Sponsors
Billabong ▲ +0.015 | PPR ▼ 0.00 | American Apparel ▼ -0.020 | The Buckle ▲ +0.55 | Columbia ▲ +0.09 | Deckers Outdoor ▲ +1.29 | Dicks ▲ +0.96 | Foot Locker ▲ +0.90 | Genesco ▲ +0.90 | Iconix Brand Group ▲ +0.85 | Jarden Corp ▲ +0.70 | Nordstrom ▲ +1.08 | Luxottica ▲ +0.07 | Nike ▲ +1.72 | Pacific Sunwear ▼ -0.06 | Skullcandy ▲ +0.08 | Sport Chalet - 0 | Urban Outfitters ▲ +0.57 | VF Corp ▲ +0.20 | Quiksilver ▼ -0.01 | Zumiez ▲ +0.15 | Macys ▲ +0.86 | Tillys ▼ -0.01 |
Readers Say
The most up-to-date information
The most up-to-date information

“Shop-Eat-Surf is a great source for the most up to date information of what is going on in our industry. I always enjoy reading the articles and appreciate the effort from Tiffany and her team."

- By Richard Woolcott, CEO and Founder, Volcom
Keeps me in the loop
Keeps me in the loop

Being an Executive Edition member allows me to not miss a beat when it comes to the Industry business news. Definitely keeps me in the loop plus goes great with my morning joe.

- By Tony Perez, Surfer and Surfing magazines
Industry Insight

4 reasons for B2B companies to embrace ecomm from NuORDER. Invitation to PROCOPIO's Labor and Employment Law seminar.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

Dick's better than expected in Q3, cautious about Q4

By Tiffany Montgomery
November 19, 2009 6:07 AM

Industry customer Dick’s Sports Goods third quarter results turned out better than expected thanks to colder weather but the company is still cautious about the fourth quarter.

Dick’s bought Southern California based Chick’s Sporting Goods in 2007 and has reduced the number of action sports brands it carries.

Net sales: up 7.1% to $989.8 million

Consolidated same-store sales: up 1.9%, better than the 4% to 6% decline expected.

Net income: $18.9 million vs. $6.2 million the same period last year.

Inventories: down 8.6% vs. the third quarter last year.

Q4: Dick's remained cautious about the fourth quarter and expects same-store sales to decline 4% to 6%.

The company opened 11 new stores in the quarter and now operates 420 Dick’s stores in 40 states and 91 Golf Galaxy stores in 31 states.

 

 

 

 

 


Articles You Might Have Missed