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Golf Galaxy Adds To Dick's Sporting Goods Third Quarter

Golf Galaxy Adds To Dick’s Sporting Goods Third Quarter

Posted on November 21, 2007 by Chief Marketer Staff

Dick’s Sporting Goods Inc. reported net sales of $838.8 million during its third quarter, up from $708.3 million a year ago. The company’s net income jumped from $7.8 million to $12.3 million for the quarter ending Nov. 3 of this year.

The Pittburgh-based firm’s fortunes were boosted by its Feb. 13 acquisition of Golf Galaxy, which provided catalog and e-commerce operations, along with additional retail outlets, to Dick’s Sporting Goods. The company also opened 246 Dick’s Sporting Goods stores during the year. Comparable store sales rose 2%.

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