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Solid quarter from Dick's Sporting Goods, guidance light

  • Dick's Sporting Goods (DKS) matches the estimate of analysts with its Q4 report, but takes its guidance to below what analysts forecast.
  • The company saw same store sales for Dick's rise increase 7.9% during the quarter, while comps at weather-stricken Golf Galaxy fell 11.7%.
  • E-commerce penetration was 12.2% of total sales in Q4.
  • Looking ahead, Dick's sees same-store sales growth of 3% to 4% in 2014. The outlook from the company also includes Q1 EPS of $0.51-$0.53 vs. $0.54 consensus and FY14 EPS of $3.03-$3.08 vs. $3.11 consensus.
  • DKS -2.5% premarket
Comments (2)
  • StopPrintinMoney
    , contributor
    Comments (103) | Send Message
     
    this recovery is truly amazing - major retailers either outright close stores (JCP, Staples, etc) or lower guidance (MCD, Walmart, Dicks etc) or both.
    11 Mar, 11:47 AM Reply Like
  • caupachow
    , contributor
    Comments (344) | Send Message
     
    maybe they shouldn't have cancelled all of the gun orders...
    11 Mar, 12:26 PM Reply Like
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