001-31463 | 16-1241537 | |
(Commission File Number) | (IRS Employer Identification No.) |
345 Court Street Coraopolis, Pennsylvania | 15108 | |
(Address of Principal Executive Offices) | (Zip Code) |
Exhibit No. | Description | |
99.1 | Press Release dated February 10, 2014 by Dick's Sporting Goods, Inc. furnished herewith |
DICK'S SPORTING GOODS, INC. | |||
Date: February 10, 2014 | By: | /s/ ANDRÉ J. HAWAUX | |
Name: | André J. Hawaux | ||
Title: | EVP – Finance, Administration and Chief Financial Officer |
Exhibit No. | Description | |
99.1 | Press Release dated February 10, 2014 by Dick's Sporting Goods, Inc. furnished herewith |
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• | Fourth quarter 2013 shifted consolidated same store sales increased approximately 7%, compared to guidance of a 3 to 4% increase |
• | Fourth quarter 2013 consolidated earnings per diluted share now expected to be approximately $1.10 to 1.11 compared to previous guidance of $1.04 to 1.07 |
• | Full year 2014 consolidated earnings per diluted share expected to be approximately $3.03 to 3.08 |
Fiscal 2012 | ||||||||||||
53 Weeks Ended February 2, 2013 | ||||||||||||
As Reported | Impairment of Investments | Non-GAAP Total | ||||||||||
Net sales | $ | 5,836,119 | $ | — | $ | 5,836,119 | ||||||
Cost of goods sold, including occupancy and distribution costs | 3,998,956 | — | 3,998,956 | |||||||||
GROSS PROFIT | 1,837,163 | — | 1,837,163 | |||||||||
Selling, general and administrative expenses | 1,297,413 | — | 1,297,413 | |||||||||
Pre-opening expenses | 16,076 | — | 16,076 | |||||||||
INCOME FROM OPERATIONS | 523,674 | — | 523,674 | |||||||||
Impairment of available-for-sale investments | 32,370 | (32,370 | ) | — | ||||||||
Interest expense | 6,034 | — | 6,034 | |||||||||
Other income | (4,555 | ) | — | (4,555 | ) | |||||||
INCOME BEFORE INCOME TAXES | 489,825 | 32,370 | 522,195 | |||||||||
Provision for income taxes | 199,116 | 4,734 | 203,850 | |||||||||
NET INCOME | $ | 290,709 | $ | 27,636 | $ | 318,345 | ||||||
EARNINGS PER COMMON SHARE: | ||||||||||||
Basic | $ | 2.39 | $ | 2.62 | ||||||||
Diluted | $ | 2.31 | $ | 2.53 | ||||||||
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING: | ||||||||||||
Basic | 121,629 | 121,629 | ||||||||||
Diluted | 125,995 | 125,995 |
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