Dick's Sporting Goods (DKS) Tops Q1 EPS by 4c, Updates Guidance

Dick's Sporting Goods (NYSE: DKS) reported Q1 EPS of $0.62, $0.04 better than the analyst estimate of $0.58. Revenue for the quarter came in at $1.92 billion versus the consensus estimate of $1.9 billion.

Consolidated same store sales were flat.

GUIDANCE:

Dick's Sporting Goods sees FY2019 EPS of $3.20-$3.40, versus the consensus of $3.26.

Consolidated same store sales are currently expected to be slightly positive to an increase of 2%, compared to a 3.1% decrease in 2018. The Company expects to deliver positive consolidated same store sales beginning in the second quarter.

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

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