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Dicks Sporting Goods Inc Q4 Profit Retreats

Dicks Sporting Goods Inc (DKS) released earnings for fourth quarter that retreated from last year.

The company said its bottom line declined to $127.34 million, or $1.22 per share. This was down from $147.79 million, or $1.32 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.20 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.3% to $2.66 billion. This was up from $2.48 billion last year.

Dicks Sporting Goods Inc earnings at a glance:

-Earnings (Q4): $127.34 Mln. vs. $147.79 Mln. last year.
-Earnings Decline (Y-o-Y): -13.8%
-EPS (Q4): $1.22 vs. $1.32 last year.
-EPS Decline (Y-o-Y): -7.6%
-Analysts Estimate: $1.20
-Revenue (Q4): $2.66 Bln vs. $2.48 Bln last year.
-Revenue Change (Y-o-Y): 7.3%

by RTT Staff Writer

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