

While some businesses are striving to withstand negative financial effects from the pandemic, Dick’s Sporting Goods is saying, “No sweat!” The company had a robust second quarter, seeing an increase in sales of 20.7% over the previous year’s revenues. It seems that sports fans who can’t attend their favorite events are choosing to invest in their own fitness activities.
The Apostle Paul realized that physical fitness had value. After all, he called the body “a temple” for God’s Spirit. (1 Corinthians 6:19) And he compared training the heart and mind to that of an athlete preparing for competition. (1 Corinthians 9:24-27) God values our bodies as well as our minds and souls. Investing in good health is a worthy choice, for sure!
Customers’ interest in physical activity and fitness shaped up to beat Wall Street’s expectations for the company. The variety of merchandise Dick’s offers equips sports fans to participate in many socially distanced activities. Most of the chain’s retail stores offer gear for boating, biking, golfing, weight lifting, climbing, and more. All those activities can be done at least six feet apart.
For its second quarter, Dick’s had total revenue of $2.71 billion. That was $20 million more than analysts on Wall Street had estimated the company would make. The company’s strong performance allowed Dick’s to grow from an investment standpoint too. Its stock sales rose 15% the afternoon that revenues were posted. That means investors were willing to pay more to own a piece of the thriving sports retailer.
Analysts predicted that sporting goods stores would sell less due to the pandemic. They argued that since many schools weren’t reopening for in-person instruction at the start of the school year and few fall sports were being played, then less clothing, footwear, and gear would be sold. Perhaps they underestimated the importance of physical activity to (bored) consumers.
Adults and children alike have begun investing more in physical health. Families are expanding beyond workouts to activities that everyone can enjoy such as hikes, backyard campouts, and fishing. All this works favorably for Dick’s.
Dick’s hopes to press forward with the upward sales trend. But that will depend on customers continuing their own fitness races—or investing in new activities, and the accompanying gear, in the fall.
1st comment!!!!! P.S. This is Caro
That's cool! It's awesome that people are going outside more.
Me and my family got kayaks
Me and my family got kayaks from dicks sporting goods and we like to get things such as life jackets ect. I like going and seeing all the boats fishing rods ect.
3rd comment
I love being outside! I don't remember ever going to Dick's, but I have been to Cabela's and Bass Pro Shop. Both are fun to walk around in !
I love shooting guns!!! I've
I love shooting guns!!! I've shot a: .22 cal handgun and rifle. Also a BB gun. P.S. I shot the 22 cals before the BB gun XD
@all
i have never been in dick's but i actually a week ago got a thousand dollar bike from a bike shop, and i have always loved walking in bike shops.
Yes, it is very fun to walk
Yes, it is very fun to walk around in !
I remember
I remember going to Dick's Sporting Goods.
7th comment
I’ve never been to Dick’s, but I’ve heard about it. Where are they usually located, like are they only on certain states?
@ CADEN W
I have a 22 long rifle , and my dad got a 410 shotgun for me to use. I also LOVE shooting guns!
If you want fitness...
Be Military Fit! thats what my family does for PE (we are homeschooled). for outside stuff we spend an hour with our sled dogs
Glad people are staying fit!
(Be military fit is free on youtube but it is HARD!)
If you want fitness...
Be Military Fit! thats what my family does for PE (we are homeschooled). for outside stuff we spend an hour with our sled dogs
Glad people are staying fit!
(Be military fit is free on youtube but it is HARD!)
If you want fitness...
Be Military Fit! thats what my family does for PE (we are homeschooled). for outside stuff we spend an hour with our sled dogs
Glad people are staying fit!
(Be military fit is free on youtube but it is HARD!)
If you want fitness...
Be Military Fit! thats what my family does for PE (we are homeschooled). for outside stuff we spend an hour with our sled dogs
Glad people are staying fit!
(Be military fit is free on youtube but it is HARD!)
If you want fitness...
Be Military Fit! thats what my family does for PE (we are homeschooled). for outside stuff we spend an hour with our sled dogs
Glad people are staying fit!
(Be military fit is free on youtube but it is HARD!)
When I was younger and we
When I was younger and we lived in a solid concrete apartment complex in China, I biked and skated all the time. Now all we have for that is a driveway, so I can't really do that anymore. :-( I think I went into Dick's once. The only fitness stuff I do is karate once a week, and we also exercise and stuff. I LOVE KARATE!! I'm an orange belt. At our class you start with white, then get yellow, then orange.
@KN
I used to take karate. I got to blue belt.
@KN
What karate association do you practice with?
@Above
I love shooting archery and guns!!! I have a 22 rifle, and also shoot a 20 gauge shotgun. I have also shot my Dad's 22 Hornet before and hit the target my first time!
I love dicks sporting goods!
I'm so glad that they're doing well!