Dick’s Sporting Goods (DKS) heads into earnings with strong momentum, driven by youth sports and experiential retail. LikeFolio&#x27;s Andy Swan highlights advantages over Academy Sports and Outdoors (ASO), along with tailwinds from Nike (NKE) returning to wholesale. They also examine whether growth and expansion can sustain the rally near highs. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/schwabnetwork Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Ca$htag$: DKS Builds Earnings Momentum as NKE Returns to Wholesale

Schwab Network

Welcome back to Fast Market right here on Schwab Network. I'm Nicole Pedalides alongside Kevin Hanks who's live at the CBOE. And it's time now for Cash Tax. We bring in Andy Swan, co-founder of Likefolio and we're taking a look at Dick's Sporting Goods ahead of the company's earnings due out tomorrow morning. We look at some of the trends in Dick's. The stock has been on an upswing lately and joining me Andy Swan to give us some of your trends that you're seeing.

Yeah, the trends that we're seeing for Dick's Sporting Goods look pretty good. The tailwinds that they have are pretty incredible. When you look at youth sports now is a $40 billion industry with baseball spending alone up 70% since 2019. Seems like parents can't get enough of youth sports. They can't spend enough. They'll do anything for their kid to have any perceived advantage. And sometimes that means that they're going to have a lot of youth sports.

It means a $450 or $600 bat from Dick's Sporting Goods. And Dick's is doing a really good job of capturing these parent wallets. When you look at the consumer demand levels for Dick's Sporting Goods versus peers, it's a one-way race. And Dick's is winning in a big way, outperforming academy sports, outperforming Hibbit sports in a really big way.

So when we look at this, we also see Nike move back to wholesale as a big beneficiary to Dick's. They're starting to sell back through those stores instead of being so focused on direct-to-consumer. So Dick's has a lot of tailwinds going for it, and they're executing really well against those.

Ca$htag$: DKS Builds Earnings Momentum as NKE Returns to Wholesale

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Ca$htag$: DKS Builds Earnings Momentum as NKE Returns to Wholesale

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.