Dick's Sporting Goods (DKS) reported Q2 FY2024 earnings of $4.37 per share (versus $2.82 per share in Q2 FY2023), beating analysts’ consensus estimate of $3.86 per share.
The company’s quarterly revenues amounted to $3.470 bln (+7.6% y/y), beating analysts’ consensus estimate of $3.439 bln.
The company also issued raised FY2024 EPS guidance of $13.55-$13.90 versus its prior guidance of $13.35-$13.75 and analysts’ consensus estimate of $13.79 but worse-than-expected FY 2024 revenue guidance of $13.1-$13.2 bln versus analysts’ consensus estimate of $13.24 bln.
DKS fell to $230.00 (-0.91%) in pre-market trading.