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Dick's Sporting Goods Inc (DKS.N)

DKS.N on New York Stock Exchange

39.00USD
13 Sep 2019
Change (% chg)

$0.39 (+1.01%)
Prev Close
$38.61
Open
$39.01
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$39.60
Day's Low
$38.54
Volume
318,963
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551,829
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$41.19
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$29.69

Latest Key Developments (Source: Significant Developments)

Dick's Sporting Goods Reports Q2 Earnings Per Share $1.26
Thursday, 22 Aug 2019 

Aug 22 (Reuters) - Dick's Sporting Goods Inc ::DICK'S SPORTING GOODS REPORTS SECOND QUARTER RESULTS; DELIVERS 3.2% INCREASE IN SAME STORE SALES AND RAISES FULL YEAR GUIDANCE.Q2 EARNINGS PER SHARE $1.26.Q2 SALES $2.26 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.21 BILLION.Q2 SAME STORE SALES ROSE 3.2 PERCENT.Q2 EARNINGS PER SHARE ESTIMATE $1.21 -- REFINITIV IBES DATA.SEES FY 2019 EARNINGS PER SHARE $3.30 TO $3.45.TOTAL INVENTORY INCREASED 19.0% AT END OF Q2 OF 2019.AMENDED AND EXTENDED ITS REVOLVING CREDIT FACILITY AS IT INCREASED ITS LIMIT FROM $1.25 BILLION TO $1.6 BILLION.CONTINUING STRATEGIC REVIEW OF ITS HUNT BUSINESS, INCLUDING FIELD & STREAM.EXTENDED MATURITY OF FACILITY TO JUNE 28, 2024 UNDER SUBSTANTIALLY SAME TERMS.2019 CONSOLIDATED SAME STORE SALES ARE CURRENTLY EXPECTED TO INCREASE LOW SINGLE-DIGITS.DICK'S SPORTING GOODS- FY EARNINGS PER DILUTED SHARE GUIDANCE INCLUDES EXPECTED IMPACT FROM ALL TARIFFS CURRENTLY IN EFFECT.BLUE SOMBRERO AND AFFINITY SPORTS SALE IS EXPECTED TO RESULT IN A ONE-TIME GAIN WHICH WILL BE DETERMINED LATER IN Q3.FY EARNINGS PER DILUTED SHARE GUIDANCE ALSO INCLUDES NEW 10% TARIFF ON SUBSTANTIALLY ALL REMAINING CHINESE IMPORTS.DICK'S SPORTING GOODS - IN 2019, ANTICIPATES CAPITAL EXPENDITURES TO BE ABOUT $230 MILLION ON A GROSS BASIS AND APPROXIMATELY $200 MILLION ON A NET BASIS.  Full Article

Dick's Sporting Goods Inc says On June 28, Entered Into Fourth Amendment To Amended And Restated Credit Agreement, Dated As Of Aug 12, 2015
Thursday, 4 Jul 2019 

July 3 (Reuters) - Dick's Sporting Goods Inc ::DICK'S SPORTING GOODS INC - ON JUNE 28, ENTERED INTO A FOURTH AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT, DATED AS OF AUG 12, 2015.DICK'S SPORTING GOODS INC - MATURITY DATE OF COMMITMENTS AND LOANS UNDER EXISTING CREDIT AGREEMENT WAS EXTENDED TO JUNE 28, 2024.DICK'S SPORTING GOODS INC - AGGREGATE COMMITMENTS UNDER SENIOR SECURED CREDIT FACILITY WERE INCREASED BY $350 MILLION, TO $1.6 BILLION.DICK'S SPORTING GOODS INC - UNCOMMITTED ACCORDION FEATURE THEREUNDER WAS INCREASED BY $150 MILLION, TO $500 MILLION.  Full Article

Dick's Sporting Goods Recalls Ethos Pull-Up Assist Due To Laceration Hazard
Friday, 24 May 2019 

May 24 (Reuters) - Dick's Sporting Goods Inc ::DICK'S SPORTING GOODS RECALLS ETHOS PULL-UP ASSIST DUE TO LACERATION HAZARD.DICK'S SPORTING GOODS - RECEIVED SEVEN REPORTS OF EQUIPMENT BREAKING, RESULTING IN SIX LACERATIONS.DICK'S SPORTING GOODS - ONE ETHOS PULL-UP ASSIST RELATED INCIDENT REQUIRED CONSUMER TO RECEIVE STICHES, ANOTHER REQUIRED CONSUMER TO RECEIVE STAPLES.  Full Article

