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Dick’s SG’s Again Tops Expectations In Q4

March 8, 2022

Dick’s Sporting Goods reported earnings on an adjusted basis grew 50 percent in the fourth quarter ended January 29 on a 5.9 percent same-store sales gain. Both earnings and sales topped Wall Street’s guidance, with the period marking Dick’s largest sales quarter. Earnings are expected to decline in the current year, with anticipated comps in the range of negative 4 percent to flat, but EPS guidance was ahead of Wall Street targets. SGB Media