Raises full-year guidance for revenue, EPS (Il Sole 24 Ore Radiocor) - New York, 04 Sep - US sporting goods retailer Dick's Sporting Goods reported second quarter net income of 362 million dollars, up from 244 million last year.

Earnings per diluted share in the period were 4.37 dollars compared to 2.82 in the previous year. The result was above analyst expectations of 3.83 dollars per share.

Net sales in the quarter rose to 3.474 billion dollars from 3.224 billion in the same period of 2023. Analysts had expected revenue of 3.44 billion dollars.

The company raised full year 2024 guidance for comparable sales growth to a range of 2.5-3.5% from a previous 2.0-3.0%.

It also raises full year earnings per diluted share guidance to a range of 13.55-13.90 dollars from 13.35-13.75 previously.

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(RADIOCOR) 04-09-24 19:25:07 (0581) 5 NNNN