Dick's Sporting Goods Inc
DKS: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|NL | LOCK|%k<Y | LOCK|lp!H^?X |
Dick's Sporting Goods: Foot Locker Acquisition Brings Opportunities and Concerns; Shares Overvalued
Dick's Sporting Goods will buy rival athletic apparel and footwear retailer Foot Locker for $2.4 billion in equity value, paid in cash or stock. Separately, Dick's revealed solid preliminary first-quarter results of 4.5% comparable sales growth and $3.37 in adjusted earnings per share.
