Business
DICK'S Sporting Goods Reports Preliminary Results for First Quarter of 2025; Reports Comparable Sales Growth of 4.5%
DICK'S Sporting Goods, Inc. (NYSE: DKS), a leading U.S. based full-line omni-channel sporting goods retailer, today reported select preliminary financial results for its first quarter ended May 3, 2025.
About this update from Dick's Sporting Goods Inc
[{"type":"text","content":"PITTSBURGH, May 15, 2025 /PRNewswire/ -- DICK'S Sporting Goods, Inc. (NYSE: DKS), a leading U.S. based full-line omni-channel sporting goods retailer, today reported select preliminary financial results for its first quarter ended May 3, 2025.","length":252,"tagName":"p"},{"type":"image","alt":"DICK'S Sporting Goods Logo. (PRNewsfoto/DICK'S Sporting Goods, Inc.)","displaySize":"","headline":null,"caption":"DICK'S Sporting Goods Logo. (PRNewsfoto/DICK'S Sporting Goods, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":164,"url":"https://media.zenfs.com/en/prnewswire.com/c88b9dd57279f4257b995cded011e3ab"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Bxg83lVZwMBfge7Wq3BDnw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI4OTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/c88b9dd57279f4257b995cded011e3ab","width":400,"height":164}},"href":"https://mma.prnewswire.com/media/479785/DICKS_Sporting_Goods_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""We are very pleased with our strong start to the year and our demonstrated sustained growth. The strength of our business puts us in a great position for our proposed acquisition of Foot Locker — a transformative step to accelerate our global reach and drive significant value for our athletes, teammates, partners and shareholders," said Lauren Hobart, President and Chief Executive Officer.","length":403,"tagName":"p"},{"type":"text","content":"Preliminary First Quarter Results","length":33,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Comparable sales growth of 4.5%","length":31,"tagName":"p"}]},{"val":[{"type":"text","content":"Earnings per diluted share of $3.24 and non-GAAP earnings per diluted share of $3.37","length":84,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":115,"olType":false},{"type":"text","content":"For additional information, the GAAP to non-GAAP reconciliation is included in a table later in the release under the heading "GAAP to Non-GAAP Reconciliation."","length":170,"tagName":"p"},{"type":"text","content":"This unaudited financial information above is based on preliminary results and information as of the date hereof and is subject to revision in connection with the Company's financial closing procedures and finalizatio...