DICK'S Sporting Goods Reports Third Quarter Results

Go back to DICK'S Sporting Goods Reports Third Quarter Results

Dick's Sporting Goods (DKS) PT Lowered to $27 at Baird

November 15, 2017 8:21 AM EST

Baird lowered its price target on Dick's Sporting Goods (NYSE: DKS) to $27.00 (from $29.00) while maintaining a Neutral rating following Q3/Q4 guidance that 'cleared a low bar' but FY18 guidance disappointed.

Analyst Peter Benedict said while the FY18 cut helps address one source of... More

Dick's Sporting Goods (DKS) PT Lowered to $28 at UBS

November 15, 2017 8:12 AM EST

UBS lowered its price target on Dick's Sporting Goods (NYSE: DKS) to $28.00 (from $29.00) while maintaining a Neutral rating following Q3 results and lower FY18 guidance.

Analyst Michael Lasser notes the company playing offense against a tough sporting goods environment.

Lasser thinks the... More

Dick's Sporting Goods (DKS) PT Lowered to $24 at Canaccord Genuity

November 14, 2017 1:34 PM EST

Canaccord Genuity lowered its price target on Dick's Sporting Goods (NYSE: DKS) to $24.00 (from $27.00) while maintaining a Hold rating.

Analyst Camilo Lyon notes necessary investment to weigh on 2018 EPS as the industry remains in flux.

... More

Dick's Sporting Goods (DKS) Tops Q3 EPS by 3c; Guides Above Views

November 14, 2017 7:32 AM EST

Dick's Sporting Goods (NYSE: DKS) reported Q3 EPS of $0.30, $0.03 better than the analyst estimate of $0.27. Revenue for the quarter came in at $1.94 billion versus the consensus estimate of $1.89 billion.

Consolidated same-store sales decreased 0.9%, compared to the Company's guidance of a low single-digit decrease. Third quarter 2016 consolidated same-store sales increased 5.2%.

"In the third quarter, we delivered earnings per diluted share and comp sales at the high end of our expectations, with continued double-digit growth in eCommerce.... More