Dick's Sporting Goods Q2 sales and profit improve

Dick’s Sporting Goods reported consolidated net income for the second quarter ended August 1, 2020 of 276.8 million dollars or 3.12 dollars per diluted share compared to 112.5 million dollars or 1.26 dollars per diluted share in the same quarter last year. On a non-GAAP basis, the company reported consolidated net income of 281.7 million dollars or 3.21 dollars per diluted share. Net sales for the quarter increased 20.1 percent to 2.71 billion dollars, while consolidated same store sales increased 20.7 percent and ecommerce sales increased 194 percent.