Dick's Sporting Goods Inc
DKS: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| tZp | LOCK|^@!>> | LOCK|@r%<sX |
Dick’s Sporting Goods Earnings: On-Trend Products and Brand Investment Propel Growth; Shares Rich
We don’t anticipate making a material change to our $155 per share fair value estimate for narrow-moat Dick’s Sporting Goods following its third-quarter results, which featured stronger-than-expected same-store sales growth but slightly underperforming profitability. While we acknowledge the retailer’s strong market position and appeal to both consumers and vendors, we believe the shares remain overpriced.
