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0.00163452108532202 0.00228832951945081 0.00621118012422364 0.00424975482183729 0.0109512912716574 0.0134030728996404 0.00686498855835243 0
Stock impact report

Dick's Sporting Goods: Upgrading As SG&A Prospects Improve [Seeking Alpha]

Dick's Sporting Goods Inc (DKS) 
Last dick's sporting goods inc earnings: 3/10 07:30 am Check Earnings Report
US:NYSE Investor Relations: investors.dicks.com
Company Research Source: Seeking Alpha
|ServicesDick's Sporting Goods: Upgrading As SG&A Prospects ImproveApr. 29, 2020 11:31 AM ETAbout:DICK'S Sporting Goods, Inc. (DKS)by: Alexander VeytsmanLong/short equity, hedge fund managerSummaryWe are upgrading DKS shares from Neutral to Buy, seeing an upside to the bottom line as a result of furloughing and possible layoffs.Online orders and curbside pickups are so far stronger than anticipated.We recommend to avoid quarterly or annual guidance in 2020.Retail stocks are having a challenging time at present, but this doesn't mean that upgrades do not happen. Specifically, in this note we are upgrading Dick's Sporting Goods (Company Description:Reasons Behind the Upgrade:Targeted Furloughs Preserve the Workforce, While Protecting the Bottom Line in the Interim:Online Orders and Curbside Pickups Are Stronger Than Anticipated:E-Commerce Still Lags Amazon and Other Online Retailers:Cannibalization Fears:So, what are the EPS numbers?Where Do We Go From Here?Valuation:We apply our 2020 E Show less Read more
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