Dick's Sporting Goods (DKS) Tops Q3 EPS by 25c, Raises Guidance
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DICK'S Sporting Goods Reports Record Third Quarter Sales; Delivers 6.5% Increase in Comparable Store Sales and Raises Full Year Guidance
November 22, 2022 7:30 AM ESTComparable store sales increased 6.5% on top of a 12.8% increase in the third quarter of 2021, a 23.2% increase in the third quarter of 2020 and a 6.0% increase in the third quarter of 2019Net sales of $3.0 billion increased 7.7% versus the third quarter of 2021 and increased 50.8% versus the third quarter of 2019Delivered earnings per diluted share of $2.45 and non-GAAP earnings per diluted share of $2.60; Delivered pre-tax income as a percentage of net sales of 10.3%, which is over two and a half times our Q3 2019 GAAP rate and over three times our Q3 2019 non-GAAP rateRaises... More
