Dick's Sporting Goods' Q3 net income declines to 36.9 mn dollars

Dick’s Sporting Goods reported consolidated net income for the third quarter ended October 28, 2017 of 36.9 million dollars or 0.35 dollar per diluted share compared to 48.9 million dollars or 0.44 dollars per diluted share. On a non-GAAP basis, consolidated net income was 31.9 million dollars or 0.30 dollar per diluted share compared to 53.6 million dollars or 0.48 dollar per diluted share last year.