Earnings Preview: Dick's Sporting Goods

| About: Dick's Sporting (DKS)

Dick's Sporting Goods (NYSE:DKS) is expected to report Q1 earnings before the market open on Tuesday, May 19 with a conference call scheduled for 10:00 am ET.


Analysts are looking for a profit of 7c on revenue of $911.85M. The consensus range is 4c-11c for EPS, and revenue of $877.84M-$969M, according to First Call.

Analyst Views

In March, Sterne Agee said that although the stock has appreciated significantly in recent weeks, the company is well positioned to maintain earnings power despite sharp declines in sales productivity. The firm said short term challenges are likely to include increased savings rate and macro headwinds, but that the company's goal of 800 stores is attainable when substantial capacity contributed by rivals is taken out. Thomas Weisel finds the company's long term prospects compelling and sees signs of stabilization in the retail sector. Analysts and investors will listen for management's comments on whether they are optimistic about the retail category and additional stabilization.