Dick's: Fiscal Q2 Earnings Snapshot
CORAOPOLIS, Pa. (AP) — CORAOPOLIS, Pa. (AP) — Dick's Sporting Goods Inc. (DKS) on Thursday reported fiscal second-quarter profit of $381.4 million.
The Coraopolis, Pennsylvania-based company said it had net income of $4.71 per share. Earnings, adjusted for investment gains, came to $4.38 per share.
The results surpassed Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $4.29 per share.
The sporting goods retailer posted revenue of $3.65 billion in the period, which also beat Street forecasts. Ten analysts surveyed by Zacks expected $3.6 billion.
Dick's expects full-year earnings in the range of $13.90 to $14.50 per share, with revenue in the range of $13.75 billion to $13.95 billion.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DKS at https://www.zacks.com/ap/DKS
For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights.