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Dick’s Sporting Goods, Inc. – ‘8-K’ for 3/13/24

On:  Thursday, 3/14/24, at 7:07am ET   ·   For:  3/13/24   ·   Accession #:  1089063-24-11   ·   File #:  1-31463

Previous ‘8-K’:  ‘8-K’ on 11/21/23 for 11/20/23   ·   Latest ‘8-K’:  This Filing

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  As Of               Filer                 Filing    For·On·As Docs:Size

 3/14/24  Dick’s Sporting Goods, Inc.       8-K:2,7,8,9 3/13/24   12:1.5M

Current Report   —   Form 8-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     39K 
 2: EX-99.1     Miscellaneous Exhibit                               HTML    465K 
 3: EX-99.2     Miscellaneous Exhibit                               HTML     14K 
 7: R1          Cover Page                                          HTML     45K 
 9: XML         IDEA XML File -- Filing Summary                      XML     11K 
12: XML         XBRL Instance -- dks-20240313_htm                    XML     14K 
 8: EXCEL       IDEA Workbook of Financial Report Info              XLSX      8K 
 5: EX-101.LAB  XBRL Labels -- dks-20240313_lab                      XML     62K 
 6: EX-101.PRE  XBRL Presentations -- dks-20240313_pre               XML     33K 
 4: EX-101.SCH  XBRL Schema -- dks-20240313                          XSD     10K 
10: JSON        XBRL Instance as JSON Data -- MetaLinks               12±    17K 
11: ZIP         XBRL Zipped Folder -- 0001089063-24-000011-xbrl      Zip     52K 


‘8-K’   —   Current Report

Document Table of Contents

Page (sequential)   (alphabetic) Top
 
11st Page  –  Filing Submission
"Item 2.02. Results of Operations and Financial Condition
"Item 7.01. Regulation Fd Disclosure
"Item 8.01. Other Events
"Item 9.01. Financial Statements and Exhibits
"Signature

This is an HTML Document rendered as filed.  [ Alternative Formats ]



 iX: 
  dks-20240313  
 i 0001089063 i false00010890632024-03-132024-03-13

 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 WASHINGTON, DC 20549

FORM  i 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
 
Date of report (Date of earliest event reported):   i March 13, 2024
 
 i DICK'S SPORTING GOODS, INC.
(Exact name of registrant as specified in its charter)
 i Delaware i 001-31463 i 16-1241537
(State or Other Jurisdiction of Incorporation)
(Commission File Number)(IRS Employer Identification No.)

 i 345 Court Street,  i Coraopolis,  i PA  i 15108
(Address of Principal Executive Offices)
 
( i 724 i 273-3400
(Registrant's Telephone Number, Including Area Code)
 
N/A
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 i  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 i  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 i  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 i  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
 i Common Stock, $0.01 par value i DKS i The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging Growth Company  i 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o




TABLE OF CONTENTS
 
 




ITEM 2.02.     RESULTS OF OPERATIONS AND FINANCIAL CONDITION
 
On March 14, 2024, the Company issued a press release announcing its results for the fourth fiscal quarter ended February 3, 2024 and certain other information that is furnished as Exhibit 99.1 to this Form 8-K.

ITEM 7.01.     REGULATION FD DISCLOSURE

The Company is furnishing the following information:

Beginning in fiscal 2024, the Company is revising its method for determining comparable store sales calculations. Comparable store sales measure the growth in sales for the same store location for a particular period from the corresponding period in the prior year and includes both brick and mortar and eCommerce sales.

Prior to fiscal 2024, revenue from the Company’s GameChanger business was excluded from comparable store sales calculations. Beginning in fiscal 2024, GameChanger revenue will be included in its calculations as the Company views the revenue generated from this business similarly to sales from its existing brick and mortar store locations and eCommerce websites. Beginning in fiscal 2024, the Company will refer to this metric as "comparable sales."

The table being furnished and included herewith as Exhibit 99.2 presents quarterly and full year comparable sales results for fiscal 2023 calculated in the same manner as comparable sales will be calculated beginning in fiscal 2024. The table will be made available on the investor relations section of the Company's website at investors.dicks.com and such figures will be reflected as the Company's historical comparable sales results in the future.

ITEM 8.01.     OTHER EVENTS
 
On March 13, 2024, the Board of Directors of Dick's Sporting Goods, Inc. authorized and declared a quarterly dividend in the amount of $1.10 per share on the Company's Common Stock and Class B Common Stock. The dividend is payable in cash on April 12, 2024 to stockholders of record at the close of business on March 29, 2024.

ITEM 9.01.     FINANCIAL STATEMENTS AND EXHIBITS
 
(d)  Exhibits.

The following exhibits are being furnished pursuant to Item 601 of Regulation S-K and General Instruction B.2 to this Form 8-K:
Exhibit No. Description
   
 Press Release dated March 14, 2024 by Dick's Sporting Goods, Inc. furnished herewith
Comparable sales revisions
104Cover Page Interactive Data File (embedded within the Inline XBRL document)




SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
DICK'S SPORTING GOODS, INC.
Date: March 14, 2024By:/s/ NAVDEEP GUPTA
Name:Navdeep Gupta
Title:
Executive Vice President – Chief Financial Officer




Exhibit Index
 
 
Exhibit No. Description
   
 Press Release dated March 14, 2024 by Dick's Sporting Goods, Inc. furnished herewith
Comparable sales revisions
104Cover Page Interactive Data File (embedded within the Inline XBRL document)



Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘8-K’ Filing    Date    Other Filings
4/12/24
3/29/24
Filed on:3/14/24
For Period end:3/13/24
2/3/244
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Filing Submission 0001089063-24-000011   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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