Investors might want to bet on Dick's Sporting Goods (DKS) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system ...

Shares of Dick's Sporting Goods (DKS 15.48%) were moving higher today after the sporting goods retailer posted better-than-expected results in its fourth-quarter earnings report, as well as raised its dividend by 10%.The update showed that Dick's was continuing to execute during a challenging time for discretionary retailers as well as sporting goods peers like Foot Locker.As of 2:12 p.m. ET, the stock was up 15.6%. Dick's impresses againIn a difficult macro environment, Dick's reported comparable sales gro ...

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 Company Participants Nate Gilch - Senior Director, Investor Relations Lauren Hobart - President & Chief Executive Officer Navdeep Gupta - Chief Financial Officer Conference Call Participants Simeon Gutman - Morgan Stanley Adrienne Yih - Barclays Chris Horvers - JPMorgan Kate McShane - Goldman Sachs Robbie Ohmes - Bank of America Brian Nagel - Oppenheimer John Kernan - TD Cowen Joe Feldman - Telsey Advisory Grou ...

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 ...