Dick's Sporting Goods Says Q4 Same Store Sales Fell 3.7 Pct
Tuesday, 12 Mar 2019 

March 12 (Reuters) - Dick's Sporting Goods Inc ::DICK'S SPORTING GOODS REPORTS FULL YEAR 2018 EARNINGS PER DILUTED SHARE OF $3.24, NEAR THE HIGH-END OF ITS GUIDANCE OF $3.15 TO 3.25.Q4 SAME STORE SALES FELL 3.7 PERCENT.Q4 EARNINGS PER SHARE $1.07.Q4 EARNINGS PER SHARE ESTIMATE $1.06 -- REFINITIV IBES DATA.COMPANY EXPECTS FULL YEAR 2019 CONSOLIDATED SAME STORE SALES TO BE APPROXIMATELY FLAT TO AN INCREASE OF 2%.SEES POSITIVE CONSOLIDATED SAME STORE SALES BEGINNING IN Q2.ECOMMERCE SALES INCREASED 17% DURING Q4.Q4 NON-GAAP EARNINGS PER SHARE $1.22.Q4 SALES $2.49 BILLION, DOWN 6.5 PERCENT.SEES FY 2019 EARNINGS PER SHARE ABOUT $3.15 TO $3.35.DICK'S SPORTING GOODS - IN 2019, CO ANTICIPATES CAPEX TO BE APPROXIMATELY $230 MILLION ON A GROSS BASIS AND APPROXIMATELY $200 MILLION ON A NET BASIS.DICK'S SPORTING GOODS - QTRLY CONSOLIDATED NET INCOME NEGATIVELY IMPACTED BY ABOUT $0.08/DILUTED EARNINGS PER SHARE VERSUS LAST YEAR DUE TO SHIFTED CALENDAR.COMPANY EXPECTS TO OPEN SEVEN NEW DICK'S SPORTING GOODS STORES AND RELOCATE THREE DICK'S SPORTING GOODS STORES IN 2019.TOTAL INVENTORY INCREASED 6.6% AT END OF Q4 OF 2018 AS COMPARED TO END OF Q4 OF 2017.DICK'S SPORTING GOODS - ADJUSTED FOR CALENDAR SHIFT, QTRLY CONSOLIDATED SAME STORE SALES DECREASED 2.2% ON A 13-WEEK TO 13-WEEK COMPARABLE BASIS.FY2019 EARNINGS PER SHARE VIEW $3.23 -- REFINITIV IBES DATA.  Full Article

Dick's Sporting Goods Announces 22 Pct Increase In Quarterly Dividend
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Dick's Sporting Goods Inc ::DICK'S SPORTING GOODS ANNOUNCES 22 PERCENT INCREASE IN QUARTERLY DIVIDEND.SETS QUARTERLY DIVIDEND OF $0.275PER SHARE.  Full Article

Dick's Sporting Goods Reports Q3 Same Store Sales Fell 6.1 Pct
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - Dick's Sporting Goods Inc ::DICK'S SPORTING GOODS REPORTS THIRD QUARTER RESULTS.Q3 EARNINGS PER SHARE $0.39.Q3 SAME STORE SALES FELL 6.1 PERCENT.Q3 EARNINGS PER SHARE ESTIMATE $0.26 -- REFINITIV IBES DATA.SEES FY 2018 EARNINGS PER SHARE $3.15 TO $3.25.REPURCHASED $108 MILLION OF COMMON STOCK DURING QUARTER.COMPANY RAISES FULL YEAR 2018 EARNINGS PER DILUTED SHARE GUIDANCE TO $3.15 TO $3.25.NET SALES FOR Q3 OF 2018 DECREASED 4.5% TO APPROXIMATELY $1.86 BILLION.Q3 REVENUE VIEW $1.88 BILLION -- REFINITIV IBES DATA.TOTAL INVENTORY INCREASED 0.8% AT END OF Q3 OF 2018 AS COMPARED TO END OF Q3 OF 2017.FY 2018 NET CAPITAL EXPENDITURES ARE NOW EXPECTED TO BE APPROXIMATELY $165 MILLION.SEES FY CONSOLIDATED SAME STORE SALES TO DECLINE 3% TO 4%.DICK'S SPORTING GOODS - IN QUARTER, "COMP SALES WERE WITHIN OUR RANGE OF EXPECTATIONS, INCLUDING CONTINUED HEADWINDS IN HUNT AND ELECTRONICS CATEGORIES".ADJUSTED FOR CALENDAR SHIFT, QTRLY CONSOLIDATED SAME STORE SALES DECREASED 3.9%.FY EARNINGS PER SHARE VIEW $3.14, REVENUE VIEW $8.46 BILLION -- REFINITIV IBES DATA.  Full Article

Dick's Sporting Goods Says Does Not Have The Best Relationship With Firearms Manufacturers Right Now
Wednesday, 30 May 2018 

May 30 (Reuters) - Dick's Sporting Goods Inc ::DICK'S SPORTING GOODS INC SAYS THERE HAS "DEFINITELY" BEEN SOME BENEFIT OF PEOPLE WHO HAVE JOINED US BECAUSE OF CHANGES IN GUN SALES POLICY - CONF CALL.DICK'S SPORTING GOODS INC SAYS CO DOES NOT HAVE THE BEST RELATIONSHIP WITH FIREARMS MANUFACTURERS RIGHT NOW.  Full Article

Dick's Sporting Goods Sets Quarterly Dividend Of $0.225 Per Share
Tuesday, 22 May 2018 

May 22 (Reuters) - Dick's Sporting Goods Inc ::SETS QUARTERLY DIVIDEND OF $0.225PER SHARE.  Full Article

Dick's Sporting Goods Says Raised Board Size to 10 - SEC Filing ​
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Dick's Sporting Goods Inc ::DICK'S SPORTING GOODS SAYS ‍INCREASED SIZE OF BOARD FROM NINE TO TEN MEMBERS - SEC FILING ​.  Full Article

DICK's Sporting Goods names new chief technology officer
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Dick's Sporting Goods Inc ::Names new chief technology officer.Paul Gaffney has been named chief technology officer, effective November 20​.  Full Article

U.S. firearms distributor files bankruptcy as gun sales fall under Trump

United Sporting Cos, a large firearms distributor whose roots date to the Great Depression, filed for bankruptcy protection on Monday and said it plans to liquidate, hurt by falling sales after President Donald Trump was elected and as Dick's Sporting Goods Inc began moving away from firearms.