Tag Archives: Dick Sporting Goods

Armed man kills self in Pennsylvania sports store bathroom

Police say an armed man barricaded himself inside an eastern Pennsylvania sports store bathroom and killed himself.

Police say the man entered Dick’s Sporting Goods in Fairless Hills on Saturday night and asked to see a shotgun and ammunition. Once the clerk handed those over, the man pulled out a handgun and ordered the worker to undo the shotgun’s gun lock.

Police say the man then barricaded himself inside a bathroom in the Bucks County store. He didn’t take any hostages.

The store and nearby businesses were evacuated during the four-hour-long standoff.

Police say the gunman died of a self-inflicted gunshot wound. His name wasn’t immediately released. No one else was hurt.

Lt. Henry Ward says the man had been involved in a standoff with Middletown officers in 2002.

…read more
Source: FULL ARTICLE at Fox US News

Dick's to Open Field & Stream Concept Store

By Rich Duprey, The Motley Fool

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Building on a 140-year-old iconic brand, Dick’s Sporting Goods will open a new retail concept store under the Field & Stream banner featuring outdoor equipment, accessories, and services in hunting, fishing, archery, and camping equipment. It expects the store to open the first location in Cranberry Township, Pa., this fall and will meet the evolving needs of hunters, anglers, and outdoorsmen.

“Dick’s Sporting Goods originally began as a bait and tackle shop,” said the sporting-goods store’s president and COO Joe Schmidt. “The Field & Stream store will build upon both brands’ heritage to provide an excellent customer experience for outdoor enthusiasts.”

Best known for its magazine of the same name, Field & Stream features hunting, fishing, and other outdoor activities in the United States. Dick’s acquired the intellectual-property rights to the Field & Stream trademarks in the hunting, fishing, camping, and paddle categories last September. 

At a consumer and retail conference conducted over the past two days, Dick’s said that unlike its namesake stores, it will sell handguns at the Field & Stream retail concept. It plans to open 40 Dick’s Sporting Goods stores in 2013, along with two Golf Galaxy stores and two Field & Stream stores. Dick’s currently operates stores in 44 states and 81 Golf Galaxy stores in 30 states.

The article Dick’s to Open Field & Stream Concept Store originally appeared on Fool.com.

Fool contributor Rich Duprey and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don’t all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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Source: FULL ARTICLE at DailyFinance

Time to Buy This Retail Stock?

By Chris Hill, The Motley Fool

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The following video is from Monday’s MarketFoolery podcast, in which host Chris Hill and analysts Ron Gross and Jason Moser discuss the top business and investing stories of the day.

Shares of Dick’s Sporting Goods tumbled after the retailer reported weaker-than-expected same-store sales and lowered its outlook. Earnings were up 15% and online sales were up 54%. Is the sell-off a buying opportunity for investors? Are UnderArmour and Amazon.com serious threats? In this installment of MarketFoolery, our analysts take stock of the sporting goods landscape.

Amazon may be the king of the retail world right now, but at its sky-high valuation, most investors are worried it’s the company’s share price that will get knocked down instead of its competitors’. We’ll tell you what’s driving the company’s growth and fill you in on reasons to buy and reasons to sell Amazon in our Motley Fool premium report. Simply click here now to get started.

var FoolAnalyticsData = FoolAnalyticsData || []; FoolAnalyticsData.push({ eventType: “TickerReportPitch”, contentByline: “Chris Hill“, contentId: “cms.23076”, contentTickers: “NASDAQ:AMZN, NYSE:UA, NYSE:DKS”, contentTitle: “Time to Buy This Retail Stock?”, hasVideo: “True”, pitchId: “10”, pitchTickers: “NASDAQ:AMZN”, …read more
Source: FULL ARTICLE at DailyFinance

Why Dick's Shares Dropped

By Brian Pacampara, Pacampara, The Motley Fool

Filed under:

Although we don’t believe in timing the market or panicking over market movements, we do like to keep an eye on big changes — just in case they’re material to our investing thesis.

What: Shares of sports equipment retailer Dick’s Sporting Goods sank 10% today after the company’s quarterly results and guidance missed Wall Street expectations.

So what: The stock has rallied over the past few months on optimism over rebounding gun sales, but a first-quarter miss — EPS of $1.03 on revenue of $1.8 billion versus the consensus of $1.06 and $1.86 billion, respectively — coupled with downbeat full-year guidance is forcing Mr. Market to sober up. While gun sales did have a positive impact on the quarter, unexpectedly warm weather conditions, as well as lower demand for Livestrong fitness equipment, weighed heavily on results.

Now what: Management now sees full-year EPS in the range of $2.84 and $2.86, also below Wall Street‘s view of $2.92. “[I]nvestments have strengthened our foundation and position us for continued growth,” Chairman and CEO Edward Stack reassured investors. “We’re optimistic about our outlook for the coming year and excited about our long-term prospects for the future.” With the stock flirting with its 52-week low once again and trading at a reasonable forward P/E of 15, buying into that bullishness might even be a decent idea.

Interested in more info Dick’s? Add it to your watchlist.

The Motley Fool’s chief investment officer has selected his No. 1 stock for the next year. Find out which stock it is in the brand-new free report: “The Motley Fool’s Top Stock for 2013.” Just click here to access the report and find out the name of this under-the-radar company.

The article Why Dick’s Shares Dropped originally appeared on Fool.com.

Fool contributor Brian Pacampara has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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Source: FULL ARTICLE at DailyFinance

Bullish Two Hundred Day Moving Average Cross – DKS

By DividendChannel.com

In trading on Monday, shares of Dick’s Sporting Goods, Inc (NYSE: DKS) crossed above their 200 day moving average of $49.16, changing hands as high as $49.23 per share. Dick’s Sporting Goods, Inc shares are currently trading up about 0.2% on the day. The chart below shows the one year performance of DKS shares, versus its 200 day moving average: …read more
Source: FULL ARTICLE at Forbes Markets