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What’s Driving Dick’s Sporting Goods’ Sales

What’s Driving Dick’s Sporting Goods’ Sales

Over the last six quarters, Dick’s Sporting Goods (DKS) has missed analysts’ sales estimates four times and beaten them twice. Sales grew 4.6% and 1.0% YoY (year-over-year) in the first and second quarters, respectively, boosted by e-commerce sales and private brand sales. The company’s comparable store sales have been dismal, with weakness in the hunting and electronics categories.