UBS Raises Price Target on Dick's Sporting Goods (DKS) Despite 4Q Miss

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DICK'S Sporting Goods Reports Fourth Quarter and Full Year 2015 Results

March 8, 2016 7:30 AM EST

PITTSBURGH, March 8, 2016 /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 fourth quarter and full year ended January 30, 2016.

Fourth Quarter Results

The Company reported consolidated net income for the fourth quarter ended January 30, 2016 of $129.0 million, or $1.13 per diluted share, compared to the Company's expectations provided on November 17, 2015 of $1.10 to 1.25 per diluted share. The Company reported consolidated net income for the fourth quarter ended January 31, 2015 of $155.5 million, or $1.30 per diluted share.

Net sales for the... More