The Company offers its products through a content-rich e-commerce platform that is integrated with its store network and provides customers with the convenience and expertise of a hour storefront. It offers products to its customers through its retail stores and online. The Company offers hardlines, which include items, such as sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear. The public company is based in Coraopolis, Pennsylvania, outside Pittsburgh, and has approximately 30, employees, as of January For a distributor, this is a well known sport goods retailer that can get your products to move as fast as possible. With the awesome varieties they offer and the established customer base, it can be easily deduced that there are customers already dedicated to what they sell.
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Year-over-year comps were flat in the company's most recent quarter, near the high end of management's guidance. To realize further share price gains, of course, Dick's will need to return to moderate revenue growth paced by even healthier comparable sales. Below, we'll isolate Stack's quotes and discuss their significance within Dick's Sporting Goods' larger picture going forward. By design, we made strategic inventory investments into key growth categories as prior year inventory levels were running too lean. Investors are rather quick to worry about rising inventory levels in companies that sell variable merchandise such as Dick's. Tastes in athletic apparel and sporting goods change frequently, and often, higher inventory at the end of a reporting period serves as an early indicator of a slowdown in sales. Thus, CEO Ed Stack preemptively pointed out in his prepared comments that this quarter's buildup, relative to the comparable period, is purposeful.
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