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EVERY SEASON STARTS AT DICK'S SPORTING GOODS . FOR IMMEDIATE RELEASE DICK'S Sporting Goods Reports Record Quarterly Earnings in First Quarter 2021 ; Delivers 115 % Increase in Same Store Sales Compared to the First Quarter of 2020 and Raises Full Year Guidance Net sales for the first quarter of 2021 increased 119 % compared to the first quarter of 2020 and increased 52 % compared to the first quarter of 2019 Driven by strong sales and gross margin rate expansion , the Company delivered first quarter 2021 earnings per diluted share of $ 3.41 and non - GAAP earnings per diluted share of $ 3.79 ; this compares to a net loss per share of $ 1.71 during the first quarter of 2020 , a result of last year's temporary store closures , and earnings per diluted share of $ 0.61 during the first quarter of 2019 Company raises its full year 2021 earnings per diluted share guidance to $ 7.05 to 7.68 and raises its full year 2021 non - GAAP earnings per diluted share guidance to $ 8.00 to 8.70 PITTSBURGH , May 26 , 2021 - DICK'S Sporting Goods , Inc. ( NYSE : DKS ) , the largest U.S. based full - line omni channel sporting goods retailer , today reported sales and earnings results for the first quarter ended May 1 , 2021 . First Quarter Results Net sales for the first quarter of 2021 were $ 2.92 billion , an increase of 119 % compared to the first quarter of 2020 , or a 52 % increase compared to the first quarter of 2019. The increase compared to last year's quarter was driven by a 115 % increase in consolidated same store sales , which included an increase in eCommerce sales of 14 % . eCommerce sales increased 110 % in last year's first quarter and eCommerce penetration has grown from 13 % of total net sales in the first quarter of 2019 to 20 % for the first quarter of 2021. First quarter 2020 consolidated same store sales decreased 29.5 % , driven by temporary store closures that started on March 18th , 2020 to help prevent the spread of COVID - 19 . First quarter 2019 consolidated same store sales were flat . The Company reported consolidated net income for the first quarter ended May 1 , 2021 of $ 361.8 million , or $ 3.41 per diluted share , compared to a consolidated net loss for the first quarter ended May 2 , 2020 of $ 143.4 million , or $ 1.71 per diluted share . The Company incurred approximately $ 13 million of pre - tax incremental safety costs in response to COVID - 19 during the 13 weeks ended May 1 , 2021. During last year's quarter , the Company incurred approximately $ 62 million of pre - tax expenses in response to COVID - 19 . The Company reported consolidated net income for the first quarter ended May 4 , 2019 of $ 57.5 million , or $ 0.61 per diluted share . On a non - GAAP basis , the Company reported consolidated net income for the quarter ended May 1 , 2021 of $ 367.2 million , or $ 3.79 per diluted share , which excluded non - cash amortization of the debt discount associated with the Company's convertible senior notes and included the share impact of the convertible note hedge purchased by the Company , which is antidilutive for GAAP purposes . For the quarter ended May 4 , 2019 , non - GAAP consolidated net income was $ 58.4 million , or $ 0.62 per diluted share . First quarter 2019 non - GAAP results exclude a non - cash asset impairment and the settlement of a litigation contingency . The GAAP to non - GAAP reconciliations are included in a table later in the release under the heading " GAAP to Non - GAAP Reconciliations . " " We are in a great lane right now , and 2021 will be our boldest and most transformational year in the Company's history . We believe the future of retail is experiential , powered by technology and a world - class omni - channel operating model . Importantly , we are reimagining the athlete experience , both across our core business and through new concepts that we have been working on for the past several years , which will collectively propel our growth in the future , " said Ed Stack , Executive Chairman and Chief Merchandising Officer . " We are very pleased to deliver another exceptionally strong quarter , achieving record first quarter sales and our highest - ever quarterly earnings , both significantly exceeding our expectations . The strength of our diverse category