DICK'S Sporting Goods, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 29, 2022
November 22, 2022 at 07:30 am EST
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DICK'S Sporting Goods, Inc. reported earnings results for the third quarter and nine months ended October 29, 2022. For the third quarter, the company reported sales was USD 2,958.86 million compared to USD 2,747.65 million a year ago. Net income was USD 228.46 million compared to USD 316.51 million a year ago. Basic earnings per share from continuing operations was USD 2.94 compared to USD 3.79 a year ago. Diluted earnings per share from continuing operations was USD 2.45 compared to USD 2.78 a year ago.
For the nine months, sales was USD 8,771.49 million compared to USD 8,941.21 million a year ago. Net income was USD 807.52 million compared to USD 1,173.78 million a year ago. Basic earnings per share from continuing operations was USD 10.55 compared to USD 13.93 a year ago. Diluted earnings per share from continuing operations was USD 8.17 compared to USD 10.7 a year ago.
DICK'S Sporting Goods, Inc. is a full-line omni-channel sporting goods retailer. The Company serves athletes and outdoor enthusiasts in more than 850 DICKâS Sporting Goods, Golf Galaxy, Public Lands, Moosejaw, Going Going Gone! and Warehouse Sale stores, online, and through the DICKâS mobile app. The Company also owns and operates DICK'S House of Sport and Golf Galaxy Performance Center, as well as GameChanger, a youth sports mobile app for scheduling, communications, live scorekeeping and video streaming. It carries a wide variety of national brands, including but not limited to adidas, Asics, Brooks, Callaway Golf, Carhartt, Columbia, Easton, Hoka, Jordan, New Balance and Nike. The Company's vertical brands include brands that it owns across hardlines and softlines and are available exclusively in its stores and online such as Alpine Design, CALIA, DSG, ETHOS, Fitness Gear, MAXFLI, Nishiki, Quest, Top-Flite, and Walter Hagen, as well as brands that it licenses from third parties.
DICK'S SPORTING GOODS, INC. 
