US-based specialty retailer Dick’s Sporting Goods plans to unveil 40 new outlets in fiscal 2013 as part of its expansion plans.

Investments during the year will also be made towards strengthening the retailer’s omni-channel platform; investments in advanced mobile capabilities, the piloting of pick-up in-store, and growth of the eCommerce team are also on the anvil.

Remodeling of existing stores, relocation of an existing one and implementation of new concepts are part of the company’s plans for 2013.

Capital expenditure for the fiscal has been pegged at $299m a gross basis and approximately $258m a net basis for the company.

Dick’s Sporting Goods Chairman and CEO Edward W. Stack noted that the company had made several important investments in 2012, including the addition of new locations and acquisition of established brands.

"All of these investments have strengthened our foundation and position us for continued growth. We’re optimistic about our outlook for the coming year and excited about our long-term prospects for the future," added Stack.

For the 2012 fiscal year, ended 2 February 2013, the company recorded an impairment charge of $32.37m due to its investment in JJB Sports.

The impairment charge impacted the retailer’s net income, which totaled $290.71m while sales posted an impressive increase to $5.8bn.

Consolidated same store sales increased 4.3% for the year while EBIDTA totaled $212m.
0.71bn.

As of 2 February 2013, the retailer operated a total of 518 Dick’s Sporting Goods outlets in 44 states of the US alongside 81 Golf Galaxy outlets.