DICK’S SPORTING GOODS, INC. (NYSE:DKS) Files An 8-K Results of Operations and Financial Condition
ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION
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ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS;
ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS |
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ITEM 8.01. OTHER EVENTS
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ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
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ITEM 2.02.
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RESULTS OF OPERATIONS AND FINANCIAL CONDITION
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a press release announcing its results for the first>fiscal
quarter ended April 29, 2017>and certain other information
that is furnished as Exhibit 99.1 to this Form 8-K.
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ITEM 5.02.
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DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF
DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. |
Hawaux will retire as the Companys Executive Vice President,
Chief Operating Officer. Mr. Hawaux will remain in his position
through the second quarter of fiscal 2017 and until a date to be
determined at a later time.
Lauren R. Hobart, age 48, as the Companys President effective
immediately. Ms. Hobart joined the Company in February 2011 as
Senior Vice President, Chief Marketing Officer. She was promoted
to Executive Vice President, Chief Marketing Officer in September
2015 and was promoted to Executive Vice President, Chief Customer
Digital Officer in April 2017. Prior to joining the Company, Ms.
Hobart spent 14 years with PepsiCo, Inc., most recently serving
as Chief Marketing Officer for its carbonated soft drink
portfolio in the United States. During her career at PepsiCo, Ms.
Hobart held several other significant marketing roles and also
spent several years in strategic planning. Prior to joining
PepsiCo, Ms. Hobart worked in commercial banking for JP Morgan
Chase and Wells Fargo Bank. Ms. Hobart also serves as a member of
the Board of Directors of Sonic Corp. (Nasdaq: SONC).
target annual incentive award opportunity for 2017 was increased
from 75% to 50% of her base salary of $650,000. There were no
other changes to her compensation.
and is incorporated herein by reference.
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ITEM 8.01.
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OTHER EVENTS
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Goods, Inc. authorized and declared a quarterly dividend in the
amount of $0.17>per share on the Company’s Common Stock and
Class B Common Stock. The dividend is payable in cash on June 30,
2017>to stockholders of record at the close of business on
June 9, 2017.
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ITEM 9.01.
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FINANCIAL STATEMENTS AND EXHIBITS
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Exhibit No.
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Description
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99.1
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Press Release dated May 16, 2017 by Dick’s Sporting
Goods, Inc. furnished herewith |
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99.2
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Press Release dated May 11, 2017 by Dick’s Sporting
Goods, Inc. filed herewith |
About DICK’S SPORTING GOODS, INC. (NYSE:DKS)
Dick’s Sporting Goods, Inc. is an omni-channel sporting goods retailer offering an assortment of sports equipment, apparel, footwear and accessories in its specialty retail stores primarily in the eastern United States. The Company also owns and operates Golf Galaxy, Field & Stream and other specialty concept stores, and Dick’s Team Sports HQ, an all-in-one youth sports digital platform offering free league management services, mobile applications for scheduling, communications and live scorekeeping, custom uniforms and FanWear and access to donations and sponsorships. The Company offers its products through a content-rich e-commerce platform that is integrated with its store network and provides customers with the convenience and expertise of a 24-hour storefront. It offers products to its customers through its retail stores and online. The Company offers hardlines, which include items, such as sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear. DICK’S SPORTING GOODS, INC. (NYSE:DKS) Recent Trading Information
DICK’S SPORTING GOODS, INC. (NYSE:DKS) closed its last trading session 00.00 at 47.57 with 3,899,223 shares trading hands.