Dicks Sporting Goods Inc (DKS)

DICK'S Sporting Goods, Inc. Reports First Quarter ResultsMay 27, 2026 7:00 AM
PR Newswire (US) – DICK'S Business Delivers 6.0% Comp Sales Growth –– Foot Locker Business Returns to Comp Sales Growth and Profitability (A) (B) – – Raises Low End of 2026 Comp Sales Outlook for Both the DICK'S and Foot Locker Businesses (A) (B)  – Delivered earnings per diluted share of $3.54 and non-GAAP earnings per diluted share of $2.90 (C) compared to earnings per diluted share of $3.24 and non-GAAP earnings per diluted share of $3.37 in the prior year quarter; Current year results include the dilutive impact of the 9.6 million shares issued in connection with the Foot Locker acquisitionScaled the Foot Locker Business's Fast Break initiative to approximately 100 stores globally during the first quarter and remain on track to reach approximately 250 stores by back to schoolRaises low end of full year 2026 guidance for comparable sales growth for both the DICK'S and Foot Locker Businesses:DICK'S Business now 2.5% to 4.0%, up from 2.0% to 4.0% previouslyFoot Locker Business (B) now 1.5% to 3.0%, up from 1.0% to 3.0% previouslyUpdates full year 2026 consolidated operating income guidance to a range of $1.69 to 1.81 billion, compared to $1.71 to 1.83 billion previously; Raises full year 2026 consolidated non-GAAP operating income guidance to a range of $1.71 to 1.83 billion, up from $1.68 to 1.81 billion previouslyUpdates full year 2026 consolidated earnings per diluted share guidance to a range of $13.27 to 14.27, compared to $13.70 to 14.70 previously; Continues to expect full year 2026 non-GAAP earnings per diluted share to be in the range of $13.50 to 14.50"Sport is one of the hottest categories in the country today, and DICK'S is leading from the front. We're investing from a position of strength and playing offense for the long term, widening the gap between us and the rest of the industry. Our leadership showed up clearly in our DICK'S Business results this quarter, with 6% comp growth. With Foot Locker, our excitement and confidence continue to build as we execute our plan, and in Q1 we saw encouraging proof points, returning the Foot Locker Business to positive comps and profitability. Our Fast Break initiative, our capital light store remodel program, is delivering exceptional results, with double-digit comps and merchandise margin improvement as we rapidly scale toward approximately 250 stores by back to school. Based on this early progress, we are raising the low end of our full-year comp sales expectation for the Foot Locker Business."
Ed Stack, Executive Chairman
"We're very proud of our company's Q1 results. Sport is driving sustained energy and engagement across the consumer landscape, and our team turned that athlete demand into another very strong quarter of execution. In Q1, we delivered comp sales growth of 6% in the DICK'S Business, with growth in average ticket and transactions, and broad-based strength across footwear, apparel, and hardlines. These strong comps were on top of a 4.5% increase last year and a 5.3% increase in 2024, as we continued to gain market share. Given our continued confidence in the DICK'S Business, we are raising our full-year expectations for comp sales growth and profitability."
Lauren Hobart, President and Chief Executive Officer   PITTSBURGH, May 27, 2026 /PRNewswire/ -- DICK'S Sporting Goods, Inc. (NYSE: DKS), a leading global sports retailer, today reported sales and earnings results for the first quarter ended May 2, 2026. (A) Results described by management for the "DICK'S Business" represent the existing DICK'S Sporting Goods operations, which includes the DICK'S Sporting Goods, Golf Galaxy, Going Going Gone! and Public Lands banners, as well as GameChanger. The results for the "Foot Locker Business" refer to our acquired operations, including the Foot Locker, Kids Foot Locker, Champs Sports, WSS and atmos banners. Profitability for the DICK'S and Foot Locker Businesses represents segment profit, or operating income for a respective segment.(B) Comparable sales for the Foot Locker Business are represented on a proforma basis and are calculated as if Foot Locker had been acquired at the beginning of the periods presented. Foot Locker will not be included in quarterly comparable sales until the fourth quarter of fiscal 2026 and full year comparable sales in fiscal 2027.(C) For additional information, see the section of this release titled "Non-GAAP Financial Measures" and GAAP to non-GAAP reconciliations included in tables later in this release under the heading "GAAP to Non-GAAP Reconciliations." DICK'S SPORTING GOODS, INC. AND SUBSIDIARIESSUPPLEMENTAL FINANCIAL INFORMATION - UNAUDITED Information below represents consolidated supplemental financial results for the 13 weeks ended May 2, 2026, which includes the DICK'S and Foot Locker Businesses. Prior period results reflect the DICK'S Business on a stand-alone basis.
First Quarter Consolidated Operating Results(in millions, except percentage and per share data)13 Weeks EndedChange (9)May 2, 2026May 3, 2025GAAP






