Financial Data and Key Metrics Changes - Consolidated net sales increased 4.8% to $9.55 billion year-to-date, with adjusted comps up 4.7% driven by a 3.7% increase in average ticket and a 1% increase in transactions [16][18] - Q3 gross margin expanded by 67 basis points from last year's non-GAAP results, driven by higher merchandise margin [6][19] - Earnings per diluted share (EPS) for Q3 was $2.75, compared to $2.85 in the previous year, impacted by a calendar shift [22][26] Business Line Data and Key Metrics Changes - Q3 comps increased 4.2%, driven by strong performance in footwear, athletic apparel, and team sports, despite a modest decline in transactions [5][18] - The company opened three House of Sport locations in Q3 and five Field House locations, with plans for further expansion in 2025 [9][10] Market Data and Key Metrics Changes - The company reported a 21% increase in unique users on the GameChanger platform, with over 5.5 million active users in Q3 [12][78] - The Texas market is identified as a growth opportunity, with investments in new locations and infrastructure [10] Company Strategy and Development Direction - The company is focused on enhancing the omnichannel athlete experience, investing in digital and store experiences, and redefining sports retail through House of Sport and Field House concepts [8][9] - The strategic pillars include differentiated product assortment, deep engagement with the DICK'S brand, and knowledgeable teammates [5][7] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term strategies and raised full-year outlook for comp sales growth to 3.6% to 4.2% and EPS to $13.65 to $13.95 [7][25] - The company is optimistic about the product pipeline and believes that the current trends in sports culture will positively influence sales [35][36] Other Important Information - The company ended Q3 with approximately $1.5 billion in cash and no borrowings on its credit facility, with inventory levels up 13% year-over-year [22][24] - The company expects to continue strategic investments in marketing, technology, and talent, which may lead to SG&A deleverage [20][26] Q&A Session Summary Question: How is DICK'S positioned to gain market share in a non-promotional environment? - Management highlighted the effectiveness of their long-term strategies and differentiated product access, which has allowed them to maintain strong full-price selling [33][34] Question: What is the company's exposure to tariffs? - Management indicated minimal exposure to tariffs due to a diversified supply chain and strong partnerships with national brand vendors [38][39] Question: How is inventory positioned for the holiday season? - Management expressed confidence in their inventory strategy, focusing on key items and brands to meet holiday demand [44][46] Question: What is the outlook for merchandise margin in 2025? - Management expects continued expansion of merchandise margin driven by differentiated product quality and strategic pricing [108][109]

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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Link to our press Kit: https://drive.google.com/drive/folders/11tyGnoZQr5blvP6yf2aoWU6hmaCFptlM?usp=drive_link Innovative adidas Boxing Gloves – TILT200 and HYBRID 250 - Now Available In-Store and Online at Dick’s Sporting Goods NEW YORK and PARIS, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Just in time for the holidays, adidas and DICK’S Sporting Goods have partnered to bring the best in boxing gear to DICK’S retail locations and online. Boxing fitness enthusiasts and athletes at all levels can gear up to participa ...

Wall Street analysts forecast that Dick's Sporting Goods (DKS) will report quarterly earnings of $2.69 per share in its upcoming release, pointing to a year-over-year decline of 5.6%. It is anticipated that revenues will amount to $3.02 billion, exhibiting a decline of 0.8% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.A ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond ...