Categories Earnings, Leisure & Entertainment, Retail

Dick’s Sporting Goods, Inc. (DKS): Q4 2019 Earnings Snapshot

Dick's Sporting Goods Q4 2019 earnings

— 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.  

Get access to timely and accurate verbatim transcripts that are published within hours of the event.

Most Popular

HPE Earnings: Hewlett Packard Q1 2024 profit drops but beats Street view

Information technology solutions provider Hewlett Packard Enterprise (NYSE: HPE) on Thursday reported lower earnings and revenues for the first quarter of 2024. Earnings, however, exceeded analysts’ forecasts. First-quarter profit, excluding

After entering FY24 on a high note, Costco is all set to report Q2 results

Costco Wholesale Corporation (NASDAQ: COST) stands out in the retail space for its unique business model that enables the warehouse behemoth to grow store traffic and market share constantly. Currently,

Hormel (HRL) expects continued momentum from its foodservice business in FY2024

Shares of Hormel Foods Corporation (NYSE: HRL) soared over 13% on Thursday after the company delivered better-than-expected earnings results for the first quarter of 2024 and reaffirmed its outlook for

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top