Dick’s Sporting Goods’ Sales Surge to Record Levels
November 22, 2022
Dick’s Sporting Goods surged to a record third quarter with $2.96 billion in net sales, outpacing analysts’ estimates of $2.7 billion.
Despite only a 7.7% year-over-year increase in sales, the largest U.S.-based sporting goods retailer posted a profit of $228 million — down from $317 million in Q3 FY 2021 but still better than expected. FOS