DICK’S SPORTING GOODS, INC. (NYSE:DKS) Files An 8-K Results of Operations and Financial Condition

0

DICK’S SPORTING GOODS, INC. (NYSE:DKS) Files An 8-K Results of Operations and Financial Condition

ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
Explanatory Note
Dick’s Sporting Goods, Inc. (the “Company”) is filing this
Current Report on Form 8-K/A to correct a computation error in
the Company’s press release furnished by the Company with its
Current Report on Form 8-K, filed with the Securities and
Exchange Commission on March 7, 2017 (the “Original Filing”).
ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION
This Form 8-K/A is being filed solely to correct a computation
error in the calculation of Adjusted EBITDA within the “GAAP to
non-GAAP Reconciliation – Adjusted EBITDA” tables in the
Original Filing. This computation error resulted in a $23.4
million overstatement of Adjusted EBITDA amounts for both the 13
weeks and 52 weeks ended January 28, 2017. The corrected tables
are furnished herewith.
There are no additional changes to the Original Filing.
The information in this Current Report on Form 8-K/A, including
Exhibit 99.1, shall not be deemed “filed” for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended,
nor shall it be deemed incorporated by reference in any filing
under the Securities Act of 1933, as amended, except as shall be
expressly set forth by specific reference in such filing.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits.
Exhibit No.
Description
99.1
Corrected “GAAP to non-GAAP Reconciliation – Adjusted
EBITDA” tables


About DICK’S SPORTING GOODS, INC. (NYSE:DKS)

Dick’s Sporting Goods, Inc. is an omni-channel sporting goods retailer offering an assortment of sports equipment, apparel, footwear and accessories in its specialty retail stores primarily in the eastern United States. The Company also owns and operates Golf Galaxy, Field & Stream and other specialty concept stores, and Dick’s Team Sports HQ, an all-in-one youth sports digital platform offering free league management services, mobile applications for scheduling, communications and live scorekeeping, custom uniforms and FanWear and access to donations and sponsorships. The Company offers its products through a content-rich e-commerce platform that is integrated with its store network and provides customers with the convenience and expertise of a 24-hour storefront. It offers products to its customers through its retail stores and online. The Company offers hardlines, which include items, such as sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear.

DICK’S SPORTING GOODS, INC. (NYSE:DKS) Recent Trading Information

DICK’S SPORTING GOODS, INC. (NYSE:DKS) closed its last trading session 00.00 at 50.19 with 2,229,741 shares trading hands.