India, May 15 -- DICK'S Sporting Goods, Inc. (DKS), an omni-channel sporting goods retailer, on Thursday announced preliminary first- quarter results, reporting earnings per share of $3.24 and adjusted earnings per share of $3.37, with comparable sales growth of 4.5%.
The Wall Street analysts on average expect the company to report earnings of $3.21 per share. Analysts' estimates typically exclude special items.
As previously announced, the company will report its first quarter results on May 28.
Separately, the company announced that it has entered into a definitive merger agreement to acquire Foot Locker, Inc. (FL), a footwear and apparel retailer. The deal implies an equity value of around $2.4 billion and an enterprise value of appro...