DICK's Sporting Goods (DKS) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.

Palm Valley Capital Fund published its 2020 Q1 investor letter on April 1st. The bearish mutual fund reported a 0.79% gain for the first quarter of 2020. As of the most recent prospectus, the Fund’s gross expense ratio is 2.02% and the net expense ratio is 1.25%. Palm Valley Capital Management has contractually agreed to […]

Dick's (DKS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

DICK'S Sporting Goods, Inc. (NYSE: DKS) will announce results for the first quarter of fiscal 2020 before the market opens on Tuesday, June 2nd.

Dick's Sporting Goods Inc. disclosed Wednesday that it will be furloughing a "significant number" of employees who work at its retail stores, distribution centers and its corporate headquarters starting April 12. The sporting goods retailer said the furloughs are a result of uncertainty surrounding the duration of the store closures given the COVID-19 pandemic. Dick's said it will continue to provide benefits to furloughed employees. Other actions previously taken include suspending share repurchases, cutting capital expenditures and reducing salaries of executives, senior leadership and certain other employees. The stock, which is still inactive in premarket trading, has tumbled 51.8% year to date, while the S&P 500 has lost 17.7%.

Image source: The Motley Fool. Urban Outfitters Inc (NASDAQ: URBN)Q1 2021 Earnings CallMay 19, 2020, 5:15 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood day, ladies and gentlemen.

Peloton, Dick's, General Mills, Kraft Heinz and TreeHouse as Zacks Bull and Bear of the Day

Don't expect safety measures will fall by the wayside at Target once life gets back to some form of normal after the COVID-19 pandemic. Here's what Target's chairman and CEO Brian Cornell told Yahoo Finance.

One good outcome post the worst of the coronavirus? We will probably take better care of ourself, says WW International CEO Mindy Grossman.

