Dick's Sporting Goods (DKS) came out with quarterly earnings of $3.30 per share, beating the Zacks Consensus Estimate of $2.94 per share. This compares to earnings of $3.40 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 12.24%. A quarter ago, it was expected that this sporting goods retailer would post earnings of $3.35 per share when it actually produced earnings of $3.85, delivering a surprise of 14.93%. Over the last four ...

Exhibit 99.1 FOR IMMEDIATE RELEASE DICK'S Sporting Goods Reports First Quarter Results; Raises 2024 Outlook – Delivers Net Sales of $3.02 Billion, Up 6.2% Versus the Prior Year – – Delivers Double-Digit EBT Margin of 11.3% – "Our strong first quarter results continue to prove that DICK'S is the go-to destination for sport and sport culture in the US. The product pipeline from our key brand partners and our vertical brand portfolio has never been better. For example, Nike's recent Paris innovation summit hig ...

A shopping cart sits in front of a Dick's Sporting Goods store on August 26, 2020 in Daly City, California. Dick's Sporting Goods on Wednesday said customers are spending more on new sneakers and athletic gear, leading the retailer to raise its full-year earnings guidance. Shares jumped about 7% in premarket trading. Sales rose to $3.02 billion, up about 6% from $2.84 billion a year earlier. The strong quarter led Dick's to raise its full-year guidance. The retailer is now expecting earnings per share to be ...

– Delivers Net Sales of $3.02 Billion, Up 6.2% Versus the Prior Year – – Delivers Double-Digit EBT Margin of 11.3% – Delivered 5.3% comparable sales growth, driven by growth in transactions and average ticket Reported earnings per diluted share of $3.30 with 4% EBT growth Raises full year 2024 guidance for comparable sales growth to a range of 2.0% to 3.0%, up from 1.0% to 2.0% previously Raises full year 2024 earnings per diluted share guidance to a range of $13.35 to 13.75, up from $12.85 to 13.25 previou ...

DICK'S Sporting Goods Inc. (DKS) is expected to register year-over-year sales growth when it releases first- quarter fiscal 2024 results on May 29. The Zacks Consensus Estimate for revenues is pegged at $2.9 billion, indicating growth of 3.5% from the year-ago quarter's reported figure. The consensus estimate for earnings is pegged at $2.94 per share, which suggests a decline of 13.5% from the year-ago reported number. The consensus mark has moved down a couple of cents in the past seven days. In the last r ...

Investors should also take note of any recent adjustments to analyst estimates for Dick's Sporting Goods. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. In the latest trading session, Dick's Sporting Goods (DKS) closed at $189.97, marking a +1.81% move from the previous day. This change outpaced the S&P 500's 0.7% gain on the day. On the other hand, the ...

In its upcoming report, Dick's Sporting Goods (DKS) is predicted by Wall Street analysts to post quarterly earnings of $2.96 per share, reflecting a decline of 12.9% compared to the same period last year. Revenues are forecasted to be $2.94 billion, representing a year-over-year increase of 3.5%. Analysts expect 'Comparable store sales - YoY change' to come in at 2.3%. The estimate compares to the year- ago value of 3.4%. The consensus estimate for 'Number of stores - Total (EOP)' stands at 865. The estimat ...

The market expects Dick's Sporting Goods (DKS) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended April 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on May 29, 2024, might help the stock move higher if these key number ...

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The retail stock's recent drawdown has DKS testing a historically bullish trendline. Per Schaeffer's Senior Quantitative Analyst Rocky White, the security has come within one standard deviation of its 80-day moving average four times over the past three years, defined for this study as having traded north of this trendline 80% of the time in the past two months, and in eight of the past 10 trading days. One month later, the stock was higher 75% of the time after these signals, averaging a 5.8% return. Dick' ...