Dick's Sporting Goods (DKS) Tops Q4 EPS by 8c; Issues Light Q1 EPS Outlook

Dick's Sporting Goods (NYSE: DKS) reported Q4 EPS of $1.30, $0.08 better than the analyst estimate of $1.22. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.12 billion.

Consolidated same store sales increased 3.4% compared to the Company's guidance of an approximate 1 to 3% increase. Same store sales for DICK'S Sporting Goods increased 3.8%, while Golf Galaxy decreased 7.1%. Fourth quarter 2013 consolidated same store sales increased 7.3%, adjusted for the shifted retail calendar due to the 53rd week in 2012.

Dick's Sporting Goods sees FY2015 EPS of $3.10-$3.20, versus the consensus of $3.20. Consolidated same store sales are currently expected to increase 1 to 3%, compared to a 2.4% increase in fiscal 2014.

Dick's Sporting Goods sees Q1 2015 EPS of $0.49-$0.53, versus the consensus of $0.57. Consolidated same store sales are currently expected to be approximately flat to an increase of 2% in the first quarter of 2015, compared to a 1.5% increase in the first quarter of 2014.

For earnings history and earnings-related data on Dick's Sporting Goods (DKS) click here.

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