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Dick's Sporting Goods(DKS) - 2024 Q1 - Earnings Call Transcript
2024-05-29 23:52
财务数据和关键指标变化 - 第一季度销售额增长6.2%至30.2亿美元,调整后同店销售增长5.3% [31][32] - 毛利率增长10个基点至36.29% [33] - 实现双位数EBT利润率超过11% [36] - 每股收益为3.30美元 [15] 各条业务线数据和关键指标变化 - 各个业务线包括鞋类、运动服装和硬件商品均实现增长 [32] - 公司的旗舰自有品牌DSG、CALIA和VRST的销售增长超过公司整体 [26] 各个市场数据和关键指标变化 - 公司在各个收入人群中均实现增长,没有出现消费者向低端产品转移的迹象 [134] 公司战略和发展方向及行业竞争 - 公司正在通过提升全渠道运动员体验、差异化产品组合、提升员工体验等核心战略推动持续增长 [12][16][27] - 公司正在加快开设House of Sport和50K平方英尺新一代DICK's门店,这些新概念店将带动强劲的全渠道运动员参与度和销售利润 [17][18][19] - 公司正在扩张Golf Galaxy Performance Centers,看好高尔夫业务的长期增长机会 [20] - 公司正在通过GameChanger数字平台加强与运动员及其家庭的关系 [21][22][23] - 公司与主要品牌合作伙伴的关系更加紧密,产品创新和差异化不断提升 [24][25] 管理层对经营环境和未来前景的评论 - 公司对未来保持高度信心,预计全年同店销售增长2%-3%,每股收益13.35-13.75美元 [15] - 公司对行业整体健康状况和消费者需求保持乐观,没有看到明显的消费降级迹象 [134] 其他重要信息 - 公司调整了同店销售计算方式,包括GameChanger业务收入 [9] - 公司将广告开业费用从销售费用重分类至开业费用 [10] 问答环节重要的提问和回答 问题1 **Adrienne Yih 提问** 公司如何看待未来体育用品零售行业的格局,以及在提升客户服务、培训和广告投入方面的计划 [48][49] **Lauren Hobart 和 Navdeep Gupta 回答** 公司正在通过House of Sport和新一代50K门店提供独特的运动体验,吸引消费者并与品牌合作伙伴深度合作 [50][51] 公司将持续投资于提升客户服务、员工培训和技术工具,以支持卓越的运动员体验 [50][51] 问题2 **Simeon Gutman 提问** 公司如何看待本季度商品毛利率下降,以及全年毛利率和利润率的走势 [53][54][55][56][57] **Navdeep Gupta 回答** 公司预计全年商品毛利率和整体毛利率将会温和增长,主要受益于库存清理和缩减不利影响的减弱 [55][99] 问题3 **Kate McShane 提问** 公司提高全年同店销售增长指引的主要原因,是否主要来自于市场份额提升 [60][61] **Lauren Hobart 回答** 公司预计将继续保持市场份额增长,这是公司的核心战略之一,同时也反映了公司在第一季度的强劲表现 [61]
Dick's Sporting Goods Stock Soars as Shoppers Increase, Spend More
investopedia.com· 2024-05-29 22:40
Key Takeaways Dick's Sporting Goods beat first-quarter profit and sales estimates as its stores drew in more shoppers who spent more money. Comparable sales were up 5.3%, more than double what analysts had been expecting. The sports and recreation equipment retailer boosted its full-year adjusted earnings and comparable store sales guidance. Shares of Dick’s Sporting Goods (DKS) surged Wednesday after the sports and recreation equipment retailer posted better-than-anticipated results and boosted its guidanc ...
Dick's Sporting Goods on the rise as first quarter impresses investors
proactiveinvestors.com· 2024-05-29 21:42
About this content About Jamie Ashcroft Jamie Ashcroft, the News Editor for Proactive UK, has developed an impressive career in financial journalism, focusing on the small-cap sector for over fourteen years. Before joining the Proactive team, he was a stockbroker during the global financial crisis, a role that complemented his educational background - a first- class degree in Business and Economics and qualifications in software design and development. As one of the early external hires at Proactive in 2009 ...
