Dick's Sporting Goods (DKS)

Add a New Bulls Reason Company: Dick's Sporting Goods (DKS) Current price: Headline: (100 character max) Analysis: Cancel 100% agree 7 votes   Expansion of Private Labels Boost Gross Margins Top Contributor: Michael Mitchell | Created when NYSE:DKS was $10.01 | Edit | History Its private-label products sell at margins approximately 5-6 percentage points higher than typical branded goods. Dick's has put an increased emphasis on these private-label brands as they have grown as a percentage of total sales from 5.8% in 2002 to 14.1% in 2006. As Dick's moves private-label products into Golf Galaxy stores and increases the presence of these brands in Dick's stores it should help the company continue to increase their gross profits. (100 character max) Cancel 0% agree 0 votes   Acquisitions Promote Growth Top Contributor: Michael Mitchell | Created when NYSE:DKS was $10.01 | Edit | History Dick's acquired Golf Galaxy and Chick's Sporting Goods in 2007, in a move to expand to warmer climates like Texas and California where demand for sporting goods is much less seasonal. (100 character max) Cancel

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