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Cold Weather Stock #5 -
Dick’s Sporting Goods (DKS)When you need to buy North Face and Columbia Sportswear, where do you go? One hot retailer that sells both is Dick’s Sporting Goods (DKS). In November, the company reported better-than-expected third-quarter earnings on rising same-store sales. Dick’s attributed the rise in same-store sales to strong performance of both the North Face and Columbia Sportswear brands. The company also said the increased sales for these brands were likely due to fears of a harsh winter.
Well, we all know that harsh winter came to fruition, and it’s not over yet. As the cold winds continue blowing, look for more shoppers to continue visiting Dick’s Sporting Goods for all of their cold-weather gear.
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