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Investing.com -- Dick’s Sporting Goods reported better-than-expected first quarter results on Tuesday, with record sales and comparable store growth, while reaffirming its full-year 2025 outlook. The company’s stock edged down 0.6% following the announcement.
The sporting goods retailer posted adjusted earnings per share of $3.37 for the quarter ended May 3, 2025, surpassing analyst estimates of $3.20. Revenue climbed 5.2% YoY to $3.17 billion, exceeding the consensus forecast of $3.12 billion.
Comparable store sales increased 4.5% YoY, marking the fifth consecutive quarter of over 4% growth. The company attributed this to increases in both average ticket size and transaction volume.
"We are very pleased with our first quarter results. Our performance demonstrates the momentum and strength of our long-term strategies and the consistency of our execution," said Lauren Hobart, President and CEO of Dick’s Sporting Goods (NYSE:DKS).
For the full fiscal year 2025, Dick’s reaffirmed its outlook, projecting earnings per share between $13.80 and $14.40 on revenue of $13.6 billion to $13.9 billion. The company expects comparable store sales growth of 1% to 3%.