Dick's Sporting Goods
The 10-second takeaway
For the quarter ended Feb. 2 (Q4), Dick's Sporting Goods missed estimates on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue grew. GAAP earnings per share grew significantly.
Margins grew across the board.
Dick's Sporting Goods booked revenue of $1.81 billion. The 24 analysts polled by S&P Capital IQ expected to see a top line of $1.86 billion on the same basis. GAAP reported sales were 12% higher than the prior-year quarter's $1.61 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $1.03. The 27 earnings estimates compiled by S&P Capital IQ anticipated $1.06 per share. GAAP EPS of $1.03 for Q4 were 17% higher than the prior-year quarter's $0.88 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 32.6%, 80 basis points better than the prior-year quarter. Operating margin was 11.7%, 30 basis points better than the prior-year quarter. Net margin was 7.2%, 30 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $1.38 billion. On the bottom line, the average EPS estimate is $0.50.
Next year's average estimate for revenue is $6.38 billion. The average EPS estimate is $2.92.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 411 members out of 468 rating the stock outperform, and 57 members rating it underperform. Among 162 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 150 give Dick's Sporting Goods a green thumbs-up, and 12 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 $57.78.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.