Details

Last Funding Type

Post-IPO Debt

Last Funding Money Raised

$1.50B

Industries

Consumer Goods,E-Commerce,Sporting Goods,Sports

Founded date

Jan 1, 1948

Number Of Employee

10001 - max

Operating Status

Active

Stock Symbol

nyse:DKS

DICK’S Sporting Goods was founded in 1948 when an 18 year-old Dick Stack was working at an Army surplus store in Binghamton, New York. An avid fisherman, Dick was approached by the store owner to come up with a list of products needed to get into the fishing tackle business. After Dick presented his suggestions, the owner told him he was a dumb kid and had no idea what he was doing. Dick was upset and promptly quit. He went to his grandmother’s house where he spent a lot of time as a kid and told her what had happened.

Dick’s grandmother asked how much it would cost to build the store himself. Dick said it would cost $300. His grandmother then went to the cookie jar where she kept her life savings and gave him $300 and told him “do it yourself.” Dick used that money and his relentless work-ethic to open a bait-and-tackle shop in Binghamton. By 1958, he expanded his product line to include much of what you’ll find at DICK’S Sporting Goods today.

Ed Stack, Dick’s son, is the current CEO and Chairman of DICK’S Sporting Goods. He and his siblings bought the store from their father and are responsible for taking two stores and growing the chain to over 500 stores.

Dick’s family continues to offer the finest quality products at competitive prices, backed by the best service anywhere. Like you, they have a real passion for sports.

Dick's Sporting Goods, Inc. is an authentic full-line sporting goods retailer offering a broad assortment of brand name sporting goods equipment, apparel and footwear in a specialty store environment. The Company owns and operates Golf Galaxy, LLC, a golf specialty retailer and eCommerce websites and catalog operations for both Dick's Sporting Goods and Golf Galaxy.

Dick's Sporting Goods has acquired 5 organizations. Their most recent acquisition was Galyan's Trading Company on Jun 22, 2004. They acquired Galyan's Trading Company for 0.

Date Company Name	Industry	Acquisition Type	Price
Jun 22, 2004 Galyan's Trading Company	Retail Technology	acquisition	—	Detail
Nov 13, 2006 Golf Galaxy	Retail	acquisition	—	Detail
Nov 26, 2007 Chick's Sporting Goods	Consumer Goods	acquisition	—	Detail
Aug 19, 2016 Affinity Sports	Software	acquisition	—	Detail
Nov 29, 2016 GameChanger Media	Apps	—	—	Detail