Although the calendar shift and ongoing weakness in hunting and electronics challenged the top line, Dick’s reported net income of $37,827,000, up 2% compared to $36,913,000, for the third quarter ended Nov. 3 as sales declined 5% to $1,857,273,000 against $1,944,187,000 on a 6.1% comp decline. Adjusted for $41 million for the calendar shift, sales would have been down 4% on a 3.9% comp decline. E-commerce sales adjusted for the calendar shift improved 16% and now have 12% of penetration compared to 10% prior. Besides the calendar shift, ongoing weakness in hunting and fitness trackers accounted for some 250 b.p. ... Log in to view full article.