Wednesday, March 8, 2017

Dick’s Sporting Goods details expansion; tops Q4 earnings, sales

The struggles — and exits — of former rivals has proved a boon for Dick’s Sporting Goods, which reported fourth quarter sales and earnings on Tuesday that beat the Street. 
    
The company also announced aggressive store expansion plans. 
 
In 2017, Dick’s plans to open approximately 43 Dick’s Sporting Goods stores, and relocate approximately seven stores. It also expects to open approximately nine Golf Galaxy stores and eight Field & Stream stores this year, largely adjacent to new or relocated Dick’s stores. . . . more

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