Dick's Sporting Goods Makes a Big Bet On a Key Category

Retailers of all stripes have universally warned of a slowing economy this year, weighed down by rising prices from inflation. As a result, consumers were going to spend less on discretionary items like clothing and electronics.

While true, the evidence also shows that consumers will spend money on merchandise they really want. Which means a retailer’s performance really comes down to what it can control (execution) versus what it can’t (economy).

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