Dick’s Sporting Goods Inc (DKS)
Gross profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 4,533,740 | 4,284,560 | 4,711,890 | 3,050,710 | 2,554,560 |
| Revenue | US$ in thousands | 13,017,800 | 12,284,800 | 12,247,100 | 9,545,990 | 8,772,600 |
| Gross profit margin | 34.83% | 34.88% | 38.47% | 31.96% | 29.12% |
February 3, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $4,533,740K ÷ $13,017,800K
= 34.83%
Based on the data provided, Dick’s Sporting Goods Inc has shown fluctuations in its gross profit margin over the past five years. In the most recent fiscal year ending on February 3, 2024, the company's gross profit margin was 34.83%, slightly lower than the previous year's 34.88%.
The gross profit margin reached its peak at 38.47% on January 29, 2022, signaling a strong performance in effectively managing costs and generating profits from the sale of goods. However, there was a noticeable decline in the gross profit margin to 29.12% on February 1, 2020, which may indicate challenges faced by the company during that period.
Overall, the fluctuations in Dick’s Sporting Goods Inc's gross profit margin over the five-year period suggest varying levels of efficiency in cost control, pricing strategies, and sales performance. Further analysis and comparison with industry benchmarks could provide deeper insights into the company's operational effectiveness and competitiveness in the retail sporting goods sector.
Peer comparison
Feb 3, 2024