Dick's Q2 profit leaps 32%
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Dick's Sporting Goods reported Thursday that second-quarter net income jumped 32% to $51.5 million, compared with $38.9 million a year earlier.Revenue grew 9% to $1.23 billion, beating Wall Street expectations of $1.22 billion in revenue.Same-store sales climbed 5.6% at Dick's Sporting Goods locations and rose 2.9% at its Golf Galaxy stores. In contrast, that measure fell 3.2% in last year's second quarter at Dick's locations and plummeted 11.1% at Golf Galaxy stores.As of July 31, the company operated 425 Dick's Sporting Goods stores in 42 states and 91 Golf Galaxy stores in 31 states, but said it plans to
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