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Article Date: March 2024
Word Count: 597

Dick’s Plans Aggressive Store Growth after Record 2023


Fourth quarter results benefitted from an extra week, but sales and profits both handily exceeded expectations, including an 8% jump in revenues to $3,876,171,000 from $3,596,713,000 and net income that was 26% higher at $296,433,000 from $235,621,000. Comp store sales improved 2.8%, and the top line was an all-time sales record for DKS, even excluding the extra week, which added about $170.2 million in sales and $15.8 million in net income. All core categories contributed to the gains, with only outerwear suffering somewhat from the late onset of winter weather. DKS ... Log in to view full article.

 


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