Diamonds and Dogs


Dicks Sporting Goods (DKS) one of the few stocks trading higher today. Dicks is jumping 13% to new highs following better than expected earnings as revenues rose 7.3% to $3.6 billion. The retailer cited a sales boost from the gift-giving during the holidays even with inflation-weary consumers. Dicks is also seeing a shift in consumer behavior, prioritizing fitness even more than they did pre-pandemic. The company also hiked their dividend 100%.

Norfolk Southern (NSC) not having a good 2023 as a second train derails in Ohio, fatally injuring the conductor. Back on February 3rd, Norfolk freight train carrying hazardous materials derailed in East Palestine prompting a temporary evacuation of the area. Norfolk Southern announced this week a six-point plan to immediately enhance the safety of its operations.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.