Dick's Sporting Goods on Tuesday reported its strongest same-store sales gains since 2013, as its e-commerce sales grew 13% during the latest quarter, and it sold more apparel and footwear.
The retailer hikes its full-year profit outlook.
It says e-commerce sales were up 13% during the third quarter, thanks to more apparel and footwear sales.Craig Warga | Bloomberg | Getty Images on Tuesday reported its strongest same-store sales gains since 2013, as its e-commerce sales grew 13% during the latest quarter, and it sold more apparel and footwear.CEO Ed Stack said the company saw increases in both the shopper's average ticket and in the number of transactions during the third quarter. "As we head into the holiday season, we remain very enthusiastic about our business," he said in a statement.
Dick's Sporting Goods shares, as of Monday's market close, are up more than 26% this year. The company has a market cap of roughly $3.6 billion.
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