The same trends of outdoor living and home fitness that are elevating recreational vehicle retailer Camping World Holdings and home-gym equipment maker Peloton Interactive are unsurprisingly also benefiting Dick's Sporting Goods (NYSE: DKS). The sporting goods retailer reported third-quarter results Tuesday that came in like a high, hard fastball and blew past analyst expectations. Image source: Dick's Sporting Goods. Hitting it out of the park Dick's reported revenue jumped 23% to $2.3 billion while adjusted profits nearly quadrupled to $2.01 per share, well ahead of Wall Street's consensus estimates of $2.2 billion and $1.08 per share. Driving the gains were the positive positioning it has "across golf, outdoor activities, home fitness, and active lifestyle," said chairman and CEO Ed Stark. President Lauren Hobart, who was also just appointed to succeed Stark as CEO, said the retailer's online sales doubled during the quarter, and it was able to use its stores as fulfillment centers for 70% of those sales. Comparable sales at its brick-and-mortar stores also rose by double-digit percentages. The insistence on social distancing during the pandemic has led consumers to pursue activities that involve fewer people or greater distances. That's why the RV lifestyle leader Camping World was able to crush analyst expectations this quarter as people took to the road, as did Peloton, which saw sales triple. It's also why Callaway Golf was able to post record sales and earnings. Because it was on trend, and because Dick's Sporting Goods has a broad cross section of categories under its roof, investors probably should have had an inkling sales and profits would be rising at the retailer as well. 10 stocks we like better than Dick's Sporting GoodsWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Dick's Sporting Goods wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of November 20, 2020 Rich Duprey has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Camping World Holdings and Peloton Interactive. The Motley Fool has a disclosure policy.Source