Sponsors
Billabong ▲ +0.010 | PPR ▲ +0.10 | American Apparel ▲ +0.019 | The Buckle ▼ -0.60 | Columbia ▲ +0.21 | Deckers Outdoor ▼ -0.15 | Dicks ▼ -0.74 | Foot Locker ▼ -0.81 | Genesco ▲ +0.03 | Iconix Brand Group ▼ 0.00 | Jarden Corp ▼ -0.65 | Nordstrom ▼ -0.73 | Luxottica ▼ -0.48 | Nike ▲ +0.34 | Pacific Sunwear ▼ -0.16 | Skullcandy ▼ -0.01 | Sport Chalet - 0 | Urban Outfitters ▼ -0.20 | VF Corp ▼ -0.19 | Quiksilver ▼ -0.01 | Zumiez ▼ -0.22 | Macys ▼ -1.46 | Tillys ▲ +0.12 |
Ticker Sponsor
Professional Services
More Professional Services...
Readers Say
Executive Edition is a must have
Executive Edition is a must have

Before Shop-Eat-Surf, there were two sites I paid for premium content on. One is Surfline, the other is the Wall Street Journal. One is about all things surf, the other, the best business content site in the world. Shop-eat-surf is the intersection of those two worlds. Shop-Eat-Surf provides everything from coverage of events, people, brands and trends. However, beyond the Executive Edition "wall" is more meaty analysis and interpretation of financial statements, business models and brand philosophies; why certain brands and companies are succeeding, where others aren't. The Executive Edition is a must have read if the business of surf and action sports are on your radar screen.

- By Jeff Berg, Co-owner, Surfline
Great insight into the issues
Great insight into the issues

I am a big fan of Tiffany and her team as well as an avid reader of Shop-Eat-Surf. I shop, I eat, I surf -- I should pay.

- By Kevin Bailey, President, Vans
Industry Insight

TAYLOR DIGITAL: Google's algorithm change April 21 will favor mobile sites.
SURFRIDER: Update: Trestles saved, again.
ROTH CAPITAL PARTNERS: 6 consumer sector take-aways from investor conference.

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