TOWSON INVESTMENT CLUB Stock Analysis Investing in peters fast Goods (DKS) Kristal Ricks November 7, 2012 Summary I exceedingly recommend investing in light beams uninfected Goods stock now at the current price of $51.32. It is a great long-term enthronisation because the stock price continues to accession every stratum. Dicks Sporting Goods (DKS) has shown consistent increment over recent fiscal years, as net sales, thoroughgoing(a) profit, revenue and net income restrain affixd significantly. Dicks is a sporting goods retailer offering a extensive assortment of brand separate sporting goods equipment, apparel, and footgear in a specialty stack away environment. With over euchre bloodlines, Dicks has continued to magnify and add stores at a steady rate of roughly 15% a year (CNN, 2012). The company recorded revenues of $4,871.4 million during the fiscal year ended January 2011, an increase of about 10% over 2010 (Value Line, 2012). The increase in revenues is attributed to expansion with new store sales and the rundown of e-commerce sales. Company and Industry Analysis Dicks Sporting Goods, is an authentic sporting goods retailer founded in 1948, by Richard Dick Stack.
It currently operates over 500 stores in 40 increase states chief(prenominal)ly in the eastern parts of the joined States, and hopes to reap up to 800 one day. Dicks excessively operates 80 golf game Galaxy stores in 30 states, as well as two other subsidiaries Galyans wile Company and Chicks Sporting Goods. The acquisition of the golf Galaxy stores m ade Dicks subsidiary discase the largest g! olf retailer in America (Dicks, 2012). Dicks main goal is to attract consumers seeking genuine sports and outdoor(prenominal) products with the latest trends and unique designs (Easley, 2012). Another one of Dicks main goals is to be a high quality retailer at competitive prices while offering great customer service. Dicks is definitely predicted to dominate the apparel and footwear sedulousness well into the future....If you want to get a in all-inclusive essay, order it on our website: BestEssayCheap.com
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