Dick's Sporting Goods Beats Forecasts

Shares of the Dick's Sporting Goods (DKS) - Get Report  were up more than 7%, closing at $58.76 Tuesday, following its surprise earnings beat.

Dick's reported earnings of 82 per share that topped analyst expectations by 13 cents. Revenue of $1.97 billion for the quarter also topped Wall Street forecasts of $1.88 billion. The results come after 450 Sports Authority stores closed in the spring after the company failed to pay its creditors. Dick's stock has gained 67% year to date.