DKS Stock Recent News

Dick's topped estimates on the top and bottom lines. Lower inventories led to expanding gross margins.

DICK'S Sporting (DKS) posts solid fourth-quarter fiscal 2023 results. Consolidated comps rise 2.8% year over year.

Shares of Dick's Sporting Goods (DKS) are trading higher Thursday morning after the company posted its fourth quarter earnings, revealing an increase in same-store sales by 2.8% year over year. The report also showed revenue for the quarter was $3.88 billion, beating expectations of $3.8 billion.

In an effort to further engage its highest-value customers, Dick's Sporting Goods is integrating more technology into the in-store experience.

Dick's Sporting Goods (DKS) shares surged in early trading Thursday after the retailer posted fourth-quarter earnings that significantly surpassed analyst estimates for the holiday quarter.

Dick's Sporting Goods Inc (NYSE:DKS) stock is gapping to record highs today, up 13.2% to trade at $212.54 at last glance, earlier hitting a peak of $222.92.

While the top- and bottom-line numbers for Dick's (DKS) give a sense of how the business performed in the quarter ended January 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Dick's Sporting Goods (NYSE:DKS), the sports retailer, is trading 8% higher ahead on the market open after it hiked its dividend 10% and reported a record sales quarter. Sales during the group's fourth quarter, which included the festive period, rose to US$3.88 billion, edging Wall Street guidance of US$3.80 billion.

Dick's Sporting Goods (DKS) came out with quarterly earnings of $3.85 per share, beating the Zacks Consensus Estimate of $3.35 per share. This compares to earnings of $2.93 per share a year ago.

CNBC's Joe Kernen reports on the company's quarterly earnings results.