Image source: Dick’s Twitter page.
Shares of Dick’s Sporting Goods (NYSE: DKS) jumped out of the gym last year, gaining 50% according to data from S&P Global Market Intelligence. The bankruptcies of a number of rival sporting goods chains allowed Dick’s to benefit, and it grabbed market share and profits. As the chart below shows, the bulk of the gains came in the middle of the year, shortly after Sports Authority announced its liquidation.