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%. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Innovator Profile: GoCharlie’s AI Assistant Provides Data Control and Drives Productivity for BrandsAI in Action: Redefining Drug DiscoveryRevisiting Dubai Retail: New Developments Paint a Promising Scene in Dubai and the Persian Gulf RegionDecember 2022 US Retail Traffic and In-Store Metrics: Traffic Growth Turns Positive