DKS - DICK'S Sporting Goods: Revising To Sell Rating As Valuation Has Priced In The Upside Already
2024-04-15 23:53:58 ET
Summary
- DICK'S Sporting Goods FY23 performance exceeded expectations, driving the share price above the previous target price.
- DKS showed strong same-store sales growth and margin expansion, gaining market share in core markets.
- The company's new store formats, including House of Sports and smaller 50,000-square-foot stores, are expected to drive future growth.