Retail Stock Soars to Record Highs After Earnings
DKSDick's Sporting Goods(DKS) Schaeffers Research·2024-03-14 22:47

Dick's Sporting Goods Inc (NYSE:DKS) stock is gapping to record highs today, up 13.2% to trade at 212.54atlastglance,earlierhittingapeakof212.54 at last glance, earlier hitting a peak of 222.92. The athletic retailer said its fourth quarter was its largest regarding sales on record, and also issued an upbeat 2024 forecast. Plus, the company raised its quarterly dividend to 10%. Before today's surge, DKS had been moving steadily higher since late November, with support from its 20-day moving average snapping back into place in January. Since the ...