Professional
Added to YB: 2025-08-18
Pitch date: 2025-06-30
DKS [bullish]
DICK'S Sporting Goods, Inc.
-27.25%
current return
Author Info
No bio for this author
Company Info
DICK'S Sporting Goods, Inc., together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States.
Market Cap
$12.1B
Pitch Price
$193.60
Price Target
N/A
Dividend
3.66%
EV/EBITDA
5.58
P/E
14.59
EV/Sales
0.91
Sector
Specialty Retail
Category
special_situation
Conventum-Alluvium Global Fund Portfolio Holding: DICK'S Sporting Goods, Inc.
DKS (increased position): Acquiring Foot Locker for $2.5B at 6.1x 2024 EBITDA. Market reaction (-14.6%) seems excessive given reasonable acquisition multiple & management's 7-year track record of beating expectations. FL shares fell from mid-$20s to $12.87 pre-offer. DKS generates high 30% ROTC with 6.5% earnings yield.
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