Earnings Performance - Dick's Sporting Goods reported third quarter earnings per share (EPS) of $2.75, exceeding estimates [1] - Revenue increased by 0.5% to $3.06 billion, surpassing expectations [1] - Comparable store sales rose by 4.2%, compared to 1.9% in the previous year [1] Guidance and Market Share - The company raised its full-year EPS guidance to $13.65 to $13.95, up from the previous forecast of $13.55 to $13.90 [1] - Full-year sales are now anticipated to be $13.2 billion to $13.3 billion, an increase from the earlier $13.1 billion to $13.2 billion [1] - Comparable store sales are expected to grow by 3.6% to 4.2%, compared to the earlier outlook of 2.5% to 3.5% [1] - The company gained market share during a strong back-to-school shopping season [1] Inventory Concerns - Inventory levels increased by 13% from 2023, raising concerns among investors [1] - The CFO stated that the inventory investment is focused on strong product offerings and is well-positioned for the fourth quarter [1] Stock Performance - Shares of Dick's Sporting Goods were up slightly by 0.24% mid-day Tuesday [1] - The stock has gained more than 40% in 2024 [1]

Dick’s Sporting Goods’ third-quarter 2024 earnings results exceeded analyst expectations and demonstrated continued momentum as the back-to-school season transitioned into the holiday shopping period.During an earnings call Tuesday (Nov. 26), executives credited strategic initiatives, strong team execution and an omnichannel approach for the company’s continued momentum, despite headwinds from a challenging macroeconomic landscape. Behind-the-scenes elements like payments innovations, supply chain logistics ...

We have traded DICK'S Sporting Goods, Inc. (NYSE: DKS ) several times in the last few years, most recently calling it a buy in September. Shares have not done much in that time, but we like buying the closerMissed the early gains in DKS when we were trading it at BAD BEAT? Come get moreWe are the shop for short and medium-term trades to build wealth.We activated our BLACK FRIDAY deal ahead of other services, so you can lock in our best price in years. Join Seeking Alpha's premier service while spots remain, ...

DICK'S Sporting Goods, Inc. (NYSE:DKS) Q3 2024 Earnings Conference Call November 26, 2024 8:00 AM ET Company Participants Nate Gilch - Senior Director, IR Lauren Hobart - President and CEO Navdeep Gupta - EVP and CFO Conference Call Participants Adrienne Yih - Barclays Simeon Gutman - Morgan Stanley Brian Nagel - Oppenheimer Kate McShane - Goldman Sachs Robert Ohmes - Bank of America John Kernan - TD Cowen Michael Lasser - UBS Kelly Crago - Citigroup Justin Kleber - Baird Operator Ladies and gentlemen, than ...

Dick's Sporting Goods (DKS) reported $3.06 billion in revenue for the quarter ended October 2024, representing a year-over-year increase of 0.5%. EPS of $2.75 for the same period compares to $2.85 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.02 billion, representing a surprise of +1.25%. The company delivered an EPS surprise of +2.61%, with the consensus EPS estimate being $2.68.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...

Dick's Sporting Goods (DKS) came out with quarterly earnings of $2.75 per share, beating the Zacks Consensus Estimate of $2.68 per share. This compares to earnings of $2.85 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.61%. A quarter ago, it was expected that this sporting goods retailer would post earnings of $3.77 per share when it actually produced earnings of $4.37, delivering a surprise of 15.92%.Over the last four qu ...

The Dick's Sporting Goods logo is displayed on the floor of a store on September 04, 2024 in Daly City, California.Dick's Sporting Goods raised its full-year guidance on Tuesday after what CEO Lauren Hobart called an "excellent" back-to-school shopping season and better-than-expected comparable sales for its third quarter. The sporting goods giant is now expecting fiscal 2024 same-store sales to grow between 3.6% and 4.2%, up from a previous range of 2.5% to 3.5%. That's ahead of the 3.4% growth that Wall S ...

Exhibit 99.1 FOR IMMEDIATE RELEASE DICK'S Sporting Goods Reports Third Quarter Results – Delivers 4.2% Comparable Sales Growth – – Raises 2024 Comp Sales and EPS Outlook – ● Delivered third quarter net sales of $3.06 billion and earnings per diluted share of $2.75 including the expected unfavorable impact from the calendar shift of approximately $105 million and $0.35 per diluted share, respectively ● Delivered year-to-date comparable sales growth of 4.7%, EBT margin of 11.8% and earnings per diluted share ...

As DICK’S Sporting Goods Inc. (DKS) prepares to announce its third-quarter fiscal 2024 earnings on Nov. 26, investors are closely watching for insights into the company's performance this season.DKS is expected to register sales and earnings decline year over year in the quarter under review. The Zacks Consensus Estimate for fiscal third-quarter revenues is pegged at $3 billion, indicating a drop of 0.8% from the year-ago quarter’s reported figure. The consensus estimate for fiscal third-quarter earnings is ...

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