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Stock impact report

Dick's Sporting Goods shares soar on earnings beat, retailer hikes outlook [CNBC]

Dick's Sporting Goods Inc (DKS) 
Last dick's sporting goods inc earnings: 3/10 07:30 am Check Earnings Report
US:NYSE Investor Relations: investors.dicks.com
Company Research Source: CNBC
Dick's Sporting Goods shares soar on earnings beat, retailer hikes outlook Shares of Dick's Sporting Goods The sporting goods retailer's stock was up as much as 6.2% in premarket trading on the news, having climbed about 18% over the past 12 months. Dick's reported adjusted earnings of 62 cents a share for its fiscal first quarter on revenues of $1.92 billion. That was ahead of expectations for earnings per share of 58 cents on sales of $1.9 billion, based on a survey of analysts by Refnitiv. For the year, Dick's says it now expects to earn, on an adjusted basis, between $3.20 and $3.40 a share, up from a previous range of $3.15 to $3.35. CEO Ed Stack said same-store sales at Dick's "turned positive in March and remained positive in April, as we started to see the benefits of our key strategies and investments." Overall, for the quarter, same-store sales were flat, compared with a drop of 2.5% during the same period a year ago. Online sales were up 15% during the first quarter, the c Show less Read more
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