Dick's Sporting Goods (DKS) Tops Q2 EPS by 2c; Updates FY15 EPS Outlook

Dick's Sporting Goods (NYSE: DKS) reported Q2 EPS of $0.77, $0.02 better than the analyst estimate of $0.75. Revenue for the quarter came in at $1.82 billion versus the consensus estimate of $1.83 billion.

Consolidated same store sales increased 1.2%, compared to the Company's guidance of approximately flat to an increase of 2%. Same store sales for DICK'S Sporting Goods increased 1.5%, against a strong base that included the World Cup. Golf Galaxy decreased 2.9%, representing sequential progress. Second quarter 2014 consolidated same store sales increased 3.2%.

Dick's Sporting Goods sees FY2015 EPS of $3.13-$3.21.

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

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