Dick's Sporting Goods Posts 28.1% Sales Gain, Forecasts FY26 EPS of $13.70–$14.70
Dick's Sporting Goods posted FY25 net sales of $17.22bn, a 28.1% gain that topped its $13.95–$14.0bn guidance and reflected 4.5% comparable sales growth. Net income fell 27% to $849m ($9.97 EPS), and management forecasts FY26 EPS of $13.70–$14.70 with 2.0%–4.0% comparable sales growth.
1. FY25 Sales Performance
Dick's Sporting Goods delivered FY25 net sales of $17.22bn, surpassing its $13.95–$14.0bn guidance. Comparable sales increased 4.5%, driven by higher average ticket sizes and transaction volumes.
2. Profitability Metrics
Net income declined 27% to $849m, resulting in earnings per diluted share of $9.97 versus $14.05 a year earlier. The drop reflected higher costs and investments in growth initiatives.
3. Foot Locker Acquisition and Store Expansion
In September 2025, the company closed its $2.5bn acquisition of Foot Locker and piloted an 11-store conversion under its Fast Break initiative. During FY25, it opened 16 House of Sport and 15 Dick’s Field House locations, with plans for 14 and 22 more in FY26.
4. FY26 Guidance
Management forecasts FY26 comparable sales growth of 2.0%–4.0% for its core business and 1.0%–3.0% for the Foot Locker segment. It projects consolidated operating income of $1.71bn–$1.83bn and EPS of $13.70–$14.70 on a GAAP basis.