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Dick’s: Fiscal 2Q Earnings Snapshot

August 22, 2019

CORAOPOLIS, Pa. (AP) _ Dick’s Sporting Goods Inc. (DKS) on Thursday reported fiscal second-quarter earnings of $112.5 million.

The Coraopolis, Pennsylvania-based company said it had net income of $1.26 per share.

The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.21 per share.

The sporting goods retailer posted revenue of $2.26 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $2.2 billion.

Dick’s expects full-year earnings to be $3.30 to $3.45 per share.

Dick’s shares have risen almost 6% since the beginning of the year. The stock has declined 13% in the last 12 months.


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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