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DICKS SPORTING GOODS INC

For the period ended Feb 3, 2024. Filed Mar 28, 2024.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 28, 2024

DKS$147.69+4.9%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Item 2. Properties

We lease substantially all of our stores, which generally have initial lease terms of 10 to 15 years and contain multiple five-year renewal options and rent escalation provisions. We believe that our leases, when entered into, are at market rate rents. We generally select a new store site 12 to 24 months before its opening. Our stores are primarily located in shopping centers in regional shopping areas, as well as in freestanding locations and malls.

Table of Contents

As of February 3, 2024, we operated 855 stores in 47 states. The following table sets forth the number of stores by state:

StateDICK’S Sporting Goods (1)Specialty Concept Stores (2)Total (3)
Alabama13114
Arizona9312
Arkansas415
California57764
Colorado16218
Connecticut11314
Delaware314
District of Columbia1—1
Florida48957
Georgia23326
Idaho617
Illinois32537
Indiana20222
Iowa729
Kansas10212
Kentucky12214
Louisiana8—8
Maine4—4
Maryland17320
Massachusetts18422
Michigan21526
Minnesota10414
Mississippi7—7
Missouri13215
Nebraska415
Nevada426
New Hampshire7—7
New Jersey19423
New Mexico4—4
New York43346
North Carolina31738
North Dakota1—1
Ohio361046
Oklahoma729
Oregon10212
Pennsylvania391049
Rhode Island213
South Carolina11314
South Dakota1—1
Tennessee17320
Texas48957
Utah527
Vermont2—2
Virginia27633
Washington16—16
West Virginia6—6
Wisconsin13417
Wyoming1—1
Total724131855

(1)As of February 3, 2024, includes twelve DICK'S House of Sport stores, including nine new openings during fiscal 2023, which were either converted or relocated from prior store locations.

(2)Includes our Golf Galaxy, Public Lands, Going Going Gone! and Moosejaw specialty concept stores. As of February 3, 2024, we operated 104 Golf Galaxy stores in 35 states, seven Public Lands stores in seven states, 17 Going Going Gone! stores in 15 states and three Moosejaw stores in three states. In some markets we operate DICK’S Sporting Goods stores adjacent to our specialty concept stores on the same property with a pass-through for our athletes. We refer to this format as a “combo store” and include combo store openings within both the DICK’S Sporting Goods and specialty concept store counts, as applicable. As of February 3, 2024, we operated 18 combo stores.

(3)Excludes Warehouse Sale store locations that are temporary in nature, of which we operated 36 and 43 as of February 3, 2024 and January 28, 2023, respectively.

Table of Contents

The following is a list of significant locations including the approximate square footage and whether the location is leased or owned:

Facility LocationTypeSquare FootageOwnership
Conklin, New YorkDistribution and Fulfillment917,000Owned
Atlanta, GeorgiaDistribution914,000Leased
Plainfield, IndianaDistribution725,000Leased
Goodyear, ArizonaDistribution624,000Owned
Smithton, PennsylvaniaDistribution601,000Leased
Coraopolis, PennsylvaniaCustomer Support Center (CSC)670,000Owned

The land on which our CSC is built is subject to an underlying ground lease with Allegheny County Airport Authority, which expires in 2038. During 2024 we plan to begin construction on a new regional distribution center that is currently expected to be operational in 2026.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.