DKS Stock Slides More Than 14% Despite Upbeat Q1 Preliminary Results

DICK'S Sporting Goods, Inc. (DKS) has announced select preliminary results for first-quarter fiscal 2025. For the same quarter, management expects a comparable sales increase of 4.5%, higher than our model prediction of 2.1% growth. DKS envisions earnings per share (EPS) of $3.24 and adjusted EPS of$3.37. Adjusted EPS view is higher than $3.30 earned in the year-earlier quarter and the Zacks Consensus Estimate of$3.21.(See the Zacks Earnings Calendar to stay ahead of market-making news.)DICK'S Sporting is ...