In the last ten quarters, Dick’s Sporting Goods (DKS) has missed analysts’ top-line estimates five times and surpassed them in the rest of the quarters.
Adjusted EPS beats estimate Dick’s Sporting Goods (DKS) reported its third-quarter results on November 28. Its adjusted EPS of $0.39 handily beat analysts’ estimate of $0.26. Its EPS rose 30.0% year-over-year. The lower provision for taxes helped the bottom-line growth. Dick’s Sporting Goods also repurchased $107.9 million worth of stock in the third quarter. It has about […]
Sales fall short of estimates Dick’s Sporting Goods’ (DKS) reported its third-quarter results for fiscal 2018 on November 28. The company reported sales of $1.86 billion, which missed analysts’ estimates of $1.88 billion. On a year-over-year basis, sales declined 4.5%. A calendar shift and weakness in the hunt and electronics categories hurt the company’s top line. The […]
As of November 21, Dick’s Sporting Goods’ (DKS) stock price is up 22.1% on a YTD (year-to-date) basis to $35.10 as strategic initiatives are gaining traction.
Forward PE multiples, calculated by dividing a company’s stock price by analysts’ earnings estimates for the next four quarters, are among the most frequently used multiples for comparing companies in the same sector.
On February 15, 2018, Dick’s Sporting Goods (DKS) increased its quarterly dividend by 32% to $0.225 per share, payable on March 30, 2018, to shareholders as of March 9, 2018.
Dick’s Sporting Goods’ sales of $1.94 billion and earnings per share of $0.30 easily topped the analysts’ estimate of $1.89 billion and $0.26 per share, respectively.
In the first three quarters of fiscal 2017, DKS opened 43 Dick’s Sporting Goods stores and 16 specialty concept stores. The company closed four specialty stores over the same timeframe.
Dick’s Sporting Goods’ (DKS) stock price slumped 45.9% in 2017 as the retail sector remained troubled. Its peers fell in double digits while the S&P 500 Index gained 19.4% in 2017.
