Dick’s: Fiscal Q4 earnings snapshot

CORAOPOLIS, Pa. — Dick’s Sporting Goods Inc. today reported fiscal fourth-quarter profit of $346.1 million.

The company said it had profit of $3.16 per share. Earnings, adjusted for non-recurring costs, came to $3.64 per share.

The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $3.54 per share.

The sporting goods retailer posted revenue of $3.35 billion in the period, also beating Street forecasts. Eight analysts surveyed by Zacks expected $3.3 billion.

For the year, the company reported profit of $1.52 billion, or $13.87 per share. Revenue was reported as $12.29 billion.

Dick’s expects full-year earnings in the range of $11.70 to $13.10 per share.