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Stephanie Link, managing director and portfolio manager at Hightower Advisors, highlights strong quarterly performance for AS, with technical apparel up 28%, outdoor category increasing 33%, and ball and racquet segment gaining 10%. Americas sales rose 18%, EMEA was up 21%, and China surged 45%.
Link notes that these results support a positive outlook for DKS.
Link has previously highlighted strong corporate results. She noted ROK's quarterly performance, with discrete, hybrid, and process segments exceeding expectations and operating margin growth. In another report, she cited ELAN's 10% organic growth and raised guidance following its best quarter since going public.