Dick’s Sporting Goods shares have easily outpaced the S&P 500 over the past year, but it looks like a laggard when compared with fellow athletics retailer Academy Sports & Outdoors
At first, it was easy to dismiss Academy Sports & Outdoors (ticker: ASO) as a pandemic play: People were snapping up outdoor gear and exercise equipment to fill the days at home with activities other than just snacking. But the stock is currently lapping peers and the broader market. So far this year, it has jumped about 22%, compared with a 4.3% rise for the S&P 500.