Net sales$5,165$3,175$1,99062.7 %Operating income (% of net sales) (1)
8.7 %
11.5 %
(281) bpsEffective tax rate
28.3 %
24.0 %
434 bpsNet income$320$264$5621 %Weighted average diluted shares outstanding (2)
90
81
911 %Earnings per diluted share (2)$3.54$3.24$0.309 %Non-GAAP (3)






Operating income (% of net sales) (1)
7.3 %
11.4 %
(402) bpsEffective tax rate
28.8 %
24.1 %
475 bpsNet income $262$275$(12)(5) %Earnings per diluted share (2)$2.90$3.37$(0.47)(14) %
Balance Sheet(in millions)As ofMay 2, 2026As ofMay 3, 2025$ Change (9)%Change (9)Cash and cash equivalents$998$1,036$(38)(4) %Inventories, net (4)$5,419$3,569$1,85052 %Long-term debt and financing lease obligations (5)$1,906$1,484$42128 %
Capital Allocation(in millions)13 Weeks Ended$Change (9)% Change (9)May 2, 2026May 3, 2025Share repurchases (6)$141$299$(157)(53) %Dividends paid (7)$114$100$1414 %Gross capital expenditures (8)$361$265$9636 %Net capital expenditures (3) (8)$289$242$4719 %
Notes(1) Also referred to by management as operating margin. (2) Current year weighted average diluted shares outstanding and earnings per diluted share include the dilutive effect of the 9.6 million shares issued in connection with the Foot Locker acquisition.(3) For additional information, see the section of this release titled "Non-GAAP Financial Measures" and GAAP to non-GAAP reconciliations included in tables later in this release under the heading "GAAP to Non-GAAP Reconciliations."(4) Inventories, net as of May 2, 2026 includes $3.7 billion for the DICK'S Business and $1.7 billion for the Foot Locker Business. Inventory increased 3% for the DICK'S Business as compared to May 3, 2025.(5) Current year balance includes $385.5 million of carrying value for senior notes due 2029 and $34.9 million for the long-term portion of financing lease obligations acquired in connection with the Foot Locker acquisition. The Company had no outstanding borrowings under its revolving credit facility in 2026 and 2025. (6) During the 13 weeks ended May 2, 2026, the Company repurchased 0.7 million shares of its common stock under its previously announced share repurchase program at an average price of $196.38 per share, for a total cost of $141.2 million, and has $3.0 billion remaining under existing share repurchase authorizations as of May 2, 2026.  The Company also paid $5 million during fiscal 2025 for shares repurchased during fiscal 2024.(7) The Company declared and paid quarterly dividends of $1.25 per share in fiscal 2026 and $1.2125 per share in fiscal 2025.(8) During the 13 weeks ended May 2, 2026, gross and net capital expenditures totaled $294.9 million and $224.3 million, respectively, for the DICK'S Business and $65.9 million and $64.7 million, respectively, for the Foot Locker Business. (9) Column may not recalculate due to rounding. DICK'S SPORTING GOODS, INC. AND SUBSIDIARIESSUPPLEMENTAL FINANCIAL INFORMATION - UNAUDITED  (Continued)
Information below represents supplemental financial results for the DICK'S and Foot Locker Businesses for the periods presented. Prior period results reflect the DICK'S Business on a stand-alone basis, with the exception of proforma comparable sales information.  Refer to Proforma Comparable Sales section for additional information.

