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Dick's Sporting Goods — Nov 25, 2024 release

Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001089063-24-000118
Open on SEC.gov ↗
Showing in the filing
Diluted shares outstanding (basis for EPS)
“approximately 83 million”
Period
FY2024
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 10
Quarterly dividend for FY2024
“$1.10 per share”
Earnings per diluted share for FY2024
“$13.65 to 13.95”
Diluted shares outstanding (basis for EPS) for FY2024
“approximately 83 million”
Earnings per diluted share diluted shares ou… for FY2024
“approximately 83 million”
Earnings per diluted share effective tax rat… for FY2024
“approximately 23%”
Effective tax rate (basis for EPS) for FY2024
“approximately 23%”
Net sales for FY2024
“$13.2 billion to 13.3 billion”
Comparable sales growth for FY2024
“3.6% to 4.2%”
Capital expenditures (gross basis) for FY2024
“Approximately $900 million on a gross basis”
Capital expenditures (net basis) for FY2024
“Approximately $800 million on a net basis”
Exhibit 99.1 · the passage around this item
… earlier in the release
The dividend is payable in cash on December 27, 2024 to stockholders of record at the close of business on December 13, 2024. Full Year 2024 Outlook The Company's Full Year Outlook for 2024 is presented below: Metric 2024 Outlook Earnings per diluted share ● $13.65 to 13.95 • Based on approximately 83 million diluted shares outstanding • Based on an effective tax rate of approximately 23% Net sales ● $13.2 billion to 13.3 billion Comparable sales ● Growth of 3.6% to 4.2% Capital expenditures ● Approximately $900 million on a gross basis ● Approximately $800 million on a net basis Store Count and Square Footage The following tables summarize store activity for the periods indicated:   39 Weeks Ended November 2, 2024 39 Weeks Ended October 28, 2023 DICK'S Sporting Goods Specialty Concept Stores (1) Total (2) DICK'S Sporting Goods Specialty Concept Stores (1) Total (2) Beginning stores 724 131  855  728  125  853  Q1 New stores 1 3  4  —  —  —  Q2 New stores 2 5  7  —  1  1  Q3 New stores 2 1  3  1  9  10  Stores acquired — —  —  —  12  12  Closed stores 2 3  5  4  3  7  Ending stores 727 (3) 137  864  725  144  869  Relocated stores 8 3  11  16  2  18   Square Footage:  (in millions) DICK'S Sporting Goods Specialty Concept Stores (1) Total (2)(4) Q1 2023 39.2 3.4 42.6 Q2 2023 39.0 3.4 42.4 Q3 2023 39.2 3.6 42.7 Q4 2023 39.3 3.4 42.7 Q1 2024 39.4 3.5 42.9 Q2 2024 39.6 3.7 43.2 Q3 2024 39.9 3.7 43.5 (1) Includes our Golf Galaxy, Public Lands, Going Going Gone! and other specialty concept s
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.