Dick's Sporting Goods (NYSE: DKS) reported earnings on Aug. 14. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended July 28 (Q2), Dick's Sporting Goods met expectations on revenues and beat slightly on earnings per share.

Compared to the prior-year quarter, revenue expanded and GAAP earnings per share shrank significantly.

Gross margins increased, operating margins improved, net margins dropped.

Revenue details
 Dick's Sporting Goods tallied revenue of $1.44 billion. The 22 analysts polled by S&P Capital IQ anticipated net sales of $1.43 billion on the same basis. GAAP reported sales were 10.0% higher than the prior-year quarter's $1.31 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $0.65. The 25 earnings estimates compiled by S&P Capital IQ predicted $0.64 per share. GAAP EPS of $0.43 for Q2 were 27% lower than the prior-year quarter's $0.59 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 31.2%, 50 basis points better than the prior-year quarter. Operating margin was 9.4%, 90 basis points better than the prior-year quarter. Net margin was 3.7%, 200 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $1.29 billion. On the bottom line, the average EPS estimate is $0.37.

Next year's average estimate for revenue is $5.89 billion. The average EPS estimate is $2.53.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 398 members out of 459 rating the stock outperform, and 61 members rating it underperform. Among 153 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 138 give Dick's Sporting Goods a green thumbs-up, and 15 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Dick's Sporting Goods is outperform, with an average price target of $56.63.

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