On Tuesday, Dicks Sporting Goods Inc (NYSE:DKS)’s shares declined -2.04% to $57.62, as DICK’S Sporting Goods, will update its long-term plan and key strategies to raise sales, operating profit and shareholder value.
During its Analyst Meeting at 10:00 am ET recently, the Corporation will update its fiscal 2017 sales target to $8.7 to 9.0 billion, representing a 3-year compounded annual growth rate (CAGR) of about 8% to 10% from fiscal 2014 sales of $6.8 billion. The Corporation continues to be focused on driving profitable growth and plans to expand its operating margin by about 80 to 130 basis points to 9.0% to 9.5% in fiscal 2017, from non-GAAP operating margin of 8.2% in fiscal 2014, through both the expansion of gross margin and SG&A expense leverage. As a result of this profitable growth and its commitment to returning capital to shareholders, the Corporation anticipates diluted earnings per share to grow at a CAGR of 12% to 16% through fiscal 2017.
Dick’s Sporting Goods, Inc. operates as a sporting goods retailer primarily in the eastern United States. The corporation provides hardlines, counting sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear products and accessories.
New Oriental Education & Tech Grp (ADR) (NYSE:EDU)’s shares dropped -2.01% to $23.93, during the last trading session on Tuesday, as New Oriental Education and Technology Group, declared that it will report its financial results for the third fiscal quarter ended February 28, 2015, before the U.S. market opens on April 21, 2015. New Oriental’s administration will host an earnings conference call at 8 AM on April 21, 2015, U.S. Eastern Time (8 PM on April 21, 2015, Beijing/Hong Kong Time).
New Oriental Education & Technology Group Inc. provides private educational services primarily in the People’s Republic of China. It offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the People’s Republic of China, and Ordinarywealth countries; and after-school tutoring courses for middle school and high school students to assist students enhance scores on entrance exams for admission into high schools or higher education institutions.
At the end of Tuesday’s trade, Sonic Corporation (NASDAQ:SONC)‘s shares dipped -2.00% to $31.29, the nation’s largest chain of drive-in restaurants, declared the appointment of Susan E. Thronson to its Board of Directors for a term ending at the next annual meeting of shareholders in 2016.
Ms. Thronson served as Senior Vice President, Global Marketing, at Marriott International, Inc., from July 2005 to July 2013. During her 24-year tenure with Marriott, she held a variety of progressive marketing administration positions, counting Senior Vice President, International Marketing, International Lodging Organization. Previous to her roles with Marriott, Thronson served as an Account Supervisor at McCann-Erickson Worldwide, one of the world’s largest advertising agency networks. Ms. Thronson is also a member of the board of directors of Angie’s List, Inc.
Sonic Corp. operates and franchises a chain of quick-service drive-in restaurants in the United States. As of March 13, 2015, the corporation operated 3,517 restaurants in 44 states. It also leases signs and real estate. The corporation was founded in 1953 and is headquartered in Oklahoma City, Oklahoma.
Voya Financial Inc (NYSE:VOYA), ended its Tuesday’s trading session with -1.99% loss, and closed at $43.32, as Voya Financial, uncovered that Joseph V. Tripodi, 59, stepped down executive vice president and chief marketing and commercial officer for The Coca-Cola Corporation, has joined the corporation’s board of directors, effective recently. Tripodi also will serve on the board compensation and benefits committee and the finance committee.
Voya Financial, Inc. operates as a retirement, investment, and insurance corporation in the United States. The corporation has five segments: Retirement, Annuities, Investment Administration, Individual Life, and Employee Benefits.
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