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OFFON

DICK'S SPORTING GOODS, INC.

(DKS)
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Dick's Sporting Goods Becomes Official Sporting Goods Retail Partner of the Wnba

09/21/2021 | 08:00am EDT

The Women's National Basketball Association announced that DICK'S Sporting Goods has been named an Official Marketing Partner of the league beginning in 2021. Through this new multiyear agreement, DICK'S Sporting Goods will become the Official Sporting Goods Retail Partner of the WNBA -- with the alliance built upon the promotion of women's sports, youth participation and player development. As part of their commitment to women's sports, the WNBA and DICK'S Sporting Goods will team up to create initiatives designed to inspire and connect with female athletes of all ages and increase the visibility of WNBA teams and players nationwide. DICK'S Sporting Goods also will use its retail business to bring consumers closer to the game through storytelling and increased availability of merchandise. DICK'S Sporting Goods will carry an assortment of authentic WNBA sports apparel and equipment, including the newly debuted Nike jerseys for every WNBA team, Wilson WNBA basketballs, t-shirts and the immensely popular WNBA Logowoman hoodie in select DICK'S Sporting Goods locations throughout the United States, including all 12 WNBA markets, as well as through the company's website and app. With this collaboration, DICK'S Sporting Goods becomes the largest national retailer for WNBA merchandise.


© S&P Capital IQ 2021
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Financials (USD)
Sales 2022 11 743 M - -
Net income 2022 1 244 M - -
Net cash 2022 289 M - -
P/E ratio 2022 10,0x
Yield 2022 5,58%
Capitalization 10 961 M 10 961 M -
EV / Sales 2022 0,91x
EV / Sales 2023 0,94x
Nbr of Employees 33 450
Free-Float 44,1%
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Mean consensus OUTPERFORM
Number of Analysts 26
Last Close Price 123,73 $
Average target price 138,60 $
Spread / Average Target 12,0%
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Managers and Directors
Lauren R. Hobart President, Chief Executive Officer & Director
Navdeep Gupta Chief Financial Officer & Executive Vice President
Edward W. Stack Executive Chairman & Chief Merchandising Officer
Vladimir Rak Chief Technology Officer
Lawrence J. Schorr Lead Independent Director
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