13 Weeks Ended(in thousands)May 2, 2026
May 3, 2025Net sales


DICK'S Sporting Goods$         3,377,440
$         3,174,677Foot Locker1,787,064
—Total net sales$         5,164,504
$         3,174,677



Gross profit


DICK'S Sporting Goods$         1,227,321
$         1,165,086Foot Locker498,666
—Corporate and other expenses (1)(42,725)
—Total gross profit$         1,683,262
$         1,165,086



Segment profit


DICK'S Sporting Goods$            360,975
$            360,408Foot Locker17,462
—Reconciliation to pre-tax income


Corporate and other income (2)(72,213)
(5,708)Interest expense17,541
12,138Other (income) expense(13,166)
6,256Pre-tax income$           446,275
$           347,722



ProformaComparable Sales13 Weeks EndedMay 2, 2026May 3, 2025DICK'S Sporting Goods6.0 %
4.5 %Proforma Foot Locker  (3) (4)0.6 %
(2.9) %Proforma consolidated comparable sales  (3)4.1 %
1.7 %

(1) Corporate and other expenses within gross profit represent charges to write down and liquidate inventory from the Company's review of the Foot Locker Business.(2) Corporate and other income includes income for litigation and other settlements and changes in the fair value of employee deferred compensation plan investments held in rabbi trusts, partially offset by Foot Locker acquisition-related costs.(3) Proforma comparable sales are calculated as if Foot Locker had been acquired at the beginning of the periods presented. Sales have been adjusted to conform to the Company's method of reporting comparable sales. Comparable sales are calculated on a constant currency basis, which translates the current year's results using the prior year periods' exchange rates.(4) Includes Foot Locker International proforma comparable sales decreases of (1.7%) and (8.9%) for the 13 weeks ended May 2, 2026 and  May 3, 2025, respectively,  which represents operations of the Foot Locker Business in Europe and Asia Pacific.Full Year 2026 OutlookThe Company's Full Year Outlook for 2026 is presented below.Consolidated OutlookMetricConsolidated Full Year 2026 OutlookNet sales $22.1 billion to 22.4 billion Operating income $1.69 billion to 1.81 billion$1.71 billion to 1.83 billion on a non-GAAP basis (1) Earnings per diluted share $13.27 to 14.27Based on approximately 90.5 million diluted shares outstanding, which includes the dilutive impact of the 9.6 million shares issued in connection with the Foot Locker acquisitionBased on an effective tax rate of approximately 27% (2)$13.50 to 14.50 on a non-GAAP basis (1) Capital expenditures Approximately $1.6 billion on a gross basisApproximately $1.4 billion on a net basis 

(1) Refer to the section of this release titled "Non-GAAP Financial Measures" and GAAP to non-GAAP reconciliations included in tables later in this release under the heading "GAAP to Non-GAAP Reconciliations."(2) Effective tax rate includes the unfavorable mix of our earnings in foreign jurisdictions and the effect of purchase accounting adjustments, particularly in Europe, where losses do not currently generate a tax benefit due to valuation allowances.Segment OutlookThe Company is providing the following segment outlook for the DICK'S and Foot Locker Businesses to provide visibility into segment-level performance that is included in the consolidated outlook above. The information below does not include corporate and other activities, which for fiscal 2026, primarily include income received as part of litigation and other settlements, partially offset by Foot Locker acquisition-related costs.MetricFull Year 2026 OutlookDICK'S BusinessFoot Locker BusinessNet sales $14.5 billion to 14.7 billion  $7.6 billion to 7.7 billion Comparable sales (1) Positive 2.5% to positive 4.0%  Positive 1.5% to positive 3.0% (1) Segment profit (2) $1.60 billion to 1.68 billion  $110 million to 150 million Segment profit (2)(% of net sales) 11.0% to 11.4%  1.4% to 1.9% Capital expenditures Approximately $1.2 billion on a gross basisApproximately $1.0 billion on a net basis  Approximately $0.4 billion on a gross basisApproximately $0.4 billion on a net basis 

