Dick's Sporting Goods blows past earnings estimates but issues cautious guidance ahead of 2024 election

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

News 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Theft at Dick’s Sporting Goods had previously impacted its profits but the company now appears to be past those issues.

The sporting goods store raised its full-year outlook as a result but the forecast appeared muted compared with expectations.

Here's how Dick's did compared with what Wall Street was anticipating, based on a survey of analysts by LSEG:The company's reported net income for the three-month period that ended Aug. 3 was $362 million, or $4.37 per share, compared with $244 million, or $2.82 per share, a year earlier. For fiscal 2024, Dick's is now expecting diluted earnings per share to be between $13.55 and $13.90, up from previous guidance of $13.35 to $13.75 per share. At the midpoint, Dick's only raised its earnings guidance by about 18 cents, even though its fiscal second-quarter earnings came in 54 cents higher than expected. At the low end, Dick's earnings guidance falls a bit short of the $13.79 that analysts had expected, according to LSEG.

Last week, the company disclosed in a securities filing that it was the victim of a cyberattack and"certain confidential information" was breached. Dick's said that it activated its"cybersecurity response plan" as a result and engaged with external experts to investigate and isolate the threat.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 288. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인