Warm Weather Effects Inventory and Sales; Cowen Cuts Price Target on Dick's Sporting Goods (DKS)
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DICK'S Sporting Goods Reports Third Quarter Results
November 17, 2015 7:30 AM ESTPITTSBURGH, Nov. 17, 2015 /PRNewswire/ -- DICK'S Sporting Goods, Inc. (NYSE: DKS), the largest U.S. based full-line omni-channel sporting goods retailer, today reported sales and earnings results for the third quarter ended October 31, 2015.
Third Quarter Results
The Company reported consolidated net income for the third quarter ended October 31, 2015 of $47.2 million, or $0.41 per diluted share. The Company reported consolidated net income for the third quarter ended November 1, 2014 of $49.2 million, or $0.41 per diluted share. Excluding a litigation settlement charge in the current year, net income was $51.9 million, or $0.45 per diluted share compared to the Company's... More
