DKS - Dick's Sporting Goods Scores Big: Surpasses Q1 Expectations And Boosts Full-Year Forecast | Benzinga
Dick's Sporting Goods Inc (NYSE:DKS) shares are trading higher after the company reported better-than-expected first-quarter FY24 earnings and raised the outlook.
The company reported first-quarter FY24 sales growth of 6.2% year-on-year to $3.02 billion, beating the analyst consensus estimate of $2.94 billion.
Comparable store sales increased 5.3% versus a 3.6% growth a year ago. Adjusted EPS of $3.30 beat the analyst consensus estimate of $2.95.
Gross profit margin expanded 10 basis points Y/Y to ...