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BRIEF-Dick's Sporting Goods Reports Q3 Sales Up 14% To $2.75 Bln

reuters · Nov 23, 2021 10:02

Nov 23 (Reuters) - DICK'S Sporting Goods Inc DKS.N :

* DICK'S SPORTING GOODS REPORTS RECORD THIRD QUARTER SALES AND EARNINGS; DELIVERS 12.2% INCREASE IN SAME STORE SALES AND RAISES FULL YEAR GUIDANCE

* Q3 SAME STORE SALES ROSE 12.2 PERCENT

* SEES FY NON-GAAP EARNINGS PER SHARE $14.60 TO $14.80

* SEES FY EARNINGS PER SHARE $12.88 TO $13.06

* Q3 NON-GAAP EARNINGS PER SHARE $3.19

* Q3 SALES ROSE 13.9 PERCENT TO $2.75 BILLION

* TOTAL INVENTORY INCREASED 7.3% AT END OF Q3 OF 2021 COMPARED TO END OF Q3 OF 2020

* Q3 2021 EARNINGS PER DILUTED SHARE OF $2.78

* SEES FY NET SALES $12,120 MILLION TO $12,190 MILLION

* Q3 EARNINGS PER SHARE VIEW $1.97, REVENUE VIEW $2.50 BILLION -- REFINITIV IBES DATA

Source text for Eikon: ID:nPncjscFa Further company coverage: DKS.N

((Reuters.Briefs@thomsonreuters.com;))

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