Dick's Sporting Goods (DKS) Misses Q2 EPS by 99c, Cuts Guidance, Plans Business Optimization

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DICK'S Sporting Goods Reports Second Quarter Results

August 22, 2023 7:00 AM EDT

Delivers 3.6% Net Sales Growth

Delivers Double-Digit EBT Margin of 10.1%

Delivered 1.8% growth in second quarter comparable store sales, driven by a 2.8% increase in transactions and continued market share gains
 Opened seven new DICK'S House of Sport locations during the second quarter
  Reaffirms 2023 comparable store sales outlook in the range of flat to positive 2.0%
  Reported earnings per diluted share of $2.82 compared to $3.25, or $3.68 on a non-GAAP basis, during the prior year... More