Dick’s: Fiscal Q3 Earnings Snapshot

CORAOPOLIS, Pa. (AP) — CORAOPOLIS, Pa. (AP) — Dick’s Sporting Goods Inc. (DKS) on Tuesday reported fiscal third-quarter profit of $227.8 million.

The Coraopolis, Pennsylvania-based company said it had profit of $2.75 per share.

The results beat Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $2.68 per share.

The sporting goods retailer posted revenue of $3.06 billion in the period, also surpassing Street forecasts. Ten analysts surveyed by Zacks expected $3.02 billion.

Dick’s expects full-year earnings to be $13.65 to $13.95 per share, with revenue in the range of $13.2 billion to $13.3 billion.

_____

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

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up