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

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DICK'S Sporting Goods Reports Second Quarter Results; Exceeds Earnings Expectations and Raises Full Year Guidance

August 18, 2015 7:30 AM EDT

PITTSBURGH, Aug. 18, 2015 /PRNewswire/ -- DICK'S Sporting Goods, Inc. (NYSE: DKS), the largest U.S. based full-line omni-channel sporting goods retailer, today reported sales and earnings results for the second quarter ended August 1, 2015.

Second Quarter Results

The Company reported consolidated net income for the second quarter ended August 1, 2015 of $90.8 million, or $0.77 per diluted share, compared to the Company's expectations provided on May 19, 2015 of $0.73 to 0.76 per diluted share. The Company reported consolidated net income for the second quarter ended August 2, 2014 of $69.5 million, or $0.57 per diluted share. Excluding golf restructuring charges in the prior... More