Dick's Sporting Goods Stock Soars as Shoppers Increase, Spend More
DKSDick's Sporting Goods(DKS) 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 ...