US’ Dick’s Sporting Goods’ net sales rise 6.2% to $3.02 bn in Q1 FY24

Dick’s Sporting Goods reported net sales of $3.02 billion in Q1 FY24, a 6.2 per cent increase from the previous year, driven by a 5.3 per cent rise in comparable sales.
The company delivered an EBT margin of 11.3 per cent and earnings per diluted share of $3.30, reflecting 4 per cent EBT growth.
Net income for the quarter reached $275 million.Dick’s Sporting Goods reported net sales of $3.02 billion in Q1 FY24, a 6.2 per cent increase from the previous year, driven by a 5.3 per cent rise in comparable sales.
The company delivered an EBT margin of 11.3 per cent and earnings per diluted share of $3.30, reflecting 4 per cent EBT growth.
Net income for the quarter reached $275 million.