Dick’s Sporting Goods Guides 2026 EPS to $13.70–14.70, Raises Dividend 3%

DKSDKS

Dick’s Sporting Goods delivered 3.1% comparable sales growth in Q4 and 4.5% for full-year 2025, with full-year non-GAAP EPS of $13.20 and DICK’S Business non-GAAP EPS of $14.58. It guides 2026 comparable sales growth of 2.0%–4.0%, consolidated EPS of $13.70–14.70 and raised its annual dividend by 3% to $5.00.

1. Record Q4 and Full-Year Results

Dick’s Sporting Goods reported Q4 comparable sales growth of 3.1% for the DICK’S Business and full-year 4.5% growth, driven by higher average ticket and transactions. Full-year GAAP EPS reached $9.97 and non-GAAP consolidated EPS hit $13.20, while DICK’S Business non-GAAP EPS increased to $14.58.

2. 2026 Financial Outlook

The company forecasts 2026 comparable sales growth of 2.0%–4.0% for the DICK’S Business and 1.0%–3.0% pro forma for the Foot Locker Business. It expects consolidated operating income of $1.71–1.83 billion, non-GAAP operating income of $1.68–1.81 billion, and consolidated EPS of $13.70–14.70.

3. Store Expansion and Dividend

In 2025, Dick’s opened 16 House of Sport and 15 DICK’S Field House locations and plans roughly 14 and 22 additional openings, respectively, in 2026. The board approved a 3% dividend increase to $5.00 per share, marking its sixth consecutive annual raise.

Sources

MBF