CORAOPOLIS, Pa. — Dick’s Sporting Goods Inc. today reported fiscal fourth-quarter profit of $219.6 million.
On a per-share basis, the company said it had profit of $2.21. Earnings, adjusted for non-recurring costs, came to $2.43 per share.
The results topped Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $2.21 per share.
The sporting goods retailer posted revenue of $3.13 billion in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $3.02 billion.
For the year, the company reported profit of $530.3 million, or $5.72 per share. Revenue was reported as $9.58 billion.
Dick’s expects full-year earnings in the range of $4.40 to $5.20 per share, with revenue in the range of $9.54 billion to $9.94 billion.
Dick’s shares have risen 36% since the beginning of the year. The stock has more than doubled in the past 12 months.