DICK’S Sporting Items, Inc. (NYSE: DKS) on Wednesday introduced monetary outcomes for the second quarter of 2024, reporting a double-digit progress in web revenue.
Web gross sales of the sportswear firm elevated 8% year-over-year to $3.5 billion within the July quarter. Comparable retailer gross sales rose 4.5%, slower than the 5.3% progress seen within the prior quarter.
Web revenue, on a reported foundation, elevated to $362 million or $4.37 per share within the second quarter from $244 million or $2.82 per share final 12 months. Adjusted earnings had been $3.30 per share.
“We delivered a really sturdy second quarter. Powered by our compelling omnichannel athlete expertise, differentiated product assortment, best-in-class teammate expertise, and our capacity to create deep engagement with the DICK’S model, we’re driving sustained top-line momentum and gaining market share,” mentioned Lauren Hobart, CEO of DICK’s Sporting.
