Dick's Sporting Goods (DKS)

Add a New Bears Reason Company: Dick's Sporting Goods (DKS) Current price: Headline: (100 character max) Analysis: Cancel 50% agree 2 votes edit Dependence on Eastern Markets Poses Risk of Seasonality Top Contributor: Michael Mitchell | Created when NYSE:DKS was $10.01 | Edit | History Since many of Dick's products are primarily used in the warm months, Dick's earnings are highly seasonal. Furthermore, Dick's typically experiences greater sales during the fourth quarter holiday season. Thus, a stronger or weaker than normal holiday season can considerably help or hurt Dick's. Since the holiday season in 2008 is predicted to be dismal for many retailers, Dick's 2008 earnings may miss their targets. (100 character max) Cancel 0% agree 1 votes edit Vulnerable to Weakening Economy Top Contributor: Michael Mitchell | Created when NYSE:DKS was $10.01 | Edit | History Like most other retailers, Dick's is vulnerable to downturns in the economy, as consumers save more and spend less. Dick's struggled with the economy's downturn in 2008 as sales on net increased 11%, but comparable store sales decreased 3.8% and 7.4% at Dick's stores and Golf Galaxy stores, respectively during Q1 2008. Additionally, in Q3 2008, Dick's comparable store sales decreased 2.8% although its revenue increased 10% following the 2007 acquisition of Chick's. (100 character max) Cancel

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