earnings
confidence high
sentiment positive
materiality 0.75
Dick's Sporting Goods Q3 sales record $3.04B, EPS beat; raises FY non-GAAP EPS outlook to $12.00-$12.60
DICK'S SPORTING GOODS, INC.
2023-Q3 EPS reported
$8.63
revenue$9,108,228,000
- Q3 net sales $3.042B (+2.8% YoY), record; comparable store sales +1.7% on top of +6.5% prior year.
- GAAP EPS $2.39; non-GAAP EPS $2.85 vs $2.60 (+10% YoY). Non-GAAP EBT margin 10.6%.
- Raises FY2023 non-GAAP EPS outlook to $12.00-$12.60 (from $11.50-$12.30); comparable sales guidance +0.5% to +2.0%.
- Declares quarterly dividend of $1.00/share, payable Dec 29 to holders of record Dec 15 (unchanged from prior quarter).
- Repurchased 5.4M shares YTD for $649M; $780M remaining under authorization.