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Dick’s Sporting Goods Beats Second Quarter Numbers, Raises 2024 Outlook

publication date: Sep 4, 2024
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Image: Dick’s Sporting Goods has performed nicely since the beginning of 2022. 

Looking to all of 2024, Dick’s Sporting Goods’ earnings per share is targeted in the range of $13.55-$13.90, up from $13.35-$13.75 per share previously, while net sales are expected in the range of $13.1-$13.2 billion (unchanged from last quarter), on comparable sales growth of 2.5%-3.5%, up from 2%-3% previously. We like Dick’s Sporting Goods’ quarter, and we’re fans of its raised outlook. The firm remains a holding in the portfolio of the Dividend Growth Newsletter.


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