earnings
confidence high
sentiment positive
materiality 0.80
Dick's posts record FY2022 sales $12.37B; Q4 comps +5.3%; dividend doubled to $1.00/qtr
DICK'S SPORTING GOODS, INC.
2022-FY EPS reported
$10.78
revenue$12,368,198,000
- Full year net sales $12.37B (record, +0.6% YoY); diluted EPS $10.78 GAAP, $12.04 non-GAAP.
- Q4 net sales $3.60B (+7.3%); comparable store sales +5.3%; Q4 diluted EPS $2.60 GAAP, $2.93 non-GAAP.
- Quarterly dividend raised 105% to $1.00/share (annualized $4.00), payable Mar 31 to holders of record Mar 17.
- FY2023 outlook: EPS $12.90-$13.80 (incl ~$0.20 from 53rd week); comp store sales flat to +2.0%.
- Inventory $2.83B at year-end; cash $1.92B; $1.4B remaining under share repurchase authorization.