Insight Report 4 minutes PremiumDick’s (DKS) 2Q 2016 RESULTS: STRONG PERFORMANCE; LOWER-THAN-EXPECTED LIQUIDATION IMPACT Coresight Research August 16, 2016 Executive Summary Dick’s Sporting Goods reported 2Q 2016 EPS of $0.82 compared to $0.77 a year ago, and exceeded its guidance of $0.62–$0.72 and consensus of $0.69, driven by strong e-commerce growth and lower impact of its rivals’ liquidation activities. The expectations of management were low due to the liquidation activities of Dick’s rivals, Sports Authority and Sport Chalet, in many of Dick’s key markets. Dick’s has potential to gain significant share in these markets in the long term. Dicks Sporting Goods raised its FY 2016 EPS guidance to $2.90–$3.50 from previous guidance of $2.60–$2.90. Comps sales are expected to grow at 2%–3%, versus the previous expectation of -1%–1%. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Diving into the Diverse Underserved US Beauty Market: Insights Presented at the Inside Beauty ForumThree Data Points We’re Watching This Week: US Retail FocusEbook: Discount DecadesChinese New Year 2023 Preview: Travel Boost Expected as Government Lifts Zero-Covid Policy