SGB Sports & Fitness

Dick’s Sporting Goods Raises Outlook On Strong Q3

Dick’s Sporting Goods raised its guidance after it reported third-quarter results that easily exceeded earnings and comp expectations. The performance was driven by a 5.2-percent comp sales increase and gross margin expansion.

Delta Apparel’s Q4 Impacted By Tax Charge

The lack of an extra week of sales, coupled with the unfavorable impact of tax expense in this year’s quarter compared to a tax benefit in the prior-year period, lowered diluted earnings by approximately 15 cents per share.