Dick’s Sporting Goods reports strong Q3 earnings_老虎社区_美港股上老虎

Dick’s Sporting Goods reports strong Q3 earnings

fashionunited2021-11-23

Net sales for the third quarter at Dick’s Sporting Goods were 2.75 billion dollars, an increase of 13.9 percent compared to the third quarter of 2020 and a 40 percent increase compared to the third ...

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Consolidated same store sales for the quarter increased 12.2 percent.\n“We are extremely pleased to announce a record third quarter in which we delivered significant sales and earnings growth over both last year and 2019. Consumer demand remained strong, and our differentiated product assortment continued to drive exceptional sales and merchandise margin momentum,” said Lauren Hobart, the company’s president and chief executive officer.\nDick’s Sporting Goods reports rise in Q3 earnings\nThe company’s ecommerce sales increased 97 percent compared to the third quarter of 2019 and 1 percent compared to the third quarter of 2020.\nDriven by strong sales and gross margin rate expansion, the company reported consolidated net income of 316.5 million dollars or 2.78 dollars per diluted share compared to 177.2 million dollars or 1.84 dollars per diluted share last year. 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