Categories AlphaGraphs, Earnings, Retail
Highlights of DICK’S Sporting Goods’ (DKS) Q1 2023 earnings results
DICK’S Sporting Goods, Inc. (NYSE: DKS) on Tuesday announced financial results for the first quarter of 2023, reporting an increase in net sales and adjusted profit.
Net sales of the company increased 5.3% year-over-year to $2.84 billion. Comparable store sales rose 3.4%, which marked an improvement from the prior-year quarter when comparable sales declined 8.4%.
Net income, on a reported basis, increased to $305 million or $3.40 per share in the April quarter from $261 million or $2.47 per share last year. Adjusted earnings were $3.40 per share, up 19%.
“We are very pleased with our first quarter results. Even as consumers face macroeconomic uncertainties, our athletes have continued to prioritize sport and rely on DICK’S to meet their needs, and we continue to gain market share,” said Lauren Hobart, CEO of DICK’s Sporting.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Key takeaways from Micron’s (MU) first-quarter 2026 results
Micron Technology Inc. (NASDAQ: MU) has reported blockbuster first-quarter results, comfortably beating estimates as strength in data center demand pushed key operating metrics to record levels. Management is now focused
Lennar (LEN) continues to battle a stubbornly difficult housing market
Shares of Lennar Corporation (NYSE: LEN) were down 2% on Thursday. The stock has dropped 17% over the past three months. The homebuilder saw its revenues and profits decline in
DRI Earnings: Darden Restaurants’ Q2 2026 sales and profit rise YoY
Darden Restaurants, Inc. (NYSE: DRI), a leading fine dining restaurant chain, on Thursday reported an increase in sales and adjusted earnings for the second quarter of fiscal 2026. Total sales