(1) Comparable sales outlook for the Foot Locker Business is on a proforma basis, as Foot Locker will be included in the quarterly comparable store calculation beginning in the fourth quarter of fiscal 2026, which is when these stores will commence their 14th full month of operations following the date of acquisition.(2) Segment profit represents operating income for a respective segment.  Corporate and other activities, which represent costs or income not specifically related to the recurring operations of our segments, are not included in these results as they are not used by the Company to evaluate segment performance.Store Count and Square Footage As of May 2, 2026, the Company operated 3,115 store locations across the DICK'S and Foot Locker Businesses. The following tables summarize store activity for fiscal 2026:DICK'S BusinessBeginningStoresNewStoresClosedStoresRelocated /Converted (6)EndingStoresGross Square Footage (7)(in millions)BeginningEndingDICK'S644—(2)(2)64034.434.2DICK'S Field House421—1442.42.5DICK'S House of Sport35——1363.83.9Total DICK'S7211(2)—72040.640.6Other Specialty Concepts






Golf Galaxy (1)113———1132.52.5Going Going Gone!512(1)—522.32.4Public Lands3———30.10.1Total Other Specialty Concepts1672(1)—1684.95.0Total DICK'S Business8883(3)—88845.545.6 Foot Locker BusinessBeginningStoresNewStoresClosedStores (5)Relocated /Converted (5)EndingStoresGross Square Footage (7)(in millions)BeginningEndingFoot Locker North America734—(18)—7164.44.3Champs Sports371—(7)—3642.22.1Kids Foot Locker3622(7)—3571.31.2WSS143—(43)—1001.81.3North America (2)1,6102(75)—1,5379.78.9Foot Locker Europe (3)5732(8)—5672.32.3Foot Locker Asia Pacific94———940.40.4atmos301(2)—29——International 6973(10)—6902.82.7Total Owned Stores2,3075(85)—2,22712.411.7Licensed stores (4)2545(3)—2561.11.1Total Foot Locker Business2,56110(88)—2,48313.512.8 

