Dick’s Sporting Goods raises annual outlook on the back of solid Q2; shares up

Go back to Dick’s Sporting Goods raises annual outlook on the back of solid Q2; shares up

DICK'S Sporting Goods Reports Second Quarter Results; Raises 2024 Outlook

September 4, 2024 7:00 AM EDT

Delivers 4.5% Comparable Sales Growth

Delivers Double-Digit EBT Margin of 13.9%

Delivered net sales of $3.47 billion, up 7.8% versus the prior year including the expected benefit from the calendar shift of approximately $95 million

Reported earnings per diluted share of $4.37, up 55% versus the prior year

Raises full year 2024 guidance for comparable sales growth to a range of 2.5% to 3.5%, up from 2.0% to 3.0% previously

Raises full year 2024 earnings per diluted share guidance to a range of $13.55 to 13.90, up from... More