Dick's Sales Surge 119% as it Invests in Stores and Private Labels
Retail Dive | May 27, 2021 With ongoing in-store initiatives, Dick's Sporting Goods reported record sales for Q1, up 119% from last year and up 52% compared to 2019. E-commerce growth came on top of a 110% increase last year, but brick and mortar was the real star, as strong results justified investing more in store concepts and experiential elements. Net income was nearly $362 million, compared to a net loss of $143 million during the pandemic. Compared to 2019, net income s