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retail as recess
playground playbook

mornin’ merry makers ⚽🏈⚾🏀🎾
when multiple readers text or email me about the same retailer, i listen! so many of you have been asking for a deep dive on dick's sporting goods that i just had to deliver.
i’ll admit that prior to researching this newsie i kinda forgot about them 🫥
i blame this on living in urban centers child-free for the past decade & some change. but after my intensive studying, i can confirm two things:
dick’s sporting goods (dsg) is on 🔥
i’ve got a total girlcrush on their ceo
looking for more proof?
dick’s stock is up a mind-blowing 900% over the past 5 years. that's 9x the s&p 500's performance! for context compared to the same time period, costco is up 200%, apple is up 200%, & walmart is up 100%.
dsg is officially in an exclusive partnership with the LA 28 olympics & team usa.
dsg recently became the sporting retailer of my alma mater, hook’em 🤘
so today we’re chatting all the ways they’re hitting it out of the park!
in today’s letter, you'll learn:
→ how house of sport became retail’s hottest playground & is primed to replace empty department store anchor spots
→ 6 sleeper acquisitions they made that you have missed, including a $100M youth sports app that’s quietly fueling the future of their empire
→ the bold move dick’s made after a mass shooting
→ why their “every kid deserves to play” foundation mission is the most heartwarming and high-margin strategy in retail

history hits
let me hit you with 5 quick facts that'll make you sound like a dick's expert at your next dinner party:

you’ve made it to the good part 😎
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