3 Reasons Why Dick's Sporting Goods Isn't Dying
The U.S. retail sector right now resembles a war zone as companies announce mass store closures hand over fist, but one retailer is growing -- Dick's Sporting Goods. Not only is Dick's opening new stores, but massive new innovation inside those stores is fueling growth. The competition between Nike and Under Armour at Dick's is sparking innovation for both brands, while cutting down its fitness equipment section and adding wearable device shops will keep Dick's from going to the retail grave.
At the time of publication, Sozzi was long XXX, although positions may change at any time.
At the time of publication, Sozzi held no position in the stocks mentioned.
Brian Sozzi is the CEO and Chief Equities Strategist of
. He is responsible for developing and managing an equities portfolio of mid- and large-cap positions, in addition to leading the firm's digital content initiatives. He is also a personal finance columnist for
Men's Health
magazine.
