Dick's raises guidance on earnings beat
Dick's Sporting Goods on Wednesday reported net income of $57.5 million in the first quarter, compared to $60.1 million in the year-ago quarter, according to a company press release. On a non-GAAP basis, net income was $58.4 million. Net sales in the quarter were $1.92 billion, an increase of 0.6%, and ahead of the FactSet consensus for $1.90 billion, per MarketWatch. Consolidated same-store sales were flat, reaching the higher end of the company's expectations and representing...
Read more...