Dick's Sporting Goods (NYSE: DKS) reported Q2 EPS of $1.20, $0.15 better than the analyst estimate of $1.05. Revenue for the quarter came in at $2.18 billion versus the consensus estimate of $2.23 billion.

• Adjusted for the calendar shift due to the 53rd week in 2017, which we believe is the best view of the business, consolidated same store sales decreased 4.0% on a 13-week to 13-week comparable basis. Based on an unshifted calendar, consolidated same store sales for the second quarter decreased 1.9%. Second quarter 2017 consolidated same store sales increased 0.1%.

GUIDANCE:

Dick's Sporting Goods sees FY2018 EPS of $3.02-$3.20, versus the consensus of $3.09.

• Consolidated same store sales are currently expected to decline 3% to 4% on a 52-week to 52-week comparative basis, compared to a decline of 0.3% in 2017.

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