CORAOPOLIS, Pa. — Dick’s Sporting Goods Inc. today reported fiscal first-quarter earnings of $260.6 million.
The company said it had profit of $2.47 per share.
The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.43 per share.
The sporting goods retailer posted revenue of $2.7 billion in the period, which also topped Street forecasts. Seven analysts surveyed by Zacks expected $2.62 billion.
Dick’s expects full-year earnings in the range of $9.15 to $11.70 per share.