DICK'S Sporting Goods, Inc. ($DKS) Earnings (Q4 FY21)

 DICK'S Sporting Goods ($DKS) Earnings and Opinion:


DICK'S Sporting goods is a company in the Consumer Cyclical sector and operates in the Specialty Realty industry. They are located primarily in the eastern part of the United States. DICK'S operates as a sporting goods retailer. The company was founded in 1948 and is currently headquartered in Caraopolis, Pennsylvania. They were first publicly traded on the stock market in 2002.

DICK'S Sporting Goods EPS and Revenue (Q4 FY21):

  • EPS of $3.64 beating expectations of $3.54 
  • Revenue of $3.35B beating expectations of $3.3B
  • EPS was up 50% (YOY) and Revenue was up 7.3% (YOY)
DICK'S Sporting Goods EPS and Revenue (FY21):
  • EPS of $15.70 beating expectations of $15.60
  • Revenue of $12.29B beating expectations of $12.25B
  • EPS was up 157% (YOY) and Revenue was up 28.3% (YOY)
DICK'S Sporting Goods FY22 Outlook:
  • EPS in range of $11.70-$13.10
  • Consolidated same store sales in range of (4)%-0%
  • Capital expenditures to increase by roughly $100M 
Opinion: 
DICK'S Sporting Goods is currently trading higher after they reported earnings before the market opened this morning. The company reported record revenues and saw major growth over the past fiscal year. One of the most impressive things, is that they grew revenues while only opening up 12 new stores. I really don't see anything negative on this earnings report. The margins grew by a crazy amount and they were able to increase cash. Now as an investor, is this company going to continue record revenues and numbers, or was this just an outlier year in which they killed sales. The guidance for the next year shows that it may come back down to earth a little bit, but that could also be tied to them increasing their capital spending. This company is very intriguing, hence why it is trading up today, but it has proved itself, in my opinion, as a solid company. Personally, I do not hold a position in this company, nor have I really looked and researched them. However, I do like the report for the past fiscal year, it's kind of hard no to keep this company on your radar when they just released an impressive earnings report. I look for DICK'S to continue to grow and keep up the record sales. I will be keeping a close eye on this company because I currently see a lot of value in this company, as well as potential for some upside.


*Information from DICK'S and Yahoo Finance
*Estimates from Zacks

Comments

Popular posts from this blog

Weekly Earnings Review: September 25, 2023- September 29, 2023

Weekly Earnings Review: October 16, 2023- October 20, 2023

Weekly Earnings Review: November 27, 2023- December 1, 2023