Dick's Sporting Goods raises guidance after second-quarter earnings beat

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Dick’s Sporting Goods

raised its full-year sales and earnings guidance after delivering fiscal second-quarter results that beat expectations.

The company is now expecting comparable sales to grow between 2% and 3.5%, up from a previous range of 1% and 3% and ahead of analyst estimates of 2.9%, according to StreetAccount.

Dick’s said its earnings per share are now expected to be between $13.90 and $14.50, up from a previous range of $13.80 to $14.40. Analysts were expecting $14.39 per share, according to LSEG.