10-Q quarterly report · filed Nov 26, 2014

Dick's Sporting Goods Inc (DKS) Q4 2014 10-Q Quarterly Report

Short answer

Dick's Sporting Goods Inc (DKS) filed its Q4 2014 10-Q quarterly report on Nov 26, 2014 for the quarter ended Nov 1, 2014.

Dick's Sporting Goods Inc Q4 2014 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $1.5B, up 9% YoY, driven by $110.7M noncomparable sales and $15.4M same-store sales growth
  • Gross margin 29.60% vs 30.34% YoY, down 74 basis points; operating margin 5.24% vs 5.64%
  • Best segment Dick’s Sporting Goods same-store sales up 1.7%; worst Golf Galaxy, down 8.9%
  • Operating cash flow $102.8M versus $57.7M used YoY; repurchases $75.0M and Field & Stream intellectual property purchase $26.3M
  • Hunting weakness expected relatively flat in fourth quarter; management cited markdowns, shipping costs, competition and consumer-demand risks

Risk Factors

  • No material changes disclosed from the August 2, 2014 10-Q risk-factor supplement
  • Carried-forward risks incorporated from the February 1, 2014 Form 10-K
  • Forward-looking statement risks incorporated from quarterly MD&A

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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