What Jim Cramer Liked About Dick's Quarter
Dick's Sporting Goods (DKS) - Get Report reported earnings before the bell Thursday.
The company has been in the headlines due to the fact that it still sells firearms--something that many have argued against after Nikolas Cruz, the shooter behind the 2018 Parkland, Florida high school shooting.
The company banned the sales of assualt-style weapons after the shooting.
Dick's is currently testing the removal of guns from around 125 locations, but it has not announced anything definitive when it comes to removing guns from all stores.
In its earnings report, Dick's Sporting Goods reported net income of $112.5 million, or $1.26 per share. Analysts polled by FactSet were expecting an EPS of $1.21.
"Dick's handled this very well and they had a monster quarter and many, many things did well particularly apparel," noted Cramer when asked about the quarter.
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