10:09 AM EDT, 03/11/2025 (MT Newswires) -- (Updates with stock buyback, share repurchases, recent stock movement starting in the seventh paragraph.)
Dick's Sporting Goods (DKS) reported fiscal Q4 non-GAAP earnings Tuesday of $3.62 per diluted share, down from $3.85 a year earlier.
Analysts polled by FactSet expected $3.52.
Net sales for the fiscal quarter ended Feb. 1 were $3.89 billion, up from $3.88 billion a year earlier.
Analysts surveyed by FactSet expected $3.78 billion.
For fiscal 2025, the sporting goods retailer expects diluted EPS of $13.80 to $14.40 on net sales of $13.6 billion to $13.9 billion
Analysts polled by FactSet expect EPS of $14.82 on sales of $13.89 billion.
The retailer also said it was increasing its quarterly dividend to $1.2125 per share from $1.10, payable April 11 to shareholders of record on March 28.
It also authorized a new, $3 billion stock buyback program over the next five years and beginning once the company's existing $2 billion authorization for share purchases announced in December 2021 is fully exhausted.
DKS shares were down 2.3% in recent trading.
Price: 206.21, Change: -4.82, Percent Change: -2.28