SC 13G/A: DICK'S SPORTING GOODS, INC.
Ticker: DKS · Form: SC 13G/A · Filed: Nov 14, 2024 · CIK: 1089063
| Field | Detail |
|---|---|
| Company | Dick'S Sporting Goods, INC. (DKS) |
| Form Type | SC 13G/A |
| Filed Date | Nov 14, 2024 |
| Risk Level | low |
| Pages | 7 |
| Reading Time | 8 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by DICK'S SPORTING GOODS, INC..
Risk Assessment
Risk Level: low
FAQ
What type of filing is this?
This is a SC 13G/A filing submitted by Dick'S Sporting Goods, INC. (ticker: DKS) to the SEC on Nov 14, 2024.
What is the risk level of this SC 13G/A filing?
This filing has been assessed as low risk.
What are the key financial figures in this filing?
Key dollar amounts include: $0.01 (me of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securitie).
How long is this filing?
Dick'S Sporting Goods, INC.'s SC 13G/A filing is 7 pages with approximately 2,052 words. Estimated reading time is 8 minutes.
Where can I view the full SC 13G/A filing?
The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.
Filing Stats: 2,052 words · 8 min read · ~7 pages · Grade level 9 · Accepted 2024-11-14 12:00:15
Key Financial Figures
- $0.01 — me of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securitie
Filing Documents
- p24-3196sc13ga.htm (SC 13G/A) — 101KB
- 0000902664-24-006553.txt ( ) — 103KB
(a)
Item 1(a). NAME OF ISSUER. The name of the issuer is Dick's Sporting Goods, Inc. (the " Company ").
(b)
Item 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: The Company's principal executive offices are located at 345 Court Street, Coraopolis, PA 15108.
(a)
Item 2(a). NAME OF PERSON FILING: This statement is filed by: (i) Lone Pine Capital LLC, a Delaware limited liability company (" Lone Pine Capital "), which serves as investment manager to Lone Spruce, L.P., a Delaware limited partnership (" Lone Spruce "), Lone Cascade, L.P., a Delaware limited partnership (" Lone Cascade "), Lone Sierra, L.P., a Delaware limited partnership (" Lone Sierra "), Lone Cypress, Ltd., a Cayman Islands exempted company (" Lone Cypress "), and Lone Monterey Master Fund, Ltd., a Cayman Islands exempted company (" Lone Monterey Master Fund ", and together with Lone Spruce, Lone Cascade, Lone Sierra and Lone Cypress, the " Lone Pine Funds "), with respect to the shares of Common Stock that were directly held by each of the Lone Pine Funds. Lone Pine Capital has the authority to dispose of and vote the shares of Common Stock that were directly held by the Lone Pine Funds; (ii) David F. Craver (" Mr. Craver "), Brian F. Doherty (" Mr. Doherty "), Kelly A. Granat (" Ms. Granat "), and Kerry A. Tyler (" Ms. Tyler "), each an Executive Committee Member of Lone Pine Managing Member LLC, which is the Managing Member of Lone Pine Capital, with respect to the shares of Common Stock that were directly held by each of the Lone Pine Funds; and (iii) Stephen F. Mandel, Jr. (" Mr. Mandel "), the Managing Member of Lone Pine Managing Member LLC, which is the Managing Member of Lone Pine Capital, with respect to the shares of Common Stock that were directly held by each of the Lone Pine Funds. The foregoing persons are hereinafter sometimes collectively referred to as the " Reporting Persons ." Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party. None of the Reporting Persons directly own any shares of Common
(b)
Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: The address of the business office of each of the Reporting Persons is Two Greenwich Plaza, Suite 220, Greenwich, Connecticut 06830. CUSIP No. 253393102 13G/A Page 9 of 11 Pages
(c)
Item 2(c). CITIZENSHIP: Lone Pine Capital is a limited liability company organized under the laws of the State of Delaware. Mr. Craver, Mr. Doherty, Ms. Granat, Mr. Mandel and Ms. Tyler are United States citizens.
(d)
Item 2(d). TITLE OF CLASS OF SECURITIES: Common stock, par value $0.01 per share, (the " Common Stock ").
(e)
Item 2(e). CUSIP NUMBER: 253393102 Item 3. IF THIS STATEMENT IS FILED PURSUANT TO §§ 240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: (a) ¨ Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); (b) ¨ Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); (c) ¨ Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); (d) ¨ Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) ¨ Investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) ¨ Employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) ¨ Parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) ¨ Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) ¨ Church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3); (j) ¨ Non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J); (k) ¨ Group, in accordance with Rule 13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: _______________________________________ CUSIP No. 253393102 13G/A Page 10 of 11 Pages Item 4. The information required by Items 4(a) - (c) is set forth in Rows 5 - 11 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person. Item 5. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: x Item 6.
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. DATED: November 14, 2024 /s/ David F. Craver David F. Craver, individually and as an Executive Committee Member of Lone Pine Managing Member LLC, as Managing Member of Lone Pine Capital LLC /s/ Brian F. Doherty Brian F. Doherty, individually and as an Executive Committee Member of Lone Pine Managing Member LLC, as Managing Member of Lone Pine Capital LLC /s/ Kelly A. Granat Kelly A. Granat, individually and as an Executive Committee Member of Lone Pine Managing Member LLC, as Managing Member of Lone Pine Capital LLC /s/ Stephen F. Mandel, Jr. Stephen F. Mandel, Jr., individually and as Managing Member of Lone Pine Managing Member LLC, as Managing Member of Lone Pine Capital LLC /s/ Kerry A. Tyler Kerry A. Tyler, individually and as an Executive Committee Member of Lone Pine Managing Member LLC, as Managing Member of Lone Pine Capital LLC