DICK’S Sporting Items, Inc. (NYSE: DKS) on Wednesday introduced monetary outcomes for the primary quarter of 2025, reporting a rise in gross sales and adjusted earnings.
Web gross sales elevated 5% year-over-year to $3.2 billion within the first three months of fiscal 2025, with comparable retailer gross sales rising 4.5%.
First-quarter earnings, excluding one-off gadgets, superior 2% from final 12 months to $3.37 per share. On a reported foundation, unadjusted internet revenue declined to $264 million or $3.24 per share from $275 million or $3.30 per share within the prior-year quarter.
“We are very pleased with our first quarter results. Our performance demonstrates the momentum and strength of our long-term strategies and the consistency of our execution. Our Q1 comps increased 4.5% driven by growth in both average ticket and in transactions and this was our fifth straight quarter with comps over 4.0%,” mentioned the corporate’s CEO Lauren Hobart.
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