Dick's Sporting Goods(DKS) - 2025 Q1 - Quarterly Results
2024-05-29 19:04
净销售额及盈利预期 - 第一季度净销售额为30.2亿美元,同比增长6.2%[1] - 每股稀释收益为3.30美元,EBT增长4%[1] - 2024年全年预期可比销售增长范围提高至2.0%至3.0%[1] - 2024年全年每股稀释收益预期范围为13.35至13.75美元[1] - 2024年全年净销售预期为131亿至132亿美元[7] 资本支出及财务状况 - 2024年全年资本支出预计约为9亿美元[7] - 现金及现金等价物为16.49亿美元,存货净额为32.01亿美元[3] - 2024年第一季度现金及现金等价物为16.49亿美元[24] - 2024年第一季度经营活动产生的净现金流为2.31亿美元[25] - 2024年第一季度净资本支出为1.57亿美元,净资本支出为1.26亿美元[27] 股份回购及分红 - 股份回购金额为1.14亿美元,分红支付金额为0.94亿美元[3] - 2024年第一季度公司回购了50万股普通股,总成本为1.136亿美元[5] - 2024年第一季度公司宣布每股股息为1.10美元[6] 公司业绩 - DICK'S Sporting Goods, Inc. 2024年第一季度净销售额为30.18亿美元,同比增长6.2%[23] - 2024年第一季度毛利润为10.95亿美元,毛利率为36.29%[23] - 2024年第一季度净利润为2.75亿美元,每股基本收益为3.42美元[23] - 2024年第一季度非GAAP基础下的净利润为2.75亿美元,每股摊薄收益为3.30美元[26]
Dick's Sporting Goods raises guidance, says shoppers are spending more on sneakers and athletic gear
cnbc.com· 2024-05-29 19:02
A shopping cart sits in front of a Dick's Sporting Goods store on August 26, 2020 in Daly City, California. Dick's Sporting Goods on Wednesday said customers are spending more on new sneakers and athletic gear, leading the retailer to raise its full-year earnings guidance. Shares jumped about 7% in premarket trading. The big-box sports store's comparable sales grew 5.3% during its fiscal first quarter, well ahead of the 2.4% growth that analysts had expected, according to StreetAccount. The company said tha ...
Here's How DICK'S Sporting (DKS) Looks Ahead of Q1 Earnings
zacks.com· 2024-05-28 00:06
DICK’S Sporting Goods Inc. (DKS) is expected to register year-over-year sales growth when it releases first- quarter fiscal 2024 results on May 29. The Zacks Consensus Estimate for revenues is pegged at $2.9 billion, indicating growth of 3.5% from the year-ago quarter’s reported figure. The consensus estimate for earnings is pegged at $2.94 per share, which suggests a decline of 13.5% from the year-ago reported number. The consensus mark has moved down a couple of cents in the past seven days. In the last r ...
Dick's Sporting Goods (DKS) Exceeds Market Returns: Some Facts to Consider
zacks.com· 2024-05-25 07:01
In the latest trading session, Dick's Sporting Goods (DKS) closed at $189.97, marking a +1.81% move from the previous day. This change outpaced the S&P 500's 0.7% gain on the day. On the other hand, the Dow registered a gain of 0.01%, and the technology-centric Nasdaq increased by 1.1%. The sporting goods retailer's shares have seen a decrease of 8.62% over the last month, not keeping up with the Retail-Wholesale sector's gain of 1.98% and the S&P 500's gain of 4.03%. Investors will be eagerly watching for ...
Stay Ahead of the Game With Dick's (DKS) Q1 Earnings: Wall Street's Insights on Key Metrics
zacks.com· 2024-05-23 22:16
In its upcoming report, Dick's Sporting Goods (DKS) is predicted by Wall Street analysts to post quarterly earnings of $2.96 per share, reflecting a decline of 12.9% compared to the same period last year. Revenues are forecasted to be $2.94 billion, representing a year-over-year increase of 3.5%. The current level reflects an upward revision of 0.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their i ...
Analysts Estimate Dick's Sporting Goods (DKS) to Report a Decline in Earnings: What to Look Out for
zacks.com· 2024-05-22 23:01
The market expects Dick's Sporting Goods (DKS) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended April 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on May 29, 2024, might help the stock move higher if these key number ...
Here's Why Dick's Sporting Goods (DKS) is a Strong Growth Stock
zacks.com· 2024-05-22 22:50
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? T ...