- Although sporting goods retail is competitive and highly fragmented, DICK'S Sporting Goods is often the only game in town for big-box name recognition.
- Growing omnichannel sales, double-digit net margins, substantial equity and invested capital returns, excellent debt coverage, and compelling valuations earn a buy rating.
- However, current economic conditions, the lack of an economic moat, and considerable interest from short-sellers could turn a pandemic-winning stock downward.
- Nonetheless, the stock's big bounce after Wednesday's earnings call confirmed my bullish call on DICK'S since early 2019.
For further details see:
DICK'S Sporting Goods: Only Game In Town