Dick's Sporting Goods Inc

DKS: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Dick's Sporting Goods Earnings: Strong Results Ahead of Foot Locker Deal Close; Shares Overvalued

Dick's Sporting Goods had 5% second-quarter comparable sales growth. Its adjusted operating margin of 13% was down from 13.8% last year on prudent higher digital, store, and marketing investments, and adjusted EPS was $4.38 (up $0.01). The Foot Locker deal should close on Sept. 8.

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