US retailer Dick's Sporting Goods has reaffirmed its full-year update and outlined plans to grow its domestic market share and e-commerce business.

In a trading update today (14 April), the company detailed a long-term plan and key strategies to increase sales and operating profit.

It also reaffirmed its full-year outlook, for which it is targeting consolidated earnings per diluted share of around US$3.10 to $3.20, and a same store sales increase of 1% to 3%.

As part of its strategy for growth, Dick's said it sees "significant opportunity" to increase market share in the US through growing its namesake store base in new and under-penetrated markets and increasing its e-commerce sales.

"Stores continue to be a very profitable growth vehicle that deliver strong new store productivity, accelerate e-commerce growth, build brand equity and customer loyalty, and reinforce the strength of the company's vendor partnerships," it said.

The company anticipates growing its store base to around 735 to 750 stores by the end of fiscal 2017, an increase of 135 to 150 stores from the 603 stores at the end of fiscal 2014. It also plans to grow e-commerce sales to around $1bn to $1.2bn in fiscal 2017, from $628m in 2014.

"The company plans to have the Dick's Sporting Goods e-commerce site on its own platform in January 2017," it explained. "The company's GolfGalaxy.com site successfully launched on its new e-commerce platform in March 2015 and a transactional Field & Stream site is planned to go-live in Fall 2015. The company believes the investments in its e-commerce platform are critical to growing the business and increasing profitability."