Dick’s Sporting Goods, the largest U.S.-based full-line omnichannel sporting goods retailer, posted net sales of $3.1 billion in the second quarter, an increase of 38 percent compared to the second quarter of 2019. The retailer delivered earnings per diluted share of $3.25 and non-GAAP earnings per diluted share of $3.68 in the second quarter.
“Our performance in the second quarter demonstrates the strength of our core strategies and the fundamental improvements we have made to our business over the last five years. In fact, we delivered approximately the same EBT in the second quarter as we did in all of fiscal 2019. The state of our industry is strong, and we remain in a great lane.DICK’S is the undisputed market leader, and as a result of our transformation, we are well positioned to extend our leadership and achieve long-term sales and profit growth. term,” he said. Ed Stack, CEO.
“We are very pleased with the second quarter results, and with our sales up 38% from the second quarter of 2019, the Dick’S Sporting Goods consumer has held up quite well. Our inventory is healthy and well positioned, and we are excited about our assortment for the back-to-school season. We are raising our outlook for the full year of 2022, which continues to incorporate an appropriate level of caution given today’s uncertain macroeconomic environment,” he said. Lauren Hobart, President and CEO.
Dick’s Sporting Goods, the largest U.S.-based full-line omnichannel sporting goods retailer, posted net sales of $3.1 billion in the second quarter, an increase of 38 percent compared to the second quarter of 2019. The retailer delivered earnings per diluted share of $3.25 and non-GAAP earnings per diluted share of $3.68 in the second quarter.
Fibre2Fashion News Desk (RR)
Source: www.fibre2fashion.com