Tuesday, March 12, 2019

DICK'S Sporting Goods Expects Positive Comps. Beginning Q2 - Quick Facts

DICK'S Sporting Goods, Inc. (DKS) announced, for fiscal 2019, based on an estimated 95 million diluted shares outstanding, the company currently projects earnings per diluted share to be approximately $3.15 to 3.35, which includes approximately $30 million, or $0.23 per diluted share, of net investments in business transformation initiatives. For fiscal 2019, consolidated same store sales are currently expected to be approximately flat to an increase of 2%. The company expects to deliver positive consolidated same store sales beginning in the second quarter.

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