Dick's Sporting Goods Inc. DKS, -2.38% stock soared 11.4% in Wednesday premarket trading after the athletic retailer reported second-quarter earnings and sales that blew past expectations. Net income of $276.8 million, or $3.12 per share, jumped from $112.5 million, or $1.26 per share, last year. Adjusted EPS of $3.21 was well above the FactSet consensus for $1.26. Sales of $2.71 billion were up from $2.26 billion last year and ahead of the FactSet outlook for $2.46 billion.
1 billion in cash and equivalents and no outstanding borrowings after repaying $1.4 billion from its $1.855 billion revolving credit facility. Dick's Sporting Goods recently extended its 15% pay premium to workers through the end of the year. The retailer did not provide financial guidance due to the uncertainty from the coronavirus pandemic. Through the first three weeks of the third-quarter, same-store sales increased 11%.
boycottdicks
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Salesforce soars on big earnings beatAn adjustment to reflect a gain on investments helped Salesforce beat expectations, a day after the announcement that Salesforce would join the Dow Jones Industrial Average. DiazMichael_ Salesforce is going to crash soon or tomorrow! People are over buying it after it’s “big earning report beat!” Look closely at the earning reports, EPS = -$0.18!? Losing money per share, yet trading at $216! Bulls are going to meet the bears! How about hootsuite?
La source: CNBC - 🏆 12. / 72 Lire la suite »
Tesla's eligibility to be included in the S&P 500 puts the index committee in a 'real bind' as its market value soars past Walmart, Datatrek says (TSLA) | Markets InsiderTesla's eligibility to be included in the S&P 500 puts the index committee in a 'real bind' as its market value soars past Walmart, Datatrek says Do You Want To Make 3d Animated Logo Intro Video In $5 ? Contact Me : Logo Animation 3D Logo Animation Top Logo Animation Best Logo Animation tslaqtwin Not really. They can simply say 'No', for many reasons- most glaring is that Tesla fails to measure up to GAAP earnings. Merely qualifying doesn't guarantee inclusion- everyone knows these shares are wildly inflated, it would be stupid to add them now.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »