Long term strategies are paying dividends in shielding the retailer from choppy macroeconomic waters, DKS officials shared at the J.P. Morgan Retail Round Up, with all income demographics still resisting trade-downs and the path clear for guided 1% comp growth in ’24. One metric that got a call out as an under-examined driver for 2023’s +2.4% comp was transaction growth versus inflation-fueled AUR, with no red flags on the horizon thus far for ’24. As Nike and other key partners return to a wholesale focus, Dick’s does not see a flood ... Log in to view full article.