Dick’s news and archive

Dick’s Sporting Goods allegedly interested in going private

Dick's Sporting Goods Inc is holding early-stage conversations with a handful of buyout firms about going private, according to people familiar with the matter, unveiled Reuters Wednesday. On the wake of the rumours, shares of Dick's Sporting Goods rose as much as 13.5 percent to 55.88 dollars, giving it a market value of roughly 6.7 billion...

Design

Dick’s Sporting Goods Q2 same-store sales up 3.2 percent

REPORT_ Dick’s Sporting Goods reported consolidated non-GAAP net income forthe second quarter ended August 2, 2014 of 81.7 million dollars, or 0.67 dollars per diluted share, excluding golf restructuring charges, compared to the company's expectations provided on May 20, 2014 of 0.62 to 0.67 dollars per diluted share. For the second quarter...

Design

Dick’s Sporting Goods Q1 net sales up 7.9 percent

REPORT_ Dick’s Sporting Goods reported sales and earnings results for the firstquarter ended May 3, 2014 with net sales increasing 7.9 percent to 1.4 billion dollars. Consolidated non-GAAP net income of 61.3 million dollars, or 0.50 dollars per diluted share, compared to the company's expectations provided on March 11, 2014 of 0.51 dollars to...

Fashion

Dick’s Sporting Goods net sales rise 6 percent in 2013

REPORT_ In its annual report released today, Dick’s Sporting Goods reported net income for the year ended February 1, 2014 of 337.6 million dollars, or 2.69 dollars per diluted share, as compared to net income of 290.7 million dollars, or 2.31 dollars per diluted share, in fiscal 2012. Net sales increased 6 percent to 6,213.2 million dollars in...

Design

Dick's Sporting Goods same store sales rise 7 percent

REPORT_ Dick’s Sporting Goods has announced that its fourth quarter 2013 consolidated same store sales exceeded expectations. As a result, the company increased its fourth quarter and full year 2013 expectations. The company also provided preliminary earnings guidance for fiscal 2014. Consolidated same store sales, adjusted for the shifted...

Design

Dick’s Q3 net sales up 6.7 percent

REPORT_ Dick’s net sales for the third quarter of 2013 increased 6.7 percent. Consolidated same store sales increased 3.3 percent. Shifted same store sales in the third quarter of 2013 for Dick’s Sporting Goods increased 3.4 percent while Golf Galaxy increased 2.2 percent. Unshifted consolidated same store sales for the third quarter increased...

Design

Dick’s targets 11 percent growth over next five years

REPORT_ Dick’s Sporting Goods unveiled its detailed long-term plan and key strategies to deliver sales and operating profit growth and drive shareholder value over the next five years. During its analyst day meeting, the company presented a sales target of 10 billion dollars by the end of fiscal 2017, representing a 5-year compounded annual...