News

Dick's remains “cautiously optimistic”

14/03/2008

Dick's Sporting Goods, Inc. has posted positive sales results for the fourth quarter and year ended February 2. The results include results of Golf Galaxy and Chick's Sporting Goods from their respective acquisition dates in 2007, but not for 2006.

Net income for the 13 weeks ended February 2 increased 8% to $73.2 million compared with prior-year net income of $67.7 million. Sales for the quarter rose 18% to $1.2 billion, largely as a result of newly opened stores, the inclusion of Golf Galaxy’s sales.

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