Dick’s Sporting Goods Stock Has Risen 27.6% This Year
As of yesterday, Dick’s Sporting Goods (DKS) stock had risen 27.6% this year, while Hibbett Sports (HIBB) and Big 5 Sporting Goods (BGFV) had fallen 4.4% and 33.6%, respectively. Dick’s Sporting Goods is being driven by its in-house brands, e-commerce, and athletic apparel sales. Dick’s Sporting Goods’ private brands’ business is gaining traction and contributing to its top-line growth. The company is adding more private brand categories and allocating more floor space to in-house brands Top Flite, CALIA, Walter Hagen, and Field & Stream.