Dick's profit meets, guides up

The largest publicly traded U.S. sporting goods retailer said EPS rose 16% to 88 cents, in line with estimates, as the company continues to expand amid a trend to active lifestyles in the U.S., including healthier diets and more sports. Dick's Sporting Goods' sales rose 6% to $1.6 bil, meeting views. The operator of Dick's Sporting Goods and Golf Galaxy Sporting Goods chains forecast Q1 EPS of 36-38 cents, a 23% rise from the year-earlier quarter, and a penny above estimates. Shares climbed 3% to 46.89.