secwatch.observer — SEC 8-K summary
======================================

Issuer:     DICK'S SPORTING GOODS, INC. (DKS)
CIK:        0001089063
Form:       8-K
Filed at:   2022-05-25T23:59:59+00:00
Accession:  0001089063-22-000067
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DICK'S Sporting Q1 comps -8.4%, EPS $2.47; guides FY EPS $7.95-$10.15, dividend raised to $0.4875
--------------------------------------------------------------------------------

- Q1 net sales $2.70B, down 7.5% YoY; comparable store sales -8.4%.
- GAAP EPS $2.47, non-GAAP $2.85; net income $260.6M vs $361.8M a year ago.
- FY 2022 outlook: comps -8% to -2%; GAAP EPS $7.95-$10.15, non-GAAP $9.15-$11.70.
- Quarterly dividend increased 34% to $0.4875/share, payable June 24, 2022 to record June 10.
- Repurchased 0.4M shares for $42.2M in Q1; $1.8B remaining under buyback program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1089063/000108906322000067/0001089063-22-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1089063/000108906322000067/dks-20220524.htm
  HTML page:      https://secwatch.observer/filing/0001089063-22-000067

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer