Shares of DICK'S Sporting Goods, Inc. (DKS) jumped more than 4%, following the impressive fourth-quarter fiscal 2023 results, wherein the top and bottom lines beat the Zacks Consensus Estimate and improved year over year. Despite the challenging macroeconomic environment, the company has been benefiting from its strategic efforts and continued market share gains. It is on track with business optimization to streamline the overall cost structure.  DKS shares have gained 29.2% in the past three months against ...

In an effort to further engage its highest-value customers, Dick’s Sporting Goods is integrating more technology into the in-store experience.The sports retailer shared in a presentation with analysts Thursday (March 14) discussing its fourth-quarter and full-year fiscal 2023 financial results that it is incorporating more technologies into its stores, from virtual sports simulators to digital-powered footwear shopping assistance.“Our digital capabilities are … core to our omnichannel success, and we contin ...

DICK'S Sporting Goods, Inc. (NYSE:DKS) Q4 2023 Earnings Conference Call March 14, 2024 8:00 AM ET Nate Gilch - Senior Director, Investor Relations Navdeep Gupta - Chief Financial Officer Simeon Gutman - Morgan Stanley Chris Horvers - JPMorgan Robbie Ohmes - Bank of America John Kernan - TD Cowen Warren Cheng - Evercore ISI Operator I would now like to turn the conference over to Nate Gilch, Senior Director of Investor Relations. Please go ahead. Good morning, everyone, and thank you for joining us to discus ...

Key TakeawaysDick's Sporting Goods stock popped in early trading Thursday after it reported its fourth-quarter earnings.Net sales, income, and EPS all surpassed analysts' expectations.The company also announced a 10% increase in its quarterly dividend to $1.10 per share after paying $351 million in dividends over the last fiscal year. Dick's Sporting Goods (DKS) shares surged in early trading Thursday after the retailer posted fourth-quarter earnings that significantly surpassed analyst estimates for the ho ...

Dick's Sporting Goods Inc (NYSE:DKS) stock is gapping to record highs today, up 13.2% to trade at $212.54 at last glance, earlier hitting a peak of $222.92. The athletic retailer said its fourth quarter was its largest regarding sales on record, and also issued an upbeat 2024 forecast. Plus, the company raised its quarterly dividend to 10%. Before today's surge, DKS had been moving steadily higher since late November, with support from its 20-day moving average snapping back into place in January. Since the ...

Dick's Sporting Goods (DKS) reported $3.88 billion in revenue for the quarter ended January 2024, representing a year-over-year increase of 7.8%. EPS of $3.85 for the same period compares to $2.93 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.78 billion, representing a surprise of +2.67%. The company delivered an EPS surprise of +14.93%, with the consensus EPS estimate being $3.35.While investors closely watch year-over-year changes in headline numbers -- revenue and earning ...

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Dick's Sporting Goods (DKS) came out with quarterly earnings of $3.85 per share, beating the Zacks Consensus Estimate of $3.35 per share. This compares to earnings of $2.93 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.93%. A quarter ago, it was expected that this sporting goods retailer would post earnings of $2.44 per share when it actually produced earnings of $2.85, delivering a surprise of 16.80%.Over the last four q ...

Dick’s Sporting Goods Inc (NYSE: DKS) is trading up in premarket on Thursday after reporting solid financial results for its fourth quarter.Dick’s stock up on encouraging guidanceCopy link to sectionThe stock is in the green also because $DKS issued upbeat guidance for the future. The sports goods retailer now forecasts its adjusted per-share earnings to fall between $12.85 and $13.25 on up to $13.13 billion in revenue this year. Analysts, in comparison, were at $12.90 a share on $13.13 billion, respectivel ...

Dick's Sporting Goods logo is seen on the shop in Williston, United States on June 19, 2023.Dick's Sporting Goods raised its dividend by 10% on Thursday as the company posted its largest sales quarter in its history and projected another year of growth.Many retailers benefited from a 53rd week in fiscal 2023, but Dick's said it still broke records during its fiscal fourth quarter even without those extra days.Here's how the athletic apparel retailer did compared with what Wall Street was anticipating, based ...