Dicks Sporting Goods Inc (Nasdaq: DKS) Share Analyzed

Dicks Sporting Goods Inc (Nasdaq: DKS) started the day trading at USD 40.67 per share, then rallying to USD 41.81 and closing at USD 41.01 per share. A net gain of 0.83% for the day. Long term pricing analysis shows the stock trading at 16.44% lower than it’s 52 weeks high and –199.41% higher than the 52 week low. The share volume traded for the day was 1,867K which was 0 times the 50 Day Average Volume.

Dicks Sporting Goods Inc had a market cap of 3,668,233K as of 17th June 2020. The Earnings Per Share (EPS) for Q4 2019 is $1.02.

Dicks Sporting Goods Inc is an American sporting goods retail company, based in Coraopolis, Pennsylvania. The company was established by Richard “Dick” Stack in 1948, and has approximately 850 stores and 30,000 employees, as of 2018.

Financial Results

Dicks Sporting Goods Inc Reports First Quarter Of Fiscal 2020.

  • The Company reported a consolidated net loss for the first quarter ended May 2, 2020, of $143.4 million, or $1.71 per diluted share.
  • On a non-GAAP basis, the Company reported consolidated net income for the first quarter ended May 4, 2019, of $58.4 million, or $0.62 per diluted share.
  • Net sales for the first quarter of 2020 decreased by 30.6% to approximately $1.33 billion.
  • Consolidated same-store sales decreased by 29.5%, driven by temporary store closures that started on March 18, 2020, to help prevent the spread of COVID-19.

Dicks Sporting Goods Inc (17th June 2020): The Institutional Ownership as of today stood at 95.21% and the Total Value of Holdings (millions) is $ 2,517 Million USD.

New Institutional Holders and other activity – As of today, the total number of shares held is 62,037,946 by 379 institutional holders.

Latest News

9-June-2020:- HS Management Partners LLC Has $90.98 Million Position in Dicks Sporting Goods Inc (NYSE: DKS)

HS Management Partners LLC increased its stake in shares of Dicks Sporting Goods Inc (NYSE: DKS) by 41.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,279,419 shares of the sporting goods retailer’s stock after buying an additional 1,252,560 shares during the quarter.

6-June-2020:- Q2 2021 Earnings Estimate for Dicks Sporting Goods Inc (NYSE: DKS) Issued By Wedbush – Modern Readers

Dicks Sporting Goods Inc (NYSE: DKS) – Wedbush lifted their Q2 2021 earnings per share estimates for Dicks Sporting Goods in a report released on Tuesday, June 2nd. Wedbush analyst C. Svezia now expects that the sporting goods retailer will post earnings of $0.78 per share for the quarter, up from their previous estimate of $0.29.

2-June-2020:- DICK’S Sporting Goods Reports First Quarter Results

The Company reported a consolidated net loss for the first quarter ended May 2, 2020, of $143.4 million, or $1.71 per diluted share. As a result of actions taken to support its teammates as well as impacts from its temporary store closures, the Company incurred approximately $62 million of pre-tax expenses, or $0.50 per diluted share, during the current quarter, including $34 million of teammate compensation and safety costs and $28 million of inventory write-downs. The Company reported consolidated net income for the first quarter ended May 4, 2019 of $57.5 million, or $0.61 per diluted share.

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