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| 8-K - FORM 8-K - DICK'S SPORTING GOODS, INC. | d8k.htm |
 Dick’s Sporting Goods
Baron Funds Conference
October 22, 2010
Exhibit 99.1 |
    DICK’S SPORTING GOODS, INC. SAFE HARBOR STATEMENT
REGULATION G RECONCILIATIONS AVAILABLE ON OUR WEBSITE
Our
presentation
includes,
and
our
response
to
various
questions
may
include,
“forward-looking
statements”
within
the
meaning
of
the
Private
Securities
Litigation
Reform
Act
of
1995.
Such
statements
relate
to
future
events
and
expectations
and
involve
known
and
unknown
risks
and
uncertainties
that
may
cause
the
Company’s
actual
results
or
actions
to
differ
materially
from
those
projected
in
the
forward-looking
statements.
Those
risks
and
uncertainties
include,
without
limitation:
the
current
financial
downturn
and
its
effect
on
consumer
spending;
changes
in
macro
economic
factors
and
market
conditions,
including
the
housing
market
and
fuel
costs,
that
impact
the
level
of
consumer
spending
for
the
types
of
merchandise
sold
by
the
Company;
potential
volatility
in
our
stock
price;
the
tightening
of
availability
and
higher
costs
associated
with
current
and
new
sources
of
credit
resulting
from
uncertainty
in
financial
markets;
the
impact
of
the
financial
and
economic
downturn
on
our
landlords
and
real
estate
developers
of
retail
space,
which
may
limit
the
availability
of
attractive
store
locations
and
the
availability
of
retail
store
sites
on
terms
acceptable
to
us;
the
cost
of
real
estate
and
other
items
related
to
our
stores;
our
inability
to
manage
our
growth,
open
new
stores
on
a
timely
basis
and
expand
successfully
in
new
and
existing
markets;
changes
in
consumer
demand,
the
retailing
environment
and
customer
preferences
and
spending
habits;
competitive
pressures;
unauthorized
disclosure
of
sensitive
or
confidential
information;
the
impact
of
the
current
economic
and
financial
downturn
on
our
suppliers,
vendors,
distributors,
manufacturers
and
their
ability
to
maintain
their
inventory
and
production
levels
and
provide
us
with
sufficient
quantities
of
products
at
acceptable
prices;
pricing
and
promotional
activities
of
competitors;
changes
in
law
and
regulation
including
with
respect
to
consumer
protection
and
labor;
currency
exchange
rate
fluctuations;
serious
disruption
at
our
distribution
or
return
facilities;
impairment
in
the
carrying
value
of
goodwill
or
other
acquired
intangibles;
weather
conditions;
litigation;
risks
associated
with
relying
on
foreign
sources
of
production;
the
loss
of
our
key
executives;
risks
relating
to
e-commerce;
disruption
of
our
current
management
information
systems;
and
risks
and
costs
associated
with
combining
businesses
and/or
assimilating
acquired
companies.
Known
and
unknown
risks
and
uncertainties
are
more
fully
described
in
the
Company's
Annual
Report
on
Form
10-K
for
the
year
ended
January
30,
2010,
as
filed
with
the
Securities
and
Exchange
Commission
(“SEC”)
on
March
18,
2010,
and
in
other
reports
filed
with
the
SEC.