(1) As of May 2, 2026, includes 36 Golf Galaxy Performance Centers, with three openings during fiscal 2026, which were conversions of prior Golf Galaxy store locations. (2) Represents store locations in the United States and Canada and related square footage. (3) Represents Foot Locker store locations in Europe, including two Kids Foot Locker stores and related square footage, as of May 2, 2026.(4) Reflects licensed stores operating in the Middle East, Asia and Europe. (5) Store closures for the Foot Locker Business during fiscal 2026 includes 62 Foot Locker stores identified as part of the Company's review of unproductive assets. Additionally, the Foot Locker Business relocated or remodeled 17 stores during the current year period consisting of four Foot Locker, four Kids Foot Locker and four WSS store locations in North America and five international store locations.(6) Reflects stores converted between concept or prototype through store relocations or remodels as part of the Company's strategy to reposition its store portfolio. In addition to stores that converted between concepts, the Company relocated or remodeled four stores during the current year period, consisting of three Golf Galaxy and one DICK'S House of Sport store locations.(7) Columns may not recalculate due to rounding.Quarterly Dividend On May 26, 2026, the Company's Board of Directors authorized and declared a quarterly dividend in the amount of $1.25 per share on the Company's common stock and Class B common stock. The dividend is payable in cash on June 26, 2026 to stockholders of record at the close of business on June 12, 2026.Acquisition of Foot LockerOn September 8, 2025, the Company acquired all of the issued and outstanding shares of Foot Locker, Inc. ("Foot Locker"), a leading footwear and apparel retailer, pursuant to the definitive merger agreement executed on May 15, 2025. Total consideration exchanged for the acquisition was $2.5 billion, which primarily consisted of $2.1 billion in share consideration for the issuance of 9.6 million shares of DICK'S Sporting Goods common stock, $223.0 million in cash consideration and $111.6 million from the Company's pre-existing equity ownership in Foot Locker. The Company's current period results reflect Foot Locker's operations for the entire 13-week period ended May 2, 2026.As previously announced, the Company has initiated a review of unproductive assets, which includes optimizing inventory, closing underperforming stores, and right-sizing assets that do not align with our go-forward vision for the Foot Locker Business. We continue to expect these actions, along with merger and integration costs and deferred financing amortization on a bridge facility, to result in pre-tax charges of $500 to 750 million, of which $486.5 million has been recognized to date. Including the $96.5 million of charges incurred during the 13 weeks ended May 2, 2026, we currently expect $200 million of these charges to be incurred in fiscal 2026, with the remaining charges to be incurred over the medium term.Non-GAAP Financial MeasuresIn addition to reporting the Company's financial results for the first quarter in accordance with generally accepted accounting principles ("GAAP"), the Company also reports certain non-GAAP financial measures. These non-GAAP financial measures include non-GAAP gross margin, non-GAAP operating income, non-GAAP operating margin, non-GAAP effective tax rate, non-GAAP net income, non-GAAP earnings per diluted share and net capital expenditures. Management believes these non-GAAP financial measures provide investors with meaningful supplemental information to assist in evaluating the Company's ongoing operations and comparing results across reporting periods.Management further believes that excluding non-cash changes in the fair value of deferred compensation plan investments—which fluctuate with market performance and are offset within other income—enhances investors' understanding of underlying trends in selling, general and administrative expenses. The Company also uses these non-GAAP financial measures internally for budgeting, forecasting and assessing operating performance. These non-GAAP financial measures should be considered in addition to, and not as a substitute for, the Company's GAAP financial results. Because the methods used by the Company to calculate its non-GAAP measures may differ from those used by other companies, the non-GAAP measures presented herein may not be comparable to similarly titled measures of other companies. Reconciliations of the Company's non-GAAP financial measures to the most directly comparable GAAP measures are provided below and are available on the Company's website at investors.DICKS.com.Forward-Looking Statements Involving Known and Unknown Risks and UncertaintiesThis release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified as those that may predict, forecast, indicate or imply future results or performance and by forward-looking words such as "believe", "anticipate", "expect", "estimate", "predict", "intend", "plan", "project", "goal", "will", "will be", "will continue", "will result", "could", "may", "might" or any variations of such words or other words with similar meanings. Any statements about the Company's plans, objectives, expectations, strategies, beliefs, or future performance or events constitute forward-looking statements. These statements are subject to known and unknown risks, uncertainties, assumptions, estimates, and other important factors that change over time, many of which may be beyond the Company's control. The Company's future performance and actual results may differ materially from those expressed or implied in such forward-looking statements. Forward-looking statements should not be relied upon as a prediction of actual results. Forward-looking statements include statements regarding, among other things, the Company's future performance, including 2026 outlook and guidance and revisions thereto, continued comp growth, and improved gross margin, the benefits of the combination of DICK'S Sporting Goods and Foot Locker (the "Transaction"), including future financial and operating results and the combined company's plans, objectives, expectations, intentions, growth strategies and culture that are not historical facts.Factors that could cause actual results to differ materially from those expressed or implied in any forward-looking statements include, but are not limited to, macroeconomic conditions, including inflationary pressures and elevated interest rates, changes in consumer income and confidence, perception of global economic conditions, geopolitical conflicts