Dick’s Sporting Goods delivered 5.3 percent comparable sales growth in the first quarter, with net sales increasing to 3,018 million dollars. Reported earnings per diluted share were 3.30 dollars with 4 percent EBT growth. "Our strong first quarter results continue to prove that Dick’s is the go-to destination for sport and sport culture in the...
30 May 2024
Sports brands face the unique challenge of serving two very different customer groups: Professional athletes, who perform at the highest level and need the best products to do so, and the mainstream market, which increases sales volumes. This duality requires a differentiated brand strategy that effectively addresses both target groups. In...
21 Mar 2024
Dick’s Sporting Goods full year revenues of 13 billion dollars increased 5 percent and the company delivered a 2.4 percent comparable store sales growth, driven by a 1.6 percent increase in transactions. The company’s fourth quarter revenues increased 7.8 percent to 3.9 billion dollars with comparable sales growth of 2.8 percent. The company’s...
15 Mar 2024
Dick’s Sporting Goods delivered 1.8 percent growth in second quarter comparable store sales, driven by a 2.8 percent increase in transactions and continued market share gains. The company reported earnings per diluted share of 2.82 dollars compared to 3.25 dollars or 3.68 dollars on a non-GAAP basis, during the prior year quarter. Net income...
22 Aug 2023
Dick’s Sporting Goods delivered full year 2022 net sales of 12.37 billion dollars, up 0.6 percent versus 2021 and up 41.3 percent versus 2019. The company’s earnings per diluted share were 10.78 dollars compared to 13.87 dollars last year and non-GAAP earnings per diluted share were 12.04 dollars versus 15.70 dollars, while EBT margin was 11...
7 Mar 2023
Dick’s Sporting Goods has agreed to acquire leading outdoor retailer Moosejaw from Walmart. The acquisition, the company said in a statement, will expand Dick’s outdoor portfolio – currently led by its specialty retailer, Public Lands – and reaffirm its commitment to the long-term business opportunity in the growing multibillion-dollar outdoor...
23 Feb 2023
Dick’s Sporting Goods has announced the appointment of Ray Sliva as executive vice president, stores, effective January 3, 2023. Sliva, the company said in a release, will report to the company’s president and CEO Lauren Hobart and serve as a key member of the company's executive leadership team. "Our stores are a critical touchpoint with our...
5 Dec 2022
Comparable store sales at Dick’s Sporting Goods, Inc. increased 6.5 percent on top of a 12.8 percent increase in the third quarter of 2021, a 23.2 percent increase in the third quarter of 2020 and a 6 percent increase in the third quarter of 2019 Net sales of 3 billion dollars increased 7.7 percent versus the third quarter of 2021 and increased...
22 Nov 2022
Dick’s Sporting Goods second quarter comparable store sales declined 5.1 percent. Net sales declined by 5 percent to 3,112.4 million dollars and increased 38 percent versus the second quarter of 2019. The company delivered earnings per diluted share of 3.25 dollars and non-GAAP earnings per diluted share of 3.68 dollars. The company has raised...
24 Aug 2022
In a historic decision and divided nation, the US Supreme Court on Friday reversed a law that upheld the constitutional right to have an abortion. Abortion laws are now in the hands of the state, with many conservative regions expected to ban the right for women to choose, making it illegal to receive reproductive services. The new law upturns...
27 Jun 2022
Dick’s Sporting Goods, Inc reported net sales for the fourth quarter of 3.35 billion dollars, an increase of 7.3 percent compared to the fourth quarter of 2020 and a 28.5 percent increase compared to the fourth quarter of 2019. Consolidated same store sales for the quarter increased 5.9 percent, which followed consolidated same store sales...
8 Mar 2022
Net sales for the third quarter at Dick’s Sporting Goods were 2.75 billion dollars, an increase of 13.9 percent compared to the third quarter of 2020 and a 40 percent increase compared to the third quarter of 2019. Consolidated same store sales for the quarter increased 12.2 percent. “We are extremely pleased to announce a record third quarter...
23 Nov 2021