Dick's Sporting Goods, Inc. (DKS)

Name recognition, spread out across the US, Sales and revenue have remained good with a huge cash flow (particularly when compared to the other outdoor/sporting goods retailers). Long term, it should be in good shape.

GOOD SPORTING GOODS STORE

good sporting goods company

Good business model and management. Consumer stocks will take off in next 6-12 months.

among the best managed in retail with room to grow

nobody is looking for dicks , w/ no money to spend ! http://www.madmoneyfund.blogspot.com/ i would stay away from dicks , and the long term buy some dicks on the dips !

No matter what happens in the economy people will stick with their sports. Although I am bearish on the retailers in general, Dick's is the leader in the sporting goods industry. They are here for the long term. I would not hesitate to buy this one on the cheap.

Great numbers at a great price. People are going to keep playing sports, despite the recession.

all those ski & snowboard equipment that rocketed every year end sales & income results - GONE this coming winter - the effect will be catastrophic for this company - underperform market between now and next year.

Current Price: $23.73
Last Trade Time: 9/3/2008 4:02 PM

Sell Limit @ $ 27.75
Sell Stop @ $18.50

In my mind, DKS is the next sporting goods chain like Sports Authority. This is a wild card for me as I like to stay away from retail chains; however, I believe this stock to increase at least 10-15% as soon as the economy turns around.

soon as usa gets moving growth will be huge.

People spend big money on sports. You know how much a pair of Nikes will run you these days?

Near the 52 week low, down on a down market, not on bad business prospects.

At only about 2 times book value, this looks like a deal on a company that still has a lot of room to grow, with stores in only 36 states.

A 12.8 PE on this company makes it a very reasonable buy and I think most people would do well if they bought this company at this level and held on for the long run.

Although it may drop lower on fears of less consumer spending, long run it will do very well. Keep in mind that the fear of less consumer spending does not mean there is less consumer spending. I was at a Dicks store today and there were plenty of people shopping there.

Whats that quote? Be greedy when others are fearful and vice versa? People are fearful on this stock now, and there is no reason to be...Get greedy now.

I work at a local store and have seen a change, after I started in their stock program, and the expantion has been to much to fast. This has effected inventory and a turn over in the store with alot of management changes. This has caused confusion in the store and a lot of "way of doing business" changes. Look for it to continue to go down for next 3-6 months.

New 52 week low. Play on trade down to lower cost leisure time activities (as compared to high cost travel, vacations etc).

This sports retail giant got slammed on consumer spending fears for the week ending May 23rd.

In the short-term, this fear may be justified. But come the end of summer/early fall, parents are going to go back to the stores to buy their kids sports gear because it's a ritual, and even though other things may get cut, parents spening/doting on their children won't for the most part.

Now, what Dick's boss said he worried about, on CNBC's Fast Money, was the slowing sales in its golf section. I'm guessing that's a higher margin area for them. If you've been inside a Dick's Sporting Goods store, you've seen the reworking the company did on their Golf section. It looks like a store within a store. So this looks like a short-term problem, maybe a year to 2 years. But longer-term, more golf courses are being built, and more people are getting to retirement age. That's a longer term bullish sign for golf imho.

Dick's main competition concern at this point is probably Hibbert. We'll have to keep an eye on them to see if Hibbert begins to steal market share from Dick's. It could be the revival of sports stores wars from the late 80's to mid 90's (Anyone else remember The Sports Authority?).

But at $22, DKS is unveralued by more than 30% from its sticker price if the earnings growth estimates are accurate, and we use an average historical P/E of 17.5 (Which happens to be about where it's trading at now).

I expect a short-term bounce in the next 2 weeks for Dick's, as the trader's will take a look at the Smackdown Dicks got this week, and bid it back up 10-15% or so. But Dick's is a longer term story, barring a major recession and long term financial panic.

I saw the big drop coming a mile away. The first thing average people give up when times get hard is name brand stuff. I knew it was going to be a bad quarter for dicks but don't count them out yet. Now is the time to get a potenital 3 bagger at a really cheap price. Dick's is going to do the same thing best buy did to circuit city to all the other sporting good stores. Same situtation with WFMI its got beaten down but be asure they will turn this around. Both companies will probly drop another dollar or two but get them while you can, because in as little as six months both companies will be 10 dollars more expensive but still a great buy at 10 bucks more.

Retail in general coming back....Dick's is one of the best managed with strong bal sht

Dick Is Good