Dick's Sporting Goods, Inc. (DKS) Reports In-Line Q4 EPS; Issues Mixed Q1, FY14 Outlook
Consolidated same store sales for the fourth quarter increased 7.3%, adjusted for the shifted calendar.
Sees FY2014 EPS of $3.03-$3.08, versus the consensus of $2.70. Consolidated same store sales are currently expected to increase approximately 3 to 4%, compared to a 1.9% increase in fiscal 2013.
Sees Q1 2014 EPS of $0.51-$0.53, versus the consensus of $0.54. Consolidated same store sales are currently expected to increase 3 to 4% in the first quarter of 2014, compared to a 3.8% decrease in the first quarter of 2013, adjusted for the shifted retail calendar due to the 53rd week in 2012.
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