DICK'S Sporting Goods Reports Third Quarter Results; Delivers Record-Setting 23.2% Increase in Same Store Sales
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Dick's Sporting Goods (DKS) PT Raised to $74 at Susquehanna
November 24, 2020 5:33 PM ESTSusquehanna analyst Sam Poser raised the price target on Dick's Sporting Goods (NYSE: DKS) to $74.00 (from $72.00) while maintaining a Positive rating following earnings.
The analyst commented, "Buy DKS. Best-in-class omni-channel capabilities enhanced by improving CRM capabilities drove a humongous 3Q20 beat,... More
Dick's Sporting Goods (DKS) Tops Q3 EPS by $1.08
November 24, 2020 7:31 AM ESTDick's Sporting Goods (NYSE: DKS) reported Q3 EPS of $2.01, $1.08 better than the analyst estimate of $0.93. Revenue for the quarter rose 22.9% to $2.41 billion versus the consensus estimate of $2.2 billion. The company reported a 23.2% increase in consolidated same store sales and an increase in eCommerce sales of 95%.
Full Year 2020 Outlook
As previously announced on March 19, 2020, the Company withdrew its fiscal 2020 outlook. The Company is not providing an updated outlook at this time.
"We had... More
