10-Q quarterly report · filed Aug 29, 2019

Dick's Sporting Goods Inc (DKS) Q3 2019 10-Q Quarterly Report

Short answer

Dick's Sporting Goods Inc (DKS) filed its Q3 2019 10-Q quarterly report on Aug 29, 2019 for the quarter ended Aug 3, 2019.

Dick's Sporting Goods Inc Q3 2019 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $2,259.2M, up 3.8% YoY from $2,177.5M, same-store sales up 3.2%
  • Operating margin 6.86% vs 7.46% YoY, net margin 4.98% vs 5.48%
  • Best categories: hardlines, apparel and footwear; hunt worst, continued decline
  • Operating cash flow $27.2M used year-to-date vs $315.9M provided, inventory investments reduced cash flow
  • Outlook: 2019 capital expenditures approximately $230M gross, tariffs and hunt weakness remain headwinds

Risk Factors

  • New risk: escalating U.S.-China trade tensions and tariffs on billions of dollars of goods
  • Profitability risk: tariffs could force alternative suppliers, higher prices, or operational changes
  • Supply-chain risk: foreign import disruptions could reduce inventory levels
  • Cost risk: foreign manufacturers’ currency fluctuations and raw-material prices could increase product costs

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

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