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Dick's Sporting Goods boosts 2022 outlook after second-quarter earnings top estimates

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Dick's Sporting Goods reported quarterly earnings and revenue that topped analysts' expectations and boosted its financial outlook for the year.

Dick's Sporting Goods reported second-quarter earnings and revenue that topped Wall Street estimates.It also raised the low end of its full-year comparable store sales guidance.Cars are seen parked in front of a Dick's Sporting Goods store at Monroe Marketplace in Pennsylvania.on Tuesday reported quarterly earnings and revenue that topped analysts' expectations and boosted its financial outlook for the year.

For the full year, Dick's now expects adjusted earnings per share to be between $10 and $12. That's up from its previous forecast of $9.15 and $11.70. Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Revenue: $3.11 billion vs. $3.07 billion expected

 

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