Getting out of the blocks quickly, DKS started the year with 6% higher revenues of $3,018,383,000 in Q1 compared to $2,842,181,000 last year, but a higher income tax bill pulled net income down 10% to $275,295,000 from $304,649,000 despite an 11% increase in EBIT. Comps improved 5.3%, with a 2.7% increase in transactions and a 2.6% increase in average ticket, while the calendar shift added about $45 million to the top line. Traffic has been strong, DKS said, helped by 1.5 million new customers added in the quarter, on top of ... Log in to view full article.