Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessDick’s Sporting Goods quarter beats expectations, raises guidance, shares rise 15 percent,...

Dick’s Sporting Goods quarter beats expectations, raises guidance, shares rise 15 percent, CWEB analysts analyze

Add to Favorite
Added to Favorite
London, United Kingdom – September 30, 2018: Close-up shot of Dick’s Sporting Goods’s popular app DICK’S Sporting Goods, Fitness.

Dick’s Sporting Goods (DKS) quarter results beat analysts’ expectations, and shares rose by over 15 percent in intra-day trading. The big box sports retailer also raised its full-year guidance but remains cautious for the back half of the year. Revenue and earnings have increased for the quarter ending May 4, but the company has taken a careful approach to sales guidance.

On Wednesday, Dick’s Sporting Goods announced its quarter-ending May 4 results and said that it was raising its full-year earnings guidance as many web fans have been spending more on athletic gear as well as new sneakers. It has raised its full-year guidance and is expecting earnings per share in the range of $13.35 to $13.75, while its earlier range was $12.85 to $13.25, beating LSEG analyst’s estimates of $13.25.

Dick’s has also raised its sales guidance but has taken a more cautious approach. The new comparable sales guidance is between 2 percent and 3 percent compared with the earlier guidance of 1 percent to 2 percent. Street Accounts said that analysts expected a 2 percent growth, the lower range of the new sales guidance.

Dick’s Sporting Goods reported an earnings per share of $3.30 in its recent quarter, while Wall Street analysts polled by LSEG estimated an earning per share of $2.95. The footwear and apparel retailer posted a revenue of $3.02 billion, while analysts expected the income in the quarter to be $2.94 billion. The sales saw a roughly 6 percent increase from last year’s quarter.

OrganicGreek.com

On an earnings call, CEO Lauren Hobart told analysts that the different areas, including “total hard lines,” saw growth in the quarter, and web fans were responding to “the experience” that they provided “in-store and online.”

Apparel and footwear markets are slowly reviving after a dismal performance in earlier quarters. CWEB gives Dick’s Sporting Goods a Hold rating.

XMicro.com

Celebrity WEB Update— Premier Jewelry designer and manufacturer fashion house ParisJewelry.com has started manufacturing a new custom line of celebrity jewelry designs with 30% Off and Free Shipping. Replenish Your Body- Refilter Your Health with OrganicGreek.com Vitamin Bottles, Vitamins, and Herbs. Become a  WebFans  Creator and Influencer. Check the New Special XMicro Razors for Men & Women, 1 Razor, 7 Blade Refills with German Stainless Steel, Lubricated with Vitamin E for Smooth Shave, Shields Against Irritation, Version X Men|Women

Subscribe to get Latest News Updates

Latest News

You may like more
more

Watch Samsung to launch wearable product, smart ring called Galaxy Ring, web fans are excited

Samsung (SSNLF) will soon launch its first-of-its-kind wearable product,...

Bad news for inflation: Wholesale prices rose in June

The cost of goods—including gas, electronics, and appliances—dropped by...

Benchmark Reiterates Buy Rating on JD.com, Adjusts Q2 Revenue Growth Projection

Benchmark analysts reaffirmed their Buy rating and set a...

Truist Securities Reiterates Buy Rating on Five9 Amid Activist Investor Push for Sale

Truist Securities analysts reaffirmed their Buy rating and set...