Dick’s: Fiscal Q1 Earnings Snapshot

CORAOPOLIS, Pa. (AP) — CORAOPOLIS, Pa. (AP) — Dick’s Sporting Goods Inc. (DKS) on Tuesday reported fiscal first-quarter earnings of $304.6 million.

On a per-share basis, the Coraopolis, Pennsylvania-based company said it had net income of $3.40.

The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $3.22 per share.

The sporting goods retailer posted revenue of $2.84 billion in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $2.82 billion.

Dick’s expects full-year earnings to be $12.90 to $13.80 per share.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DKS at https://www.zacks.com/ap/DKS

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