10-Q quarterly report · filed Nov 26, 2019

Dick's Sporting Goods Inc (DKS) Q4 2019 10-Q Quarterly Report

Short answer

Dick's Sporting Goods Inc (DKS) filed its Q4 2019 10-Q quarterly report on Nov 26, 2019 for the quarter ended Nov 2, 2019.

Dick's Sporting Goods Inc Q4 2019 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $1,962.2M, up 5.6% YoY from $1,857.3M
  • Gross margin 29.59% vs 28.19%; operating margin 2.33% vs 2.85%
  • Best performers: hardlines, apparel and footwear; worst: hunt category, continued decline
  • Operating cash flow $(212.8)M vs $160.5M; share repurchases $99.5M and dividend $0.275 per share
  • Near-term headwinds: hunt weakness, tariffs, eCommerce fulfillment costs and competitive promotional activity

Risk Factors

  • New tariff risk: U.S.-China trade tensions and new tariffs on Chinese imports threaten sales and profitability
  • Supplier disruption risk: Alternative sourcing, price increases, or operational changes may become necessary
  • Regulatory risk: Potential import restrictions, duties, or taxes could increase product costs
  • Supply-chain risk: Foreign manufacturing exposure creates vulnerability to shipment delays and port constraints
  • Margin risk: Currency fluctuations and higher raw-material prices could raise merchandise costs

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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