Dick’s Sporting Goods Reports 194% Q2 Increase in Online Sales
August 26, 2020
A number of sporting goods retailers have reported major boosts to their sales, with people embracing fitness and outdoor activities, while other pastimes are inaccessible. Dick’s Sporting Goods’ digital sales skyrocketed in the quarter running April to June. Online sales, including curbside pickup, grew 194% year-over-year. The company reported that sales at stores that have been open at least 12 months rose 20.7% from a year ago. Online sales accounted for about 30% of total revenue during the quarter, up 12% from the second quarter of 2019. Net sales increased 20.1% year-over-year, to $2.71 billion from $2.26 billion. Read more on Front Office Sports.