DICK'S Sporting Goods, Inc. (NYSE:DKS) Q2 2024 Earnings Conference Call September 4, 2024 8:00 AM ET Company Participants Nate Gilch - Senior Director, IR Lauren Hobart - President and CEO Navdeep Gupta - EVP and CFO Conference Call Participants Adrienne Yih - Barclays Brian Nagel - Oppenheimer Simeon Gutman - Morgan Stanley Robert Ohmes - Bank of America Michael Baker - D.A. Davidson John Kernan - TD Cowen Eric Cohen - Gordon Haskett Will Gaertner - Wells Fargo Justin Kleber - Baird Warren Cheng - Evercore ...

Key Takeaways Dick's Sporting Goods raised its full-year profit guidance but not enough to match analysts' consensus estimates. Second-quarter sales and profit topped analysts' expectations. Dick's shares sank 7% Wednesday morning but still are up nearly 50% this year. Dick's Sporting Goods (DKS) raised its 2024 profit guidance Wednesday along with second-quarter results that beat expectations on the top and bottom lines. The retailer increased its full-year earnings per share (EPS) outlook to between $13.5 ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

For the quarter ended July 2024, Dick's Sporting Goods (DKS) reported revenue of $3.47 billion, up 7.8% over the same period last year. EPS came in at $4.37, compared to $2.82 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $3.43 billion, representing a surprise of +1.22%. The company delivered an EPS surprise of +15.92%, with the consensus EPS estimate being $3.77. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

Dick's Sporting Goods (DKS) came out with quarterly earnings of $4.37 per share, beating the Zacks Consensus Estimate of $3.77 per share. This compares to earnings of $2.82 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 15.92%. A quarter ago, it was expected that this sporting goods retailer would post earnings of $2.94 per share when it actually produced earnings of $3.30, delivering a surprise of 12.24%. Over the last four ...

Dick's Sporting Goods on Wednesday blew past Wall Street's earnings estimates in its fiscal second quarter and while the retailer did raise its full-year guidance as a result, the new outlook fell flat up against expectations. The sporting goods store comes behind a string of other retailers that issued muted or cautious guidance for the back half of the fiscal year as companies prepare for the presidential election in November and what some fear could lead to a slowdown in consumer spending. Here's how Dic ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended August 3, 2024 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File No. 001-31463 DICK'S SPORTING GOODS, INC. (Exact name of registrant as specified in its charter) Delaware 16-1241537 (State or Othe ...

Exhibit 99.1 FOR IMMEDIATE RELEASE DICK'S Sporting Goods Reports Second Quarter Results; Raises 2024 Outlook – Delivers 4.5% Comparable Sales Growth – – Delivers Double-Digit EBT Margin of 13.9% – ● Delivered net sales of $3.47 billion, up 7.8% versus the prior year including the expected benefit from the calendar shift of approximately $95 million ● Reported earnings per diluted share of $4.37, up 55% versus the prior year ● Raises full year 2024 guidance for comparable sales growth to a range of 2.5% to 3 ...

– Delivers 4.5% Comparable Sales Growth – 13 Weeks Ended Change (1) August 3, 2024 July 29, 2023 Second Quarter Operating Results (dollars in millions, except per share data) Net sales (2) $ 3,474$ 3,224 $ 2507.8 % Comparable sales (2) (3) 4.5 % 2.0 % Income before income taxes (4) $ 482 $ 326 $ 15648 % Income before income taxes (4) (% of net sales) 13.9 % 10.1 % 378 bps Effective tax rate 24.9 % 25.0 % (12) bps Net income $ 362 $ 244 $ 118 48 % Earnings per diluted share (2) $ 4.37$ 2.82 $ 1.5555 % August ...

DICK'S Sporting Goods Inc. (DKS) is set to announce its second-quarter fiscal 2024 earnings on Sep. 4. DKS' results are expected to register notable sales growth year over year. The Zacks Consensus Estimate for revenues is pegged at $3.4 billion, indicating growth of 6.4% from the year-ago quarter's figure. The company's results are anticipated to reflect solid bottom-line growth. The consensus estimate for earnings is pegged at $3.72 per share, which indicates an increase of 31.9% from the year-ago number. ...