CORAOPOLIS, Pa. (AP) — CORAOPOLIS, Pa. (AP) — Dick’s Sporting Goods Inc. (DKS) on Wednesday reported fiscal second-quarter net income of $362.2 million.
On a per-share basis, the Coraopolis, Pennsylvania-based company said it had profit of $4.37.
The results exceeded Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $3.77 per share.
The sporting goods retailer posted revenue of $3.47 billion in the period, which also beat Street forecasts. Ten analysts surveyed by Zacks expected $3.43 billion.
Dick’s expects full-year earnings to be $13.55 to $13.90 per share, with revenue in the range of $13.1 billion to $13.2 billion.
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