Dick’s Sporting Items’ New CEO: Being a Feminine Chief Is a Big Asset

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Lauren Hobart took the top position at Dick’s Sporting Goods Inc. earlier this year, becoming one of several dozen female CEOs to run America’s largest corporations and the third person to run the family-run retailer since it was founded in 1948.

In the past fiscal year, Dick’s comparable revenue – those from stores and digital channels that operated for at least 12 months – grew faster than ever in the company’s history, up 9.9% year-over-year, driven by demand for outdoor and fitness equipment during the pandemic, the company said. The strong demand has continued this year, with a comparable increase in sales of 115% in the first quarter of the business year as of January 1.

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