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Sporting Group Fuels Solid ATK Third Quarter, Quarterly Dividend, Outlook Increased

Sporting Group Fuels Solid ATK Third Quarter, Quarterly Dividend, Outlook Increased

Showing continued strength in its growing sporting business, ATK [ATK] on Wednesday delivered strong third quarter financial results, with the company increasing its fiscal year outlook and quarterly dividend. Net income in the third quarter increased 27 percent to $80 million compared to $63 million a year ago. Adjusted net income in the third quarter was $93 million. Fully diluted earnings per share (EPS) were $2.46 compared to $1.93 in the prior-year period. On an adjusted basis, fully diluted EPS…

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