(Bloomberg) -- Geckobrands was wary of Amazon.com Inc. when it first started selling waterproof smartphone cases and other outdoor gear seven years ago. The Grandville, Michigan, company knew that getting too cozy with the world’s largest online retailer could alienate the brick-and-mortar stores with which it was trying to develop relationships. When the pandemic struck, Geckobrands products were in more than 3,000 locations, including Dick’s Sporting Goods Inc., the supercenter chain Meijer Inc. and amusement park kiosks.Now many of those stores are closed. With springtime orders tanking and bills piling up, Geckobrands has choked back its aversion to working with Amazon. “Our brand has to be more relevant on Amazon right now,” says Geckobrands President Gabe Miller, whose company now sells 50% more of its products through the e-commerce giant. “Store traffic, whether the retailer is open or closed, is just so suppressed.”Consultants that help brands navigate Amazon’s marketplace say the company is attracting a broad range of vendors that before the outbreak sold everything from fishing gear and art supplies to clothing and beach totes at physical stores. Brands and wholesalers assume that many of their retail partners won’t survive the pandemic, meaning Amazon will probably hang onto much of the new business. Jeff Bezos is spending heavily—and willing to forgo profits—to keep his company running through the pandemic. Amazon’s online sales soared 24% in the first quarter, the fastest pace in four years. Deemed essential, Amazon has a unique opportunity to grab market share while most of its brick-and-mortar rivals are closed. Bezos, who has compared his warehouse workers and delivery contractors to Covid-19 first responders, is betting that strengthening Amazon’s position won’t provoke antitrust regulators already investigating the company. “This is one of those situations where the rich get richer,” says Andrew Lipsman, analyst at EMarketer Inc. “It’s not just Amazon. The top 10 retailers that can remain open have a tremendous advantage and we’re going to see a lot of smaller retailers get washed out.”Before the pandemic, about 45% of brands didn’t sell products on Amazon at all, according to a survey conducted by Feedvisor, which sells pricing software used by online retailers. And more than one-third said they didn’t need Amazon to reach customers. Many brands and wholesalers kept Amazon at arms length because they were concerned it would squeeze their margins, collect precious customer data and copy their most popular products.Showrooming—when shoppers check out products in physical stores and later buy them online—made retailers reluctant to give shelf space to products prominent on Amazon. Nike’s retreat from Amazon last year highlighted brand frustration with Amazon.The pandemic has upended those verities and accelerated the ongoing stampede online. What’s happening now echoes the Toys ‘R’ Us bankruptcy three years ago. The chain shuttered hundreds of stores and left more than $1 billion in annual toy sales up for grabs, most of which went to Amazon, Walmart Inc. and Target Corp. The difference this time is that multiple chains and categories have gone dark.Under normal circumstances, Magpul Industries, an Austin, Texas based gun-accessory maker, would be selling plenty of rifle scopes and stocks through Dick’s, Bass Pro Shops and Cabela’s. But with so many specialty retailers temporarily closed, Magpul is starting to put its wares on Amazon, according to Josh Cowan, a former Amazon executive who helps the brand and dozens of others sell products on the site. “Brands are absolutely terrified to be reliant on Amazon right now, but they have no other choice,” says Cowan, an account manager at Streiff Marketing. “Amazon has been the one place where brands in all categories have said we have to double down.”Ivory Ella, which sells “save the elephants” t-shirts and hoodies and donates proceeds to wildlife conservation, is considering putting inventory on Amazon, which it has traditionally avoided since it prefers online shoppers buy from its own website. The company sells merchandise to hundreds of mostly mom-and-pop gift shops in tourist towns around the country that closed due to the pandemic, putting almost half of its sales in jeopardy.Amazon was never a good fit for the brand's strategy,  says CEO Cathy Quain, but now it has no other choice. “It’s a necessity for us to be where people can shop,” she says. “If we have another surge of the virus come holiday season and retailers have to close in October, November and December, people will be doing most of their shopping on Amazon."Amazon has long enjoyed outsize power over small businesses that generate most of their sales on its site. Now that leverage is expanding to include bigger brands that could previously rely on physical stores for most of their sales. Meanwhile, store closings and shelter-in-place orders have sped up consumers’ stampede online, with Amazon emerging as one of the few remaining sales outlets. Big-box chains like Walmart, Target and Costco Wholesale Corp. are also benefiting because they’re allowed to remain open to sell groceries, along with just about everything else. But they face restrictions on what they can sell in some states while Amazon has eluded any such mandates in the U.S.Amazon’s market power is already being scrutinized by the U.S. government, as part of a larger examination of the grip big technology companies have on the economy. Last week, the chairman of the House Judiciary Committee investigating Amazon threatened to subpoena Bezos if he ignores a request to testify before the committee. The demand followed a Wall Street Journal report that the e-commerce giant used data from third-party sellers on its site to develop competing products, contradicting testimony from an Amazon executive before the panel while under oath last year.The Federal Trade Commission is also investigating the relationship between Amazon and its suppliers to determine if the e-commerce giant uses its market power to stifle competition. Brick-and-mortar store closings only strengthen Amazon’s position. Online sales growth doubled to 30% in March and about tripled in April, according to Lipsman of EMarketer. The pandemic puts Amazon in a unique position of being able to grow quickly even if overall consumer spending shrinks due to rising unemployment and a retrenching economy.The losers are the mom and pops that have closed to protect public health. More than half of small businesses closed and 80% percent have let go employees, according to a survey by the Main Street Alliance, a network of 30,000 small business owners.“One of our major concerns for the long term is the potential for massive corporate consolidation and monopolization of our economy,” says Sarah Crozier, a spokeswoman for the group. “If Main Street is left to wither, the economy will look vastly different at the other end of this.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

Refinitiv Reporting Analyst Jharonne M. Martis joins Yahoo Finance’s Alexis Christoforous and Brian Sozzi to discuss how the retail sector is weathering the coronavirus outbreak.

An apparent slowdown in deaths and hospitalizations from the coronavirus that causes COVID-19 the U.S. epicenter New York weighed against a grim forecast for the global economy and a widening row between President Donald Trump and state governors over how to get Americans back to work.

Bear of the Day: Dick's Sporting Goods (DKS)

Stores are releasing their plans for reopening stores once lockdown orders are loosened, with some opting for appointment-only service and all emphasizing sanitation procedures.

Yahoo Finance catches up with V.F. Corp CEO Steve Rendle to discuss how the owner of Timberland and Vans is navigating the chopping retail environment.

The you know what is about to hit the fan in America's retail sector because of the coronavirus pandemic.

New York, New York--(Newsfile Corp. - May 11, 2020) - Levi & Korsinsky announces it has commenced an investigation of DICK'S Sporting Goods, Inc. (NYSE: DKS) concerning possible breaches of fiduciary duty. To obtain additional information, go to:https://www.zlk.com/compensation2/dicks-sporting-goods-inc-information-request-formor contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.Levi & Korsinsky is a nationally recognized firm with offices in New York, ...

Rating Action: Moody's affirms five and downgrades three classes of MSC 2011- C2. Global Credit Research- 14 Apr 2020. Approximately $616 million of structured securities affected.

Signs emerge that consumers are out there spending their new stimulus checks.

Post coronavirus it's all about location. Location, Location.