28-05-2025
- Business
- Wall Street Journal
Dick's Sporting Goods Maintains Outlook as Quarterly Sales Increase
Dick's Sporting Goods DKS 4.19%increase; green up pointing triangle maintained its outlook for the year after first-quarter sales and comp sales beat Wall Street's forecasts, joining a handful of retailers that keep their guidance intact despite lingering uncertainty in the economy.
The sporting-good retailer recorded net income of $264.3 million, or $3.24 a share, for the first quarter ended May 3, compared to $275.3 million, or $3.30 a share, in the prior-year period.