DICK’S Sporting Goods, Inc. (USA) has announced its results for the first quarter ending May 2, 2020.
The company ended the first quarter of 2020 in a strong liquidity position with cash and cash equivalents of approximately $1.5 billion
- Consolidated net loss for the first quarter ended May 2, 2020 of $143.4 million.
- Consolidated same store sales for the first quarter of 2020 decreased 29.5%, driven by temporary store closures.
- Net sales for the first quarter of 2020 decreased 30.6% to approximately $1.33 billion.
