Dick’s Sporting Goods posted $2.75 billion in third-quarter net sales on Tuesday, a 13.9% year-over-year increase and a 40% jump since 2019.

Consolidated net income soared from $177.2 million during the third quarter of last year to $316.5 million for the three months ending Oct. 31 — net sales are at $8.94 billion through the first three quarters of the year.

Despite spending roughly $15 million in COVID-related safety costs, executive chairman Ed Stack believes “this will be the most transformational year in our history.”

The end of the quarter placed Dick’s Sporting Goods with around $1.37 billion in cash or cash equivalents.

• Ecommerce sales increased 97% since 2019 — just 1% year-over-year — but accounted for 19% of total business.
• Inventory rose 7.3% year-over-year.
• By the end of the quarter, 734 brick-and-mortar locations were open.

The company paid over $500 million to stockholders during the quarter and repurchased 2.17 million shares of its common stock, totaling $273.4 million. 

With a market value of around $12.5 billion, the sporting goods company raised its full-year guidance to sales between $12.12 billion and $12.19 billion.

Dick’s Sporting Goods also announced a deal with Nike earlier this month, linking the brands’ respective membership and loyalty programs and offering exclusive Nike apparel on its website.

Tottenham Hotspur posted $106.9 million in pre-tax losses for the fiscal year ending June 30, reflecting a period when few Premier League fans were allowed to see games in person because of the global pandemic.

The club managed to partly counteract a huge drop in matchday income to post $483.4 million in overall revenue, a 10.1% drop from the year before. 

• Matchday revenue was $2.5 million, as only two matches were played with live fans, and at limited capacity. 
• The previous year, the club took in $126.2 million from its 19 home games, 14 of which were played before lockdowns. 
• TV and media revenues proved to be a saving grace, rising 93.4% to $246.3 million.

The team’s results on the field also cut into earnings: the team’s UEFA winnings fell to $31.5 million from $68.4 million the year before, despite UEFA slightly increasing the prize pool from the 2019-2020 season. 

The losses spiked the team’s total debts to $943 million, up from $808.1 million at the end of fiscal 2020.

Going forward, the club wants to leverage its 62,062-capacity stadium, which opened in 2019, with plans to host NFL, boxing, rugby, concerts, and other events in the $1.6 billion facility.

Tottenham has still not played a full season in the stadium.

Genius Sports raised its full-year revenue guidance following Tuesday’s third-quarter earnings report. 

The London-based sports data provider generated $69.1 million in revenue in Q3 2021, a 70.5% increase compared to the same period last year. 

The results were driven by Genius’ Betting Technology, Content, and Services segment, which posted $43.6 million in revenue — a 48% increase year-over-year. The company’s Sports Technology and Services segment generated $11.6 million in revenue, a 159% uptick compared to Q3 2020. 

Full-year revenue is projected to range between $257 million and $262 million, up from a previous target between $255 million and $260 million. 

Genius completed a $1.5 billion merger in April with dMY Technology Group to go public and has since continued to expand its offerings. 

• April: The company secured exclusive NFL data rights for $120 million per year in a six-year deal.
• June: It acquired Second Spectrum — the official analytics provider for the NBA, Premier League, and MLS — for $200 million.
• September: It reached an agreement with 888 Holdings to provide data and tech to Sports Illustrated’s new gambling platform, SI Sportsbook.
• November: It announced an expanded partnership with FanDuel to provide the sportsbook with official NFL data. 

Genius saw its total operating expenses reach $47.5 million in Q3 2021, up from $11.6 million in Q3 2020.