Dick’s Sporting Goods: Q1 net income rises to 60.1 mn dollars

Dick’s Sporting Goods, Inc. has reported consolidated net income for the first quarter ended May 5, 2018 of 60.1 million dollars or 0.59 dollar per diluted share compared to 58.2 million dollars or 0.52 dollar per diluted share same quarter, last year. On a non-GAAP basis, the company’s consolidated net income for the first quarter ended April 29, 2017 was 60.3 million dollars or 0.54 dollar per diluted share. Net sales for the quarter increased 4.6 percent to approximately 1.91 billion dollars.