Dick's Sporting Goods on Tuesday topped Wall Street's fourth-quarter estimates, as shoppers continued to buy equipment and apparel for outdoor activities and home workouts during the Covid pandemic .
Here's how the company did during the fiscal fourth quarter ended Jan. 30,compared with what analysts were expecting, based on Refinitiv data:
Dick's sales have picked up during the pandemic, as shoppers bought golf clubs, workout tops and other items to stay in shape and pass the time.
CEO Lauren Hobart, who stepped into her role in February , said the retailer wants to capitalize on consumer demand across outdoor activities and growing interest in golf.
"We believe that these enhancements along with strong consumer trends and improving allocations of the most in-demand styles will drive continued positive results in our athletic apparel and footwear business," she said on the call.
Dick's Sporting Goods topped Wall Street's fourth-quarter estimates, as shoppers continued to buy equipment and apparel for outdoor activities and home workouts during the Covid pandemic.
- Dick's Sporting Goods warns sales may slowFox Business
- Buy the Dip in Dick's Sporting Goods? Have a Look at the ChartTheStreet
- Dick's Sporting Goods Posts Quarterly Earnings Beat but Outlook Suggests Slower Sales in 2021Footwear News
- After Record Quarter And Year, DICK'S Sporting Goods Sees Return To Normal In 2021pymnts.com
- Dick's Sporting Stock Is Sliding. Don't Blame Earnings.Barron's
- Dick's Sporting Goods opens pop-up discount store at Tanger Outlets Deer ParkNewsday
- Dick's Sporting Goods stock slumps despite earnings beatMarketWatch
- The Market Has Dick's Sporting Goods (NYSE:DKS) By The ShortsMarketBeat
- Dick's Sporting Goods Q4 revenues increase 19.8 percentFashionUnited UK
