebit falls 13 percent
Nike, ever bullish on its digital approach, is facing an excess-inventory dilemma, contracting gross margins and persistent currency headwinds as it moves into the holiday season. The scenario emerged as the group reported a 22 percent decline in Q1 net income to $1,468 million from $1,874 million for the period ...
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Infographics & Data
Top 50 Sporting Goods Retailers in the Galaxy
This exclusive interactive chart ranks the top 50 sporting goods retailers by revenues in USD for 2020 and percentage growth in their local currency. The charts and data can be downloaded. This is exclusive data and analysis for Premium Members.
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Article
Analysis: The world’s major sports retailers
This exclusive, yearly statistic shows the revenue development of the 50 largest sports retailers.
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Article
Sporting goods industry stocks rose by 10.9% in Q1 2021
Confirming the resilience of our industry, the average stock market value of 38 selected public companies in the sporting goods sector advanced by 10.9 percent in the first three months of 2021. Comparatively, the main stock indices grew by only between 2.4 percent and 8.5 percent over the period.