and tensions, the threat or outbreak of further conflicts, war, terrorism or public unrest, wage and unemployment levels and public health concerns; intense competition in the sporting goods industry and in retail, including competition for talent and the level of competitive promotional activity and technological innovation; product cost and availability fluctuations due to a variety of factors; risks and costs inherent with international operations; our dependence on consumer discretionary spending and ability to predict or effectively react to changes in consumer demand, lifestyle changes or shopping patterns; risks associated with our vertical brand offerings, including brand strategy and marketing, improved space in-store, expanding product categories, product safety and labeling, product liability and recalls, and specialty concept stores; our ability to protect the reputation of our Company and our brands; short-term impacts of our strategic plans and initiatives, or such plans and initiatives not achieving the desired results within the anticipated time frame or at all; our ability to successfully grow our DICK'S House of Sport, DICK'S Field House and Golf Galaxy Performance Center stores and execute our overall real estate strategy for DICK'S and Foot Locker; unauthorized use or disclosure of sensitive or confidential athlete, teammate, vendor or Company information; disruptions, delays, downtime or other problems with our information systems, including our eCommerce platform and GameChanger, caused by high volumes, design or implementation deficiencies, or platform enhancements as well as associated disruptions to our operations; our ability to attract, train, engage and retain athletes and key teammates, to implement effective succession planning strategies, and to adequately respond to teammate organizing efforts; weather-related risks and seasonal influences resulting from the overall seasonality of certain categories of our business; our issuance of quarterly cash dividends and share repurchases pursuant to our share repurchase programs, if any; our ability to effectively control expenses, manage inventory levels and protect against inventory shrink; the ability of the Foot Locker business to expand its market share in international markets; the technology enablement required to support our omni-channel capabilities; our ability to meet market expectations and the historical and possible future impacts on the price of our common stock; the influence and control of the holders of our Class B common stock, whose interests may differ from those of our other stockholders; our charter's current anti-takeover provisions, which could prevent or delay a change in control of the Company; our dependence on key suppliers, distributors, and manufacturers to provide sufficient quantities of quality products in a timely fashion; risks and costs relating to changing global laws, rules, regulations, interpretations and other guidance affecting our business; product safety and labeling concerns; compliance and litigation risks for which we may not have sufficient insurance or other coverage; our ability to secure and protect our intellectual property and defend claims of intellectual property infringement, including with respect to our vertical brands; changes in applicable tax laws, regulations and treaties and their interpretation and application; the effects of the performance of professional sports teams within our core regions of operations and other factors relating to professional sports leagues and key athletes; the impact of evolving environmental, social and governance standards, regulatory requirements, stakeholder expectations and related political and social dynamics; risks related to the Transaction, including effective integration of the Foot Locker business, and other strategic alliances, acquisitions or investments; obligations and other provisions related to our indebtedness, including our senior notes due 2029, 2032 and 2052; and changes in the market value or liquidity of securities we hold and risks associated with our limited degree of control over certain strategic minority investments. These factors are not necessarily all of the factors that could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by any of the forward-looking statements. Other factors, including unknown or unpredictable factors, also could harm our results.For additional information on these and other factors that could affect our actual results, see the risk factors set forth in our filings with the Securities and Exchange Commission (the "SEC"), including our most recent Annual Report on Form 10-K, filed with the SEC on March 27, 2026. The Company disclaims and does not undertake any obligation to update or revise any forward-looking statement in this communication, except as required by applicable law or regulation. Forward-looking statements included in this communication are made as of the date of this communication.Conference Call Info The Company will host a conference call today at 8:00 a.m. Eastern Time to discuss the first quarter results. Investors will have the opportunity to listen to the earnings conference call over the internet through the Company's website located at investors.DICKS.com. To listen to the live call, please go to the website at least fifteen minutes early to register, download, and install any necessary audio software. For those who cannot listen to the live webcast, it will be archived on the Company's website for approximately twelve months.About DICK'S Sporting Goods, Inc.DICK'S Sporting Goods creates confidence and excitement by inspiring, supporting and personally equipping all athletes to achieve their dreams. Founded in 1948 and headquartered in Pittsburgh, DICK'S is a leading omni-channel retailer and an iconic brand in sport and culture. Its banners include DICK'S Sporting Goods, Golf Galaxy, Public Lands and Going Going Gone! in addition to the experiential retail concepts DICK'S House of Sport and Golf Galaxy Performance Center. As owner and operator of the Foot Locker Business, including Foot Locker, Kids Foot Locker, Champs Sports, WSS and atmos, DICK'S serves the global sneaker community across North America, Europe, Asia and Australia, plus a licensed store presence in Europe, the Middle East and Asia. DICK'S also owns and operates GameChanger, a youth sports mobile platform for live streaming, scheduling, communications and scorekeeping.Driven by its belief that sports have the power to change lives, DICK'S has been a longtime champion for youth sports and, together with its Foundation, has donated millions of dollars to