Dick's Sporting Goods (DKS) Tops Q1 EPS by 28c, Offers Guidance

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Go back to Dick's Sporting Goods (DKS) Tops Q1 EPS by 28c, Offers Guidance

DICK'S Sporting Goods Reports First Quarter Results; Reaffirms 2023 Outlook

May 23, 2023 7:00 AM EDT

Delivers 5.3% Growth in First Quarter Net Sales

Delivers Strong Double-Digit EBT Margin of 11.6%

Delivered 3.4% growth in first quarter comparable store sales, driven by a 2.7% increase in transactions as well as higher average ticket

Delivered earnings per diluted share of $3.40 compared to $2.47 or $2.85 on a non-GAAP basis during the prior year

Retired remaining $59 million aggregate principal and fully settled all outstanding amounts under the Convertible Senior Notes

Reaffirms... More