Sales and profit jump at Dick's Sporting Goods

Dick’s Sporting Goods, Inc. reported consolidated net income for the third quarter of 177.2 million dollars or 1.84 dollars per diluted share compared to 57.6 million dollars or 66 cents per diluted share in the same quarter of 2019. On a non-GAAP basis, the company reported consolidated net income of 182.2 million dollars or 2.01 dollars per diluted share compared to 44.8 million dollars or 52 cents per diluted share in the third quarter of 2019. Net sales for the quarter were 2.41 billion dollars, an increase of 22.9 percent driven by a 23.2 percent increase in consolidated same store sales and included an increase in ecommerce sales of 95 percent.