Highlights of Dick’s Q2 performance include:
- 1% revenue growth to approximately $2.18 billion
- 4% same-store sales decline
- 12% increase in e-commerce
- 6.4% decline in inventory
Dick’s Sporting Goods continues to see digital sales soar as in-store revenue slips, highlighting the need to continue to evolve and expand its omnichannel capabilities.
In Q2, the sporting goods retailer saw its online revenue grow by double-digits, while same-store sales declined by 4%. Shoppers continued embrace of online shopping in the sporting goods and apparel segment has triggered massive investments at Dick’s as it looks to improve the customer experience both in-store and out.
Below are the three key strategic initiatives chairman and CEO Ed Stack has outlined as focus points as Dick’s continues to build out its omnichannel enterprise: