Why Dick's Sporting Goods Stock Skyrocketed to an All-Time High Today
DKSDick's Sporting Goods(DKS) fool.com·2024-05-30 02:01

The retailer's fiscal first-quarter results were surprisingly strong. Shares of sporting-goods retailer Dick's Sporting Goods (DKS 15.28%) skyrocketed on Wednesday after it reported what some analysts described as "blowout" financial results for its fiscal 2024 first quarter. As of 12:30 p.m. ET, the stock was up by 16% and had hit a new all-time high. Sales and profits are surprisingly strong It's been a good few years for Dick's Sporting Goods, and investors have been waiting for its results to finally co ...