Exhibit 99.1

          PRESS RELEASE

Dick’s Sporting Goods Reports Fourth Quarter and Full Year Results:

v	EPS Increases 30% for Full Year Over Last Year
v	Comparable Store Sales Increase 2.7% and 2.4% in Fourth Quarter and Full Year, Respectively

PITTSBURGH, Pa., March 11, 2008 — Dick’s Sporting Goods, Inc. (NYSE: DKS) today reported sales and earnings results for the fourth quarter and year ended February 2, 2008. The results include the operating results of Golf Galaxy and Chick’s Sporting Goods for 2007 from their respective acquisition dates, but not for 2006 as Golf Galaxy and Chick’s were acquired on February 13, 2007 and November 30, 2007, respectively.

Fourth Quarter Results (13 weeks compared to 14 weeks last year)

Net income for the 13 weeks ended February 2, 2008 increased 8% to $73.2 million and earnings per diluted share increased 3.3% to $0.62, compared to prior year net income of $67.7 million, or $0.60 per diluted share for the 14 week quarter, which provided an extra week of operations and included the favorable impact of sales of licensed merchandise relating to the Super Bowl, which combined contributed approximately $0.05 to our fiscal 2006 earnings. The Company’s most recent guidance provided on January 15, 2008 was for earnings per diluted share of at least $0.60 – 0.61. The operating results of Golf Galaxy are included in the current period results and the results for Chick’s are included from its November 30, 2007 acquisition date.

Net sales for the 13 weeks increased 18% to $1,212.6 million due to the opening of new stores, the inclusion of Golf Galaxy in this year’s quarterly results (which will be included in Dick’s Sporting Goods comparable store sales calculation beginning in Q1 2008), and a comparable store sales increase of 2.7% on a 13-week to 13-week comparable basis (or an increase of 3.4%, adjusting for the shifted retail calendar). Comparable store sales for Golf Galaxy on a 13-week to 13-week proforma basis decreased 8.8%, or 9.8% after adjusting for the shifted retail calendar.

“We are pleased to have delivered 4th quarter sales and earnings in excess of our guidance, culminating a year in which our business generated a 30% EPS increase. We also made two acquisitions, continued to capture market share in new and existing markets, expanded our merchandise margin, and improved our operating efficiency,” said Edward W. Stack, Chairman and CEO.

New Stores

In the fourth quarter, the Company opened four Golf Galaxy stores, one each in Baltimore, MD; Fairfax, VA; Phoenix, AZ and Washington DC. In addition, Golf Galaxy closed two stores, one each in Memphis, TN and Pittsburgh, PA.

As of February 2, 2008, the Company operated 340 Dick’s Sporting Goods stores in 36 states, with approximately 19.0 million square feet, 79 Golf Galaxy stores in 29 states, with approximately 1.3 million square feet, and 15 Chick’s Sporting Goods stores in California, with approximately 0.8 million square feet.

Full Year Results (52 weeks compared to 53 weeks last year)

Net income for the 52 weeks ended February 2, 2008 increased 38% to $155.0 million and earnings per diluted share increased 30% to $1.33, as compared to prior year 53 week net income of $112.6 million, or $1.02 per diluted share. The operating results of Golf Galaxy and Chick’s have been included in the results from their respective acquisition dates.

Net sales for the 52 weeks increased 25% to $3,888.4 million as compared to the 53 weeks ended February 3, 2007, while comparable store sales at Dick’s stores on a 52-week to 52-week basis increased 2.4%, compared to a 6.0% increase last year. The increase in sales this year was also attributable to the opening of new stores and the inclusion of Golf Galaxy and Chick’s in this year’s results. Comparable store sales for Golf Galaxy on a proforma basis were flat for the year.

Current 2008 Outlook

The Company’s current outlook for 2008 is based on current expectations and includes “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act as described later in this release. Although the Company believes that comments reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct.

“We are cautiously optimistic about our business prospects in 2008,” said Edward W. Stack, Chairman & CEO. “This year we will add approximately 46 Dick’s stores, 10 Golf Galaxy stores, and will open a new distribution center in Atlanta to support our continued growth. We will continue to build our private brand strategy with partnerships with Nike ACG, adidas baseball, Reebok apparel and our newest brand Maxfli. Even with all of these key initiatives we can’t ignore the uncertain macro economic environment we are all currently facing.”

v Full Year 2008

• Based on an estimated 121 million diluted shares outstanding, the Company anticipates reporting consolidated earnings per diluted share of approximately $1.49 – 1.54. This represents an approximate 12 — 16% increase over earnings per diluted share for the full year 2007 of $1.33.

