earnings
confidence high
sentiment positive
materiality 0.75
DICK'S Q1 EPS $3.40 beats; sales up 5.3% to $2.842B; comps +3.4%; reaffirms FY outlook
DICK'S SPORTING GOODS, INC.
2023-Q1 EPS reported
$3.40
revenue$2,842,181,000
- Q1 EPS $3.40 (GAAP) vs $2.47 prior year; no non-GAAP adjustments in current period.
- Net sales $2.842B (+5.3% YoY); comparable store sales +3.4% driven by 2.7% transaction growth.
- Income before income taxes margin 11.6% vs 12.3% prior year, down 74 bps.
- Reaffirms FY2023 EPS guidance $12.90-13.80; comps flat to +2.0% on 52-week basis.
- Quarterly dividend declared $1.00/share, payable June 30 to holders of record June 16.