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Dick's Sporting Goods (DKS) Reports In-Line Q3 EPS; Guides FY14, Q4 EPS, Comps

November 18, 2014 7:31 AM

Dick's Sporting Goods (NYSE: DKS) reported Q3 EPS of $0.41, in-line with the analyst estimate of $0.41. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.53 billion.

Consolidated same store sales increased 1.1 percent, while the consensus was looking for a 2.3 percent gain.

Dick's Sporting Goods sees FY2014 EPS of $2.75-$2.85, versus the consensus of $2.79. Consolidated same store sales are now expected to increase approximately 1 to 2%, compared to a 1.9% increase in fiscal 2013.

Dick's Sporting Goods sees Q3 2014 EPS of $1.18-$1.28, versus the consensus of $1.21. Consolidated same store sales are currently expected to increase approximately 1 to 3% in the fourth quarter of 2014, as compared to a 7.3% increase in the fourth quarter of 2013, adjusted for the shifted retail calendar due to the 53rd week in 2012.

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

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Earnings Guidance Retail Sales