Short answer
Dick's Sporting Goods Inc (DKS) filed its Q2 2018 10-Q quarterly report on May 31, 2018 for the quarter ended May 5, 2018.
Dick's Sporting Goods Inc Q2 2018 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $1,909.7M, up 4.6% YoY from $1,825.3M, including $32.3M fiscal-calendar benefit
- Operating margin 4.57% vs 4.93% YoY, net margin 3.15% vs 3.19%
- Best categories: fitness equipment, team sports, licensed and private brands; worst: hunt and electronics, both under pressure
- Operating cash flow $(19.1)M vs $36.5M YoY; cash $104.6M, credit-facility borrowings $280.1M
- Share repurchases $107.9M and dividends $23.7M; fiscal 2018 capital-expenditure guidance approximately $280M gross, $250M net
- Near-term headwinds: hunt and electronics pressure, electronics exit, 19 planned new Dick’s stores in fiscal 2018
Risk Factors
- No material changes from the February 3, 2018 10-K risk factors
- Firearms-policy backlash: customer and vendor reactions contributed to accelerated hunt-category declines
- eCommerce execution risk: penetration reached approximately 11%, increasing exposure to platform disruptions and fulfillment costs
- Retail demand risk: consolidated same-store sales decreased 0.9%, with transactions down approximately 3.7%
- Liquidity risk: operating cash flow was negative $19.1 million while Credit Facility borrowings reached $280.1 million
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Dick's Sporting Goods Inc quarterly reports
- Q4 2019 10-QFiled Nov 26, 2019
- Q3 2019 10-QFiled Aug 29, 2019
- Q2 2019 10-QFiled May 30, 2019
- Q4 2018 10-QFiled Nov 29, 2018
- Q3 2018 10-QFiled Aug 30, 2018
- Q4 2017 10-QFiled Nov 22, 2017
- Q3 2017 10-QFiled Aug 24, 2017
- Q2 2017 10-QFiled May 25, 2017
- Q4 2016 10-QFiled Nov 21, 2016
- Q3 2016 10-QFiled Aug 25, 2016
- Q2 2016 10-QFiled May 25, 2016
- Q4 2015 10-QFiled Nov 25, 2015
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