Our
SEC
filings,
these
slides
and
reconciliation
information
required
pursuant
to
Regulation
G,
under
the
Securities
and
Exchange
Act
of
1934,
as
amended,
can
be
found
on
the
investor
relations
page
on
our
website
at
www.dickssportinggoods.com. |
 FULL LINE SPORTING GOODS RETAILER
Focused on the athlete and outdoor enthusiast. |
 FOUNDED IN 1948
By Dick Stack as
a bait and tackle store. |
 DICK’S SPORTING GOODS
ORIGINAL STORE
LOCATION
453½
Court Street
Binghamton, New York |
 NEW YORK
–
Binghamton
–
Vestal |
 1992 –
RAISED
$8,000,000
IN CAPITAL |
 THROUGH 1996 –
RAISED ADDITIONAL
$86,000,000
IN CAPITAL |
 DATE: October 16, 2002
PRICE: $3.00/Share (Split adjusted)
CAPITAL RAISED: $27.9 Million
COMMENTARY:
One of the best performing 2002 IPO’s
STORE COUNT:
141 Stores/25 States
SALES: $1.27 Billion FY2002 |
 DICK’S POSITION IN THE MARKETPLACE
2009 Consolidated Sales (in millions)
Today, Dick’s is the largest full line sporting goods retailer in the country.
* Source: Company filings |
 CONSISTENT STORE GROWTH
(Dick’s Stores)
Expect 26 New Stores in 2010 and approximately 34 new stores in 2011
Note:
Acquired
Galyan’s
in
July,
2004:
48
stores. |
 SOLID SALES GROWTH TRAJECTORY
Consolidated Sales ($ in billions)
Note:
Acquired
Galyan’s
in
July,
2004:
48
stores,
$719
mil
sales
over
the
last
twelve
months
ended
April
2004.
Acquired
Golf
Galaxy
Feb.
13,
2007;
$275mil
sales
over
the
last
twelve
months
ended
Feb.
3,
2007. |
 NET INCOME FROM CONTINUING OPERATIONS
Consolidated Income ($ in millions)
EPS
Guidance
2010
$1.46
to
$1.49 / 21.7%
to
24.2%
increase
over
2009*
*
Reflects
Company
guidance
provided
on
August
19,
2010.
Guidance
is
non-gaap
(excludes
expected
third
quarter
impact
from
the
previously
announced
closure
of
12
underperforming
Golf
Galaxy
stores).
Although
business
conditions
are
subject
to
change,
in
accordance
with
the
Company’s
policy,
this
earnings
guidance
was
effective
at
the
date
given
and
is
not
being
updated
until
the
Company
publicly
announces
updated
guidance.
Note:
Acquired
Galyan’s
in
July,
2004:
48
stores,
$719
mil
sales
over
the
last
twelve
months
ended
April,
2004;
results
include
impact
of
FSP
APB
14-1
&
exclude
M&I
costs,
store
closing
costs
&
gain
or
loss
on
sale
of
investment.
2002,
2003,
2004
&
2005
PF
includes
stock
option
expensing.
Acquired
Golf
Galaxy
Feb.
13,
2007;
$275mil
sales
over
the
last
twelve
months
ended
Feb.
3,
2007.
See
the
Reg.
G
reconciliation
on
our
web
site
under
the
IR
tab. |
 TODAY’S STORE LOCATIONS
425
Dick’s Sporting Goods stores/42 states
At the end of Q2 2010 |
 TOMORROW’S FOOTPRINT
900+ store potential nationwide |
 BRANDS
TOP RETAILER FOR MOST KEY BRANDS |
 NIKE FIELD HOUSE
Dick’s is Nike’s key
strategic apparel partner.
Dick’s has more
Nike shops
than any other retailer. |
 COMMERCIALS
2
1
3
4
5
6 |
 PRIVATE BRANDS
Exclusive and award-winning brands
and styles spanning hardlines,
apparel and footwear.
Positioning for each brand.
Opportunity to increase
penetration levels. |
 e-Commerce
•
Annual sales exceed $100,000,000
•
Meaningful growth opportunity |
 Golf Galaxy
•
Annual sales in excess
of $300,000,000
•
81 locations *
* Based on expectations for FY2010. |
 445 Dick’s Sporting Goods stores
generating over $4,300,000,000 in revenue*
* Based on expectations for FY2010. |
 Dick’s Sporting Goods has significant growth
opportunities in e-Commerce, Golf Galaxy and
we can double Dick’s Sporting Goods store
count in the U.S. |
 |