— DICK’S Sporting Goods, Inc. (NYSE: DKS) reported earnings of $1.32 per share in the fourth quarter of 2019, vs $1.22 per share expected.
— Net sales rose 4.7% to $2.61 billion, vs. $2.57 billion expected. Adjusted for calendar year difference, consolidated same store sales decreased 2.2% in Q4. Without this adjustment, same store sales increased 5.3%.
— eCommerce sales for the fourth quarter of 2019 increased 15%.
— Expects FY20 same store sales to be approx. flat to an increase of 2%, vs. 3.7% increase in 2019.
— For this period, the company currently projects EPS to be approximately $3.60 to 4.00.
— DKS shares shot up over 11% immediately following the announcement.
It is estimated that the size of the global chip manufacturing equipment market would nearly double from the current levels to about $142 billion in the next eight years. Applied
Shares of Take-Two Interactive Software (NASDAQ: TTWO) were down over 2% on Friday. The stock has dropped 32% year-to-date and 35% over the past 12 months. Earlier this week, the
Cisco Systems Inc. (NASDAQ: CSCO) is the undisputed leader in networking technology, but its core business has been facing challenges over the past few years. While the company faces stiff