sold dks -- guessing it will get hammered in rate hike ? Thoughts

DKS
Gian Capannesi GuruFocus Premium Icon Aug 6, 2021
sold dks -- guessing it will get hammered in rate hike ? Thoughts
johnbarber GuruFocus PremiumPlus Icon Aug 10, 2021

I was looking at this and by some metrics its extremely cheap. Its EV/EBIT is 7.66 times which is pretty cheap but the stock has rallied a ton to twice what it was pre-pandemic. Why will it give hammered with a rate hike? 

johnbarber GuruFocus PremiumPlus Icon Aug 6, 2021

No idea but a strong dollar is good for US consumers

johnbarber GuruFocus PremiumPlus Icon Aug 10, 2021

Look at SSS growth last quarter!!!! Insanely good.

Giancap GuruFocus Premium Icon Aug 12, 2021

I was getting nervous of the rate-hike - maybe I made a mistake .. too late now I got out to limit risk. Also the GF Value says 'Significantly Overvalued' which made me nervous

fritoshanlon Apr 1, 2022

Just stumbled a crossed this on the magic formula website between this and Williams Sonoma

uunders GuruFocus Premium Icon May 18, 2022

I dont understand why DIcks is so undervalued

Hopefully good results come out may 25th

Praveen Chawla GuruFocus PremiumPlus Icon May 19, 2022

Stimulus is running out. Look at Target - it dropped 25% in a day.

johnbarber GuruFocus PremiumPlus Icon May 20, 2022

I think Targets problem is they can't pass along rising costs to customers due to lower economic position of most clientele and they said they will defend market share which implies they won't be profitable.