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Oct. 8, 2020, 10:02 a.m. EDT

Dick's Sporting Goods to increase seasonal hiring to up to 9,000 employees

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By Tomi Kilgore

Dick's Sporting Goods Inc. /zigman2/quotes/200566298/composite DKS -0.75% said Thursday that it will hire up to 9,000 employees for the holiday selling season, marking a 12.5% increase from last year. The stock rose 0.9% in morning trading. The increase comes after the sporting goods retailer said it recently reported fiscal second-quarter ecommerce sales growth of 194% from a year ago, as curbside contactless pickup, buy online, pickup in-store and ship-from-store sales accounted for 75% of ecommerce orders. The retailer said its "National Signing Day" for seasonal positions will launch on Oct. 14. The employees will receive a 15% pay premium through the end of the year, and up to 25% discounts on merchandise. Last year, the company said it was hiring up to 8,000 seasonal employees. The stock has rallied 52.0% over the past three months, while the SPDR S&P Retail ETF /zigman2/quotes/206947004/composite XRT -0.37% has climbed 20.5% and the S&P 500 /zigman2/quotes/210599714/realtime SPX -1.31% has gained 8.6%.

/zigman2/quotes/200566298/composite
US : U.S.: NYSE
$ 72.40
-0.55 -0.75%
Volume: 1.08M
March 3, 2021 4:00p
P/E Ratio
17.87
Dividend Yield
1.73%
Market Cap
$6.54 billion
Rev. per Employee
$210,354
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/zigman2/quotes/206947004/composite
US : U.S.: NYSE Arca
$ 81.58
-0.30 -0.37%
Volume: 1.49M
March 3, 2021 8:00p
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/zigman2/quotes/210599714/realtime
US : S&P US
3,819.72
-50.57 -1.31%
Volume: 2.72B
March 3, 2021 5:03p
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