Goldman Sachs Adds Dick's Sporting Goods (DKS) to US Conviction List After Foot Locker Deal [Yahoo! Finance]
Dick's Sporting Goods Inc (DKS)
Last dick's sporting goods inc earnings: 3/10 07:30 am
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Source: Yahoo! Finance
On January 5, Goldman Sachs analysts added DICK'S Sporting Goods, Inc. (NYSE:DKS) to the firm's US Conviction List in its monthly update. Goldman said Dick's acquisition of Foot Locker puts the company “on the front lines” of “resuscitating” the sneaker category. The firm maintained its Buy rating and kept a $285 price target on the stock. The optimism comes even as Foot Locker is going through a messy reset. In November, DICK'S Sporting Goods, Inc. (NYSE:DKS) missed estimates for Q3 profit and warned it could take up to $750 million in charges tied to a broad review of the Foot Locker business. That review includes store closures and an aggressive inventory cleanup. Foot Locker has been under pressure for years. It has steadily lost market share as major brands, especially Nike, expanded their direct-to-consumer sales channels. On top of that, traffic in malls, where most Foot Locker stores are located, has weakened, which has further dragged down sales. Dick's acquired Foot L
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DKS
Earnings
- 11/25/25 - Miss
DKS
Sec Filings
- 1/6/26 - Form 4
- 12/16/25 - Form 4
- 12/11/25 - Form 4
- DKS's page on the SEC website