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Dick's Sporting Goods (DKS) came out with quarterly earnings of $4.37 per share, beating the Zacks Consensus Estimate of $3.77 per share. This compares to earnings of $2.82 per share a year ago.
Dick's Sporting Goods beat Wall Street's expectations on the top and bottom lines. The sporting goods store raised its full-year outlook as a result but the forecast appeared muted compared with expectations.
@LikeFolio's Megan Brantley points to footwear and youth sports as drivers behind the company's sales boost. An uptick in digital users didn't hurt the stock, either.
The sports retail store recently reached all-time highs after adjusting its strategy. Can its stock continue to set new records?
DKS' second-quarter fiscal 2024 performance is likely to reflect gains from the solid execution of its strategic efforts including the store-expansion initiatives.
Here is how Dick's Sporting Goods (DKS) and Texas Roadhouse (TXRH) have performed compared to their sector so far this year.
Dick's Sporting Goods, Inc. DKS is projected to post revenue of $3.44 billion when it releases second-quarter, earnings on Wednesday, Sept. 4, according to data from Benzinga Pro.
Dick's (DKS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Dick's Sporting Goods is the latest high-profile organization dealing with an information systems breach. The retailer revealed the incident in a filing with the Securities and Exchange Commission (SEC) Wednesday (Aug. 28), one week after it discovered “unauthorized third-party access” to its systems, including some confidential information.