• Comparable store sales, which include Dick’s Sporting Goods and Golf Galaxy stores, are expected to be approximately flat to an increase of 1%. The Golf Galaxy stores are included in the comparable store sales calculation beginning in the first quarter of 2008. The comparable store sales calculation excludes the Chick’s Sporting Goods stores.

• The Company expects to open approximately 46 new Dick’s Sporting Goods stores, ten new Golf Galaxy stores and relocate one Dick’s store in 2008.

v First Quarter 2008

• Based on an estimated 119 million diluted shares outstanding, the Company anticipates reporting consolidated earnings per diluted share of approximately $0.16 - 0.19, as compared to first quarter 2007 earnings per diluted share of $0.19.

• Comparable store sales, which include Dick’s and Golf Galaxy stores, are expected to decrease approximately 1 – 4%. The comparable store sales calculation excludes the Chick’s Sporting Goods stores.

• The Company expects to open approximately eight new Dick’s stores and four new Golf Galaxy stores in the first quarter.

Conference Call Info

The Company will be hosting a conference call today at 10:00 am eastern time to discuss the fourth quarter and full year results. Investors will have the opportunity to listen to the earnings conference call over the internet through the Company’s web site located at http://www.dickssportinggoods.com/investors. To listen to the live call, please go to the web site at least fifteen minutes early to register, download and install any necessary audio software.

For those who cannot listen to the live broadcast, the webcast will be archived on the Company’s web site for approximately 30 days. In addition, a dial-in replay will be available shortly after the call. To listen, investors should dial (888) 286-8010 (domestic callers) or (617) 801-6888 (international callers) and enter confirmation code 99877384. The dial-in replay will be available for 30 days following the live call.

Forward-Looking Statements Involving Known and Unknown Risks and Uncertainties

Except for historical information contained herein, the statements in this release are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You can identify these statements by forward-looking words such as “may,” “will,” “expect,” “anticipate,” “believe,” “guidance,” “estimate,” “intend,” “predict,” and “continue” or similar words. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company’s actual results in future periods to differ materially from forecasted results. Those risks and uncertainties include, without limitation, changes in economic and market conditions that affect consumer spending, changes in consumer demand, competitive pressures, weather conditions, litigation and our ability to manage our operations and growth. Known and unknown risks and uncertainties are more fully described in the Company’s Annual Report on Amendment No. 1 to Form 10-K/A for the year ended February 3, 2007 as filed with the Securities and Exchange Commission on June 5, 2007, and other reports filed with the Securities and Exchange Commission. The Company disclaims any obligation and does not intend to update any forward-looking statements except as may be required by the securities laws.

The prior period EPS numbers presented in this press release have been adjusted to give effect to the two-for-one stock split, in the form of a stock dividend, which became effective on October 19, 2007 to our stockholders of record on September 28, 2007.

About Dick’s Sporting Goods, Inc.

Dick’s Sporting Goods, Inc. is an authentic full-line sporting goods retailer offering a broad assortment of brand name sporting goods equipment, apparel, and footwear in a specialty store environment. As of February 2, 2008, the Company operated 340 Dick’s Sporting Goods stores in 36 states primarily throughout the eastern half of the U.S. The Company also owns Golf Galaxy, a multi-channel golf specialty retailer, with 79 stores in 29 states, ecommerce websites and catalog operations and Chick’s Sporting Goods which operates 15 specialty sporting goods stores in Southern California.

Dick’s Sporting Goods, Inc. news releases are available at http://www.dickssportinggoods.com/ (click on the Investor Relations link at the top of the home page).

Contact:

Timothy E. Kullman, EVP – Finance, Administration & Chief Financial Officer or
Anne-Marie Megela, Director, Investor Relations
724-273-3400
investors@dcsg.com

DICK’S SPORTING GOODS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF INCOME — UNAUDITED
(In thousands, except per share data)

	13 Weeks Ended					14 Weeks Ended
	February 2,		% of			February 3,		% of
	2008		Sales (1)			2007		Sales
Net sales	$	1,212,615		100.00	%	$	1,026,275		100.00	%
Cost of goods sold, including occupancy and distribution costs		836,295		68.97			705,973		68.79
GROSS PROFIT		376,320		31.03			320,302		31.21
Selling, general and administrative expenses		250,356		20.65			203,759		19.85
Pre-opening expenses		1,314		0.11			1,427		0.14
INCOME FROM OPERATIONS		124,650		10.28			115,116		11.22
Interest expense, net		2,730		0.23			2,253		0.22
INCOME BEFORE INCOME TAXES		121,920		10.05			112,863		11.00
Provision for income taxes		48,749		4.02			45,145		4.40
NET INCOME	$	73,171		6.03	%	$	67,718		6.60	%
EARNINGS PER COMMON SHARE:
Basic	$	0.66				$	0.65
Diluted	$	0.62				$	0.60
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
Basic		111,033					104,982
Diluted		117,721					113,130

(1) Column does not add due to rounding

DICK’S SPORTING GOODS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF INCOME — UNAUDITED
(In thousands, except per share data)

	52 Weeks Ended					53 Weeks Ended
	February 2,		% of			February 3,		% of
	2008		Sales (1)			2007		Sales (1)
Net sales	$	3,888,422		100.00	%	$	3,114,162		100.00	%
Cost of goods sold, including occupancy and distribution costs		2,730,359		70.22			2,217,463		71.21
GROSS PROFIT		1,158,063		29.78			896,699		28.79
Selling, general and administrative expenses		870,415		22.38			682,625		21.92
Pre-opening expenses		18,831		0.48			16,364		0.53
INCOME FROM OPERATIONS		268,817		6.91			197,710		6.35
Interest expense, net		11,290		0.29			10,025		0.32
INCOME BEFORE INCOME TAXES		257,527		6.62			187,685		6.03
Provision for income taxes		102,491		2.64			75,074		2.41
NET INCOME	$	155,036		3.99	%	$	112,611		3.62	%
EARNINGS PER COMMON SHARE:
Basic	$	1.42				$	1.10
Diluted	$	1.33				$	1.02
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
Basic		109,383					102,512
Diluted		116,504					110,790

(1) Column does not add due to rounding

DICK’S SPORTING GOODS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(Dollars in thousands)

	February 2,		February 3,
	2008		2007
	(unaudited)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	50,307	$	135,942
Accounts receivable, net		62,035		39,687
Income taxes receivable		—		15,671
Inventories, net		887,364		641,464
Prepaid expenses and other current assets		50,274		37,015
Deferred income taxes		19,714		—
Total current assets		1,069,694		869,779
Property and equipment, net		531,779		433,071
Construction in progress — leased facilities		23,744		13,087
Intangible assets		80,038		9,374
Goodwill		304,366		156,628
Other assets		26,014		42,326
TOTAL ASSETS	$	2,035,635	$	1,524,265
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$	365,750	$	286,668
Accrued expenses		228,816		190,365
Deferred revenue and other liabilities		104,549		87,798
Income taxes payable		62,583		—
Current portion of other long-term debt and capital leases		250		152
Total current liabilities		761,948		564,983
LONG-TERM LIABILITIES:
Senior convertible notes		172,500		172,500
Revolving credit borrowings		—		—
Other long-term debt and capital leases		8,685		8,365
Non-cash obligations for construction in progress — leased facilities		23,744		13,087
Deferred revenue and other liabilities		180,238		144,780
Total long-term liabilities		385,167		338,732
COMMITMENTS AND CONTINGENCIES STOCKHOLDERS’ EQUITY:
Common stock		848		397
Class B common stock		263		134
Additional paid-in capital		416,423		302,766
Retained earnings		468,974		315,453
Accumulated other comprehensive income		2,012		1,800
Total stockholders’ equity		888,520		620,550
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	2,035,635	$	1,524,265

DICK’S SPORTING GOODS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Dollars in thousands)

	Year Ended
	February 2,			February 3,
	2008			2007
	(unaudited)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	155,036		$	112,611
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		75,052			54,929
Deferred income taxes		(32,696	)		(1,110	)
Stock-based compensation		29,039			24,303
Excess tax benefit from stock-based compensation		(34,918	)		(36,932	)
Tax benefit from exercise of stock options		5,396			2,572
Other non-cash items		2,811			2,686
Changes in assets and liabilities, net of acquired assets and liabilities:
Accounts receivable		(8,952	)		(2,142	)
Inventories		(127,027	)		(105,766	)
Prepaid expenses and other assets		(4,267	)		(29,039	)
Accounts payable		12,337			24,444
Accrued expenses		26,222			42,479
Income taxes payable / receivable		114,706			4,750
Deferred construction allowances		22,256			19,264
Deferred revenue and other liabilities		27,839			26,560
Net cash provided by operating activities		262,834			139,609
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures		(172,366	)		(162,995	)
Proceeds from sale-leaseback transactions		28,440			32,509
Payment for purchase of Golf Galaxy, net of $4,859 cash acquired		(222,170	)		—
Payment for purchase of Chick’s Sporting Goods		(69,200	)		—
Net cash used in investing activities		(435,296	)		(130,486	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on other long-term debt and capital leases		(1,058	)		(184	)
Construction allowance receipts		13,282			17,902
Proceeds from sale of common stock under employee stock purchase plan		4,507			3,734
Proceeds from exercise of stock options		30,259			23,042
Excess tax benefit from stock-based compensation		34,918			36,932
Increase in bank overdraft		4,785			8,829
Net cash provided by financing activities		86,693			90,255
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS		134			—
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS		(85,635	)		99,378
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD		135,942			36,564
CASH AND CASH EQUIVALENTS, END OF PERIOD	$	50,307		$	135,942
Supplemental disclosure of cash flow information:
Construction in progress — leased facilities	$	10,657		$	5,749
Accrued property and equipment	$	(6,928	)	$	11,475
Cash paid for interest	$	11,195		$	9,286
Cash paid for income taxes	$	17,832		$	68,483
Stock options issued for acquisition (net of $1,810 tax benefit upon exercise)	$	7,307		$	—

Store Count and Square Footage

The following represents a reconciliation of beginning and ending stores and square footage for the periods indicated:

								Fiscal			Fiscal
								2007			2006
						Chick’s					Dick’s
	Dicks Sporting					Sporting					Sporting
	Goods		Golf Galaxy			Goods (1)		Total			Goods
Beginning stores		294		65			—		359			255
Q1 New		15		10			—		25			8
Q2 New		6		2			—		8			5
Q3 New		25		—			—		25			26
Q4 New		—		4			15		19			—
		340		81			15		436			294
Q4 Closed		—		(2	)		—		(2	)		—
Ending stores		340		79			15		434			294
Relocated stores		1		—			—		1			2

Square Footage:
(in millions)

					Chick’s
	Dick’s Sporting				Sporting
	Goods		Golf Galaxy		Goods		Total
Q1 2006		15.2		0.9		—		16.1
Q2 2006		15.5		0.9		—		16.4
Q3 2006		16.7		0.9		—		17.6
Q4 2006		16.7		0.9		—		17.6
Q1 2007		17.4		1.1		—		18.5
Q2 2007		17.8		1.1		—		18.9
Q3 2007		19.0		1.2		—		20.2
Q4 2007		19.0		1.3		0.8		21.1

(1) Column reflects the 15 Chick’s Sporting Goods stores acquired in the fourth quarter.

Summary Proforma Financial Information

The following unaudited proforma summary presents information as if Golf Galaxy had been acquired at the beginning of the periods presented.

Proforma Results for 14 and 53 Weeks Ended February 3, 2007 — Unaudited ⁽¹⁾
(In thousands, except per share amounts)

	Dick’s Sporting
14 Weeks Ended	Goods		Golf Galaxy			Consolidated
Net Sales	$	1,026,275	$	50,846		$	1,077,121
Net Income (loss)		67,718		(4,597	)		63,121
Basic earnings per share	$	0.65				$	0.60
Diluted earnings per share	$	0.60				$	0.56
Weighted Average Common Shares Outstanding
Basic		104,982		—			104,982
Diluted		113,130		—			113,130

	Dick’s Sporting
53 Weeks Ended	Goods		Golf Galaxy			Consolidated
Net Sales	$	3,114,162	$	274,675		$	3,388,837
Net Income (loss)		112,611		(653	)		111,958
Basic earnings per share	$	1.10				$	1.09
Diluted earnings per share	$	1.02				$	1.01
Weighted Average Common Shares Outstanding
Basic		102,512		—			102,512
Diluted		110,790		—			110,790

(1) The unaudited proforma results present information as if Golf Galaxy had been acquired at the beginning of the periods. The proforma amounts include certain reclassifications to Golf Galaxy amounts to conform them to the Company’s reporting calendar, an increase in pre-tax interest expense for the 14 and 53 weeks ended of $3,216 and $11,787 respectively, to reflect the increase in borrowings under the amended credit facility to finance the acquisition as if it had occurred at the beginning of the periods and use of the statutory tax rate of the Company in effect during the periods presented to determine net income. In addition, Golf Galaxy’s net income for the 14 and 53 weeks ended excludes $1,376 of pre-tax merger related expenses. Further, the proforma amounts do not reflect any benefits from economies which might be achieved from combining the operations. The proforma information does not necessarily reflect the actual results that would have occurred had the companies been combined during the periods presented, nor is it necessarily indicative of the future results of operations of the combined companies.

Non-GAAP Financial Measures

The Company has provided non-GAAP financial information in this earnings release which includes comparable store sales as if Golf Galaxy had been acquired at the beginning of the periods presented. The proforma financial information is considered non-GAAP and is not preferable to GAAP financial information; however, the Company believes this information provides additional measures of performance that the Company’s management and investors can use to compare core, operating results between reporting periods. These non-GAAP measures are provided below and on the Company’s website at http://www.dickssportinggoods.com/ (click on the Investor Relations link at the top of the home page). The Company’s website is not part of this press release.

Proforma Comparable Store Sales

	Dick’s
	Sporting			Golf
	Goods			Galaxy			Consolidated
13 weeks ended February 3, 2007		2.0	%		1.0	%		1.9	%
13 weeks ended February 2, 2008		2.7	%		-8.8	%		2.2	%
52 weeks ended February 3, 2007		6.0	%		0.8	%		5.6	%
52 weeks ended February 2, 2008		2.4	%		-0.1	%		2.1	%

The proforma comparable store sales present information as if Golf Galaxy had been acquired at the beginning of the periods presented and are calculated on a 13-week to 13-week or a 52-week to 52-week basis. The sales have been adjusted to conform to the Company’s reporting calendar and method of reporting comparable sales. Golf Galaxy will be included in the quarterly comparable store base beginning in Q1 2008.

EBITDA

EBITDA should not be considered as an alternative to net income or any other generally accepted accounting principles measure of performance or liquidity. EBITDA, as the Company has calculated it, may not be comparable to similarly titled measures reported by other companies. EBITDA is a key metric used by the Company that provides a measurement of profitability that eliminates the effect of changes resulting from financing decisions, tax regulations, and capital investments.

	13 Weeks Ended			14 Weeks Ended
	February 2,			February 3,
EBITDA	2008			2007
	(dollars in thousands)
Net income	$	73,171		$	67,718
Provision for income taxes		48,749			45,145
Interest expense, net		2,730			2,253
Depreciation and amortization		19,485			15,551
EBITDA	$	144,135		$	130,667
% increase in EBITDA		10	%

	52 Weeks Ended			53 Weeks Ended
	February 2,			February 3,
EBITDA	2008			2007
	(dollars in thousands)
Net income	$	155,036		$	112,611
Provision for income taxes		102,491			75,074
Interest expense, net		11,290			10,025
Depreciation and amortization		75,052			54,929
EBITDA	$	343,869		$	252,639
% increase in EBITDA		36	%

Reconciliation of Gross Capital Expenditures to Capital Expenditures

The following table represents a reconciliation of the Company’s gross capital expenditures to its capital expenditures, net of tenant allowances.

	52 Weeks Ended			53 Weeks Ended
	February 2,			February 3,
	2008			2007
	(dollars in thousands)
Gross capital expenditures	$	(172,366	)	$	(162,995	)
Proceeds from sale-leaseback transactions		28,440			32,509
Changes in deferred construction allowances		22,256			19,264
Construction allowance receipts		13,282			17,902
Net capital expenditures	$	(108,388	)	$	(93,320	)