Dick's Sporting Goods (DKS) Tops Q4 EPS by 16c, Comps Decline 3.7%, Offers FY Guidance

Dick's Sporting Goods (NYSE: DKS) reported Q4 EPS of $1.22, $0.16 better than the analyst estimate of $1.06. Revenue for the quarter came in at $2.49 billion versus the consensus estimate of $2.48 billion.

Based on an unshifted calendar, consolidated same store sales for the fourth quarter decreased 3.7%.

GUIDANCE:

Dick's Sporting Goods sees FY2019 EPS of $3.15-$3.35, may not compare to consensus of $3.35.

• includes approximately $30 million, or $0.23 per diluted share, of net investments in business transformation initiatives.

Consolidated same store sales are currently expected to be approximately flat to an increase of 2%, compared to a 3.1% decrease in 2018. The Company expects to deliver positive consolidated same store sales beginning in the second quarter.

For earnings history and earnings-related data on Dick's Sporting Goods (DKS) click here.

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