During the second quarter, the Company opened three stores and relocated one store. The stores that opened in the second quarter include: Toledo, OH, Greenville, SC and Pittsburgh, PA. One of the three new stores was the two- level prototype (Toledo, OH). The relocated store was in Dayton, Ohio.
As of July 30, 2005, the Company operated 239 stores, with approximately 13.8 million square feet, in 34 states.
"They are pleased to report results at the high end of earnings guidance. They continued to execute in the second quarter, increasing operating income by 95 percent over last year's proforma results. Inventory was effectively managed with inventory per square foot decreasing by 3 percent over last year," said Edward W. Stack, Chairman & CEO.
Click here for further details:
Sports and fitness specialty retailer Dick's Sporting Goods Inc is an authentic full-line sporting goods retailer offering a broad assortment of brand name sporting goods equipment, apparel, and footwear in a specialty store environment. As of July 30, 2005 the Company operated 239 stores in 34 states primarily throughout the Eastern half of the US.
Dick's Sporting Goods Inc