DICK'S Sporting Goods Reports Second Quarter Results; Delivers 3.2% Increase in Same Store Sales and Raises Full Year Guidance
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Dick's Sporting Goods (DKS) Tops Q2 EPS by 6c, Revenues Beat, Comp. Sales Up 3.2%; Raises FY19 EPS Guidance
August 22, 2019 7:34 AM EDTDick's Sporting Goods (NYSE: DKS) reported Q2 EPS of $1.26, $0.06 better than the analyst estimate of $1.20. Revenue for the quarter came in at $2.26 billion versus the consensus estimate of $2.21 billion.
"We are very pleased with our second quarter results, as we delivered a 3.2% comp sales increase and earnings per diluted share above last year. Our strong comp sales performance was driven by increases in both average ticket and transactions and represented our strongest quarterly comp since 2016. We saw growth across each of our three primary categories of hardlines, apparel and footwear, our brick-and-mortar stores... More
