CORAOPOLIS, Pa. — Dick’s Sporting Goods Inc. today reported fiscal third-quarter net income of $316.5 million.
The company said it had net income of $2.78 per share. Earnings, adjusted for non-recurring costs, were $3.19 per share.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.98 per share.
The sporting goods retailer posted revenue of $2.75 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $2.5 billion.
Dick’s expects full-year earnings in the range of $14.60 to $14.80 per share, with revenue in the range of $12.12 billion to $12.19 billion.