Tuesday, March 8, 2016

DICK'S Sporting Goods Issues Guidance; Q4 Profit Misses Estimates

DICK'S Sporting Goods, Inc. (DKS), the largest U.S. based full-line omni-channel sporting goods retailer, announced the company currently anticipates reporting consolidated earnings per share of approximately $2.85 to $3.00 in fiscal 2016. The company's consolidated earnings per share guidance includes the expectation of approximately $100 to 200 million of share repurchases in 2016. Analysts polled by Thomson Reuters expect the company to report profit per share of $3.23 for 2016. Analysts' estimates typically exclude special items.

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