10-Q quarterly report · filed Nov 29, 2018

Dick's Sporting Goods Inc (DKS) Q4 2018 10-Q Quarterly Report

Short answer

Dick's Sporting Goods Inc (DKS) filed its Q4 2018 10-Q quarterly report on Nov 29, 2018 for the quarter ended Nov 3, 2018.

Dick's Sporting Goods Inc Q4 2018 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $1,857.3M, down 4.5% YoY from $1,944.2M
  • Operating margin 2.85% vs 2.57% YoY, net margin 2.04% vs 1.90%
  • Best category eCommerce, sales up approximately 16%; worst hunt and electronics, both under significant pressure
  • Operating cash flow $160.5M year-to-date vs $125.5M, share repurchases $107.9M during quarter
  • Outlook: hunt and electronics pressure, higher freight costs, electronics business exit and fiscal 2018 capital expenditures approximately $195M

Risk Factors

  • New trade risk: 2018 U.S. tariffs on Chinese goods could force supplier changes or price increases
  • Most material update: firearm-policy changes and gun-reform support triggered an accelerated decline in hunt business
  • Reputational risk: firearm policies and public stances could reduce customer and employee retention
  • Operational risk: Foreign manufacturing disruptions could reduce inventory or increase product costs
  • Financial risk: Currency fluctuations against the U.S. dollar could increase imported product costs

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

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