Dick's Sporting Goods (DKS) Tops Q2 EPS by 11c, Beats on Revenue, Offers FY22 EPS Guidance
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DICK'S Sporting Goods Reports Second Quarter Results; Raises Full Year Guidance
August 23, 2022 7:30 AM EDTComparable store sales declined 5.1%Net sales of $3.1 billion increased 38% versus the second quarter of 2019Delivered earnings per diluted share of $3.25 and non-GAAP earnings per diluted share of $3.68, each reflecting pre-tax income as a percentage of net sales of 13.7%Raises low end of full year 2022 comparable store sales guidance to a range of negative 6% to negative 2%, up from negative 8% to negative 2% previouslyRaises full year 2022 earnings per diluted share guidance to $8.85 to 10.55, up from $7.95 to 10.15 previously; Raises full year 2022 non-GAAP earnings per diluted share guidance to $10.00 to 12.00, up from $9.15 to 11.70... More
