Dick's Sporting Goods (DKS) Raises Quarterly Dividend 105.1% to $1.00; 3% Yield
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DICK'S Sporting Goods Reports Fourth Quarter and Full Year Results
March 7, 2023 7:00 AM ESTDelivers 5.3% Growth in Fourth Quarter Comparable Store Sales
More Than Doubles Quarterly Dividend
Delivered record-setting full year 2022 net sales of $12.37 billion, up 0.6% versus full year 2021 and up 41.3% versus full year 2019Delivered full year 2022 earnings per diluted share of $10.78 and non-GAAP earnings per diluted share of $12.04Delivered full year 2022 EBT margin of over 11%, which is more than two times 2019Increased annualized dividend to $4.00 per share, an increase of 105% compared to $1.95 per share in 2022; Declared quarterly dividend of $1.00 per shareProvides 2023 outlook (53 week year)... More