No Sweat: Dick’s Crushes 2Q as Consumers Focus on Fitness

No Sweat: Dick’s Crushes 2Q as Consumers Focus on Fitness
Gus Promollo delivers an order into a customer's trunk at Dick's Sporting Goods in Paramus, N.J., on May 18, 2020. Seth Wenig/AP Photo
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At home workouts and outdoor athletic activities are shaping up to be good business for Dick’s Sporting Goods. The retailer’s second-quarter results easily beat Wall Street’s expectations as consumers continue to focus on health and wellness while stuck at home amid the coronavirus pandemic.

While many consumers are concentrating on traditional exercise equipment during quarantine, Dick’s merchandise lends itself to various stay-at-home and socially distant activities. The retailer’s stores are full of items for boating, golfing, and climbing.