One new store will open during the company's second quarter,while the remaining locations will debut in the third quarter.About 60% of the stores will go into existing markets while therest will enter new locales.


During the first quarter, Dick's posted a 7.6% increase insame-store sales year over year at its namesake stores and a 12.4%jump at its 91-unit Golf Galaxy chain, which will get five newunits this year. The company's Q1 net income hit $26.2 million,more than doubling the $12.8 million it brought in during the sameyear-ago period.


As Dick's grows, the sporting goods sector of retail gets morecompetitive, said Edward Stack, the chain's chairman and chiefexecutive officer, during its earnings call. "We think it's goingto be a bit more competitive out there," he said, explaining thatthe company will step up marketing efforts.


For the full year, management expects same-store sales to risebetween 3% and 4%, with the second quarter increasing from 4% to5%. Capital expenditures are forecast in the $175-millionrange.

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