Dick’s Sporting Goods (NYSE:DKS) reported its Q1 earnings results yesterday, with EPS coming in at $3.40, above the Street estimate of $3.12. Revenue came in at $2.84 billion, compared to the Street estimate of $2.81 billion.
The company provided its outlook for fiscal 2024, expecting EPS to be in the range of $12.90-$13.80, compared to the Street estimate of $13.33.
Analysts at Oppenheimer look very favorably on recent trends at the company and continue to believe that solid sales and earnings at the chain reflect a now much stronger, better-positioned business model navigating well a more challenged backdrop.
At CWEB, we are always looking to expand our network of strategic investors and partners. If you're interested in exploring investment opportunities or discussing potential partnerships and serious inquiries. Contact: jacque@cweb.com