Search Results for “dick's sporting goods” | Page 67

Dick’s Touts Strong Vendor Relationships

September 5, 2018 SGB Executive

Despite aggressive shifts by many vendors to pursue growth in direct-to-consumer (DTC) channels and the widely-covered challenges the chain is facing with Under Armour, Ed Stack, Dick’s Sporting Goods’ CEO, told attendees at Goldman Sachs’ Annual Global Retailing Conference that the chain’s vendor relationship have “never really been better.”

Dick’s Blames Q2 Top-Line Shortfall On Under Armour

August 29, 2018 SGB Executive

Dick’s Sporting Goods reported earnings that easily topped Wall Street’s targets but sales came in well below as weakness from Under Armour continued to place a drag on sales. On a conference call with analysts, Ed Stack, CEO, said the company is “repositioning” its Under Armour business, including gaining more exclusives from the brand while finding other product to fill traditional Under Armour space.

RECALL: Jimmy Hack Golf Swing Trainers

July 29, 2018 SGB Update

The U.S. Consumer Product Safety Commission announced that Jimmy Hack Golf’s Orange Whip golf swing trainers due to injury hazard.

Active-Lifestyle Stocks Bounce Back In First Half

July 3, 2018 SGB Executive

With the nine-year bull market facing some choppiness this year due to a number of macro challenges, many stocks in the athletic-lifestyle space stood out for their outsized performances. Big gainers included Canada Goose, Under Armour, Lululemon, Deckers Outdoor and Crox.

Retail Report Roundup – July 1

July 2, 2018 SGB Executive

Studies arrived last week showing Nike ranked highest among active lifestyle brands, but lost ground on Brand Finance’s annual ranking of the most valuable American brands. Studies also rated the digital expertise of department stores, the relevance of social activism for brands with teens, robust urban population growth and apparel’s expansion online.

Kayak Maker Hemisphere Design Works Sets Course For Growth

May 17, 2018 SGB Executive

Hemisphere Design Works is the result of a 2017 merger between KL Outdoor and GSC Technologies. The newly formed, 500-employee company is now ramping up production of a wide range of kayaks, pedal boats, human-powered fishing boats and paddling accessories under the Sun Dolphin, Evoke, Future Beach and Swiss Cargo brand names.

Sturm, Ruger’s Shareholders Force Company To Address Gun Safety

May 10, 2018 SGB Executive

Sturm Ruger will track and report on gun violence involving the company’s products, after shareholders backed a proposal that the company’s board had recommended not adopting.

Under Armour And Nike Sales Decline At Dick’s In 2017

April 2, 2018 SGB Update

Apparently due to the company’s rapidly-expanding private label business, Dick’s Sporting Goods sold less of both Nike and Under Armour product in 2017 versus the prior year, according to the retailer’s just-released annual 10K report.

Dick’s Touts Growth Opportunities In Footwear And Apparel

March 21, 2018 SGB Executive

Speaking last week at the Bank of America Merrill Lynch Consumer and Retail Technology Conference, Dick’s Sporting Goods’ officials elaborated on its exit from the fitness tracker category and challenges in firearms. But much of its presentation was spent discussing growth opportunities on the footwear and apparel side with brands including Nike, Adidas, Brooks and Patagonia as well as its numerous private labels.

Dick’s Hopes Healthier Margin Outlook Offsets Top-Line Challenges

March 13, 2018 SGB Executive

Dick’s Sporting Goods said on its fourth-quarter conference call that it’s facing top-line challenges in the hunt and fitness tracker categories as well as the Under Armour brand overall. But stronger product innovation from select key partners and the continued expansion of its private brands are expected to result in less margin pressure in 2018 than previously expected.

LL Bean Raises Age To Buy Rifles To 21

March 5, 2018 SGB Update

L.L. Bean became the latest retailer to announce that it will no longer sell guns or ammunition to customers younger than 21.

Fred Meyer Will No Longer Sell Guns To Individuals Under 21

March 1, 2018 SGB Update

Kroger, the nation’s largest grocery chain, said it will stop selling guns and ammunition to customers who are younger than 21 years old. Kroger sells guns at 43 of its 133 Fred Meyer locations in Alaska, Idaho, Oregon and Washington.

Dick’s Celebrates Olympic Contenders

February 14, 2018 SGB Executive

SGB reached out to Ryan Eckel, VP of Brand at Dick’s Sporting Goods, to discuss the inspiration behind the Contenders program, which allows U.S. Olympic and Paralympic hopefuls to work in Dick’s locations to help support their dreams. Twelve participants in the retailer’s Contenders program are participating in PyeongChang.

Dick’s Seen Benefiting From Eagles Win And Bat Regulation Changes

February 7, 2018 SGB Executive

J.P. Morgan reiterated its “Overweight” rating on Dick’s Sporting Goods as it expects a “near-term comp” benefit from the Philadelphia Eagle’s Super Bowl win and an equal benefit from new Little League bat regulation.

Susquehanna Upgrades Dick’s SG To Positive On Weather Benefit

January 23, 2018 SGB Executive

Believing the retailer’s fourth-quarter results should surprise on the upside given management’s conservative guidance and the benefits of cold weather, Susquehanna Financial Group raised its rating on Dick’s Sporting Goods to “Positive” from “Neutral.”