Content about Dick's Sporting Goods Inc.

March 11, 2013

Dick's Sporting Goods Inc. forecast a full-year profit for the current fiscal year that was less than expected, and also revealed it will debut a new retail concept in fiscal 2013 under the Field & Stream banner.

Pittsburgh -- Dick's Sporting Goods Inc. on Monday forecast a full-year profit for the current fiscal year that was less than expected, and also revealed it will debut a new retail concept in fiscal 2013 under the Field & Stream banner.
 
In 2013, the company said it will open two Field & Stream stores, 40 Dick’s Sporting Goods stores, one Golf Galaxy store and two True Runner locations. The chain also plans partial remodels of 75 existing Dick’s stores.
   

November 8, 2012

Dick's Sporting Goods Inc. opened three stores, including one relocated store, on Nov. 7.

New York -- Dick's Sporting Goods Inc. opened three stores, including one relocated store, on Nov. 7. Of the two new stores, one was located at Stoneridge Village, Jefferson City, Mo.; and the other at Spokane Valley Mall, Spokane, Wash. The retailer relocated its N. Springboro Pike store to Dayton Mall, Dayton, Ohio.

In October, Dick’s celebrated the opening of 17 stores throughout the United States.

 

May 15, 2012

Dick's Sporting Goods Inc. reported that profit for the quarter ended April 28 surged 53% to $57.2 million, compared with $37.5 million for the year-ago period.

Pittsburgh -- Dick's Sporting Goods Inc. reported Tuesday that profit for the quarter ended April 28 surged 53% to $57.2 million, compared with $37.5 million for the year-ago period. The sporting goods retailer raised its earnings outlook for the year.

“For 2012, we are raising our full year guidance as we continue to invest in new stores and our e-commerce business, as well as our margin accelerators including inventory management, private brands, and product mix shift,” said Edward W. Stack, CEO.

March 6, 2012

Dick's Sporting Goods Inc. reported that profit for the fourth quarter rose 27% to $111.1 million, compared with $87.5 million in the year-ago period.

Pittsburgh -- Dick's Sporting Goods Inc. reported Tuesday that profit for the fourth quarter rose 27% to $111.1 million, compared with $87.5 million in the year-ago period. Revenue increased 6% to $1.61 billion from $1.52 billion, matching Wall Street expectations. Same-store sales inched up 0.1%.

By banner, Golf Galaxy posted a 9% increase in same-store sales for the quarter, but namesake stores slipped 2.5%.

November 15, 2011

Dick's Sporting Goods Inc. reported that net income for the quarter ended Oct. 29 surged to $41.5 million, from $16.9 million in the year-ago period.

Pittsburgh -- Dick's Sporting Goods Inc. reported Tuesday that net income for the quarter ended Oct. 29 surged to $41.5 million, from $16.9 million in the year-ago period.

Revenue rose 9% to $1.18 billion from $1.08 billion, beating Wall Street’s anticipated $1.16 billion in revenue.

Same-store sales rose 4.1%.