Net income for the first quarter slipped by 4% to $264,288,000 from $275,295,000, pulled down by a higher income tax rate this year, on 5% revenue growth to $3,174,677,000 up from $3,018,383,000, including a +4.5% comp. A 3.7% increase in average ticket and a 0.8% increase in transactions both contributed to the top-line gains. Diamond sports product launches got a call-out, while gains across footwear, apparel, and team sports powered sales growth in the quarter, along with vertical brands DSG, Calia, and VRST. After a cold and wet start, comps improved ... Log in to view full article.