Dick`s Sporting Goods Inc
- Dick's Sporting Goods Inc. gained 1.7% to $180.08 after the retailer reported higher revenue in the first quarter.
Net sales jumped to $3.17 billion from $3.02 billion, net income eased to $264.39 million from $275.29 million, and diluted earnings per share fell to $3.24 from $3.30 a year ago.
The company continues to expect full-year comparable sales growth in the range of 1% to 3% as it opened six new retail locations during the first quarter and agreed to acquire Foot Locker Inc.
The sporting goods retailer announced a quarterly cash dividend of $1.2125 per share payable on June 27 to shareholders on record on June 13.
For the full year, the company estimated revenue to be between $13.6 billion and $13.9 billion, compared to $13.44 billion, and diluted earnings per share between $13.80 and $14.40, compared to $14.05 a year ago, respectively.
May 29, 2025
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