Loading...
Market
Dick's Sporting Goods stock performance relative to competitors by end of FY24
3
Resolution / Starting Odds
Outperforms Major Competitors • 33%
Performs on Par with Major Competitors • 34%
Underperforms Major Competitors • 33%
Stock Market Data
Story
Dick's Sporting Goods Reports Strong Q1 Earnings, Raises FY24 Guidance; Shares Up 7.7% Pre-Market
May 29, 2024, 12:12 PM
Dick's Sporting Goods reported strong Q1 2024 earnings, exceeding analyst expectations. The company posted an EPS of $3.30, surpassing the estimated $2.95, and reported revenue of $3.02 billion, beating the expected $2.94 billion. Comparable sales grew by 5.3%, driven by increased transactions and average ticket size. Despite a 9.6% decline in net income due to higher tax provisions, total sales increased by 6.2% year-over-year. Following these results, Dick's Sporting Goods raised its full-year EPS guidance to $13.35-$13.75 from the previous $12.85-$13.25 and expects net sales to reach $13.1-$13.2 billion. The company also declared a quarterly dividend of $1.10 per share. Shares of Dick's Sporting Goods rose 7.7% in premarket trading as the market responded positively to the earnings beat and raised outlook. CEO Ed Stack stated, "Our strong first quarter results continue to prove that DICK’S is the destination for athletes."
View original story
Similar markets
Outperforms all major competitors • 33%
Performs on par with major competitors • 33%
Underperforms against major competitors • 33%
Outperforms All • 25%
Outperforms Some • 25%
Underperforms • 25%
Performs on Par • 25%
Outperforms all • 25%
Underperforms all • 25%
Outperforms some • 25%
Underperforms some • 25%
Outperforming major competitors • 33%
Performing on par with major competitors • 33%
Underperforming compared to major competitors • 33%
Outperforms major retail stocks • 33%
Performs on par with major retail stocks • 34%
Underperforms compared to major retail stocks • 33%
Better than Walmart • 25%
Better than Target • 25%
Better than Dollar General • 25%
Underperforms all • 25%
Outperforms competitors • 25%
Performs on par with competitors • 25%
Underperforms competitors • 25%
Significant loss against competitors • 25%
Outperforms Other Major Retailers • 25%
Performs on Par with Other Major Retailers • 25%
Underperforms Compared to Other Major Retailers • 25%
Performs Significantly Worse Than Other Major Retailers • 25%
Top performer • 33%
Average performer • 34%
Below average performer • 33%
Outperform • 33%
Underperform • 33%
Perform on par • 34%
Underperforms sector • 33%
Matches sector • 34%
Outperforms sector • 33%
Outperforms competitors • 33%
Underperforms competitors • 33%
Performs similarly to competitors • 34%