Dick's Sporting Goods Inc. said its normalized net income for the fiscal third quarter ended Oct. 31 was 44 cents per share, compared with the S&P Capital IQ consensus estimate of 46 cents per share.
EPS climbed 7.1% year over year from 41 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $51.7 million, a gain from $49.7 million in the third quarter ended Nov. 1, 2014.
The normalized profit margin declined to 3.1% from 3.3% in the year-earlier period.
Total revenue climbed 7.6% on an annual basis to $1.64 billion from $1.53 billion, and total operating expenses grew 7.7% on an annual basis to $1.56 billion from $1.45 billion.
Reported net income came to $47.8 million, or 41 cents per share, compared to $49.2 million, or 41 cents per share, in the third quarter ended Nov. 1, 2014.