Dick’s Sporting Goods Inc. has increased its sales outlook for the full year after a strong back-to-school season, driven by high demand for sports gear.
The company now expects net sales to reach up to $13.3 billion for the fiscal year. Comparable store sales are projected to grow between 3.6% and 4.2%, which is an important measure of retail performance. Earnings per diluted share are anticipated to be in the range of $13.65 to $13.95, reflecting the company's positive momentum heading into the holiday season.