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Dick's Sporting Goods (DKS) Tops Q4 EPS by 2c, Comps Decline 2%, Offers Outlook

March 13, 2018 7:34 AM

Dick's Sporting Goods (NYSE: DKS) reported Q4 EPS of $1.22, $0.02 better than the analyst estimate of $1.20. Revenue for the quarter came in at $2.66 billion versus the consensus estimate of $2.73 billion.

Consolidated same store sales decreased 2.0% on a 13-week to 13-week comparative basis compared to the Company's guidance of a low single-digit decrease. Fourth quarter 2016 consolidated same store sales increased 5.0%.

GUIDANCE:

Based on an estimated 103 million diluted shares outstanding, the Company currently anticipates reporting earnings per diluted share of approximately $2.80 to 3.00. The Company's earnings per diluted share guidance includes the expectation of share repurchases to fully offset dilution in 2018. (versus the consensus of $2.77.)

Consolidated same store sales are currently expected to be in the range of approximately flat to a low single-digit decline on a 52-week to 52-week comparative basis, compared to a 0.3% decrease in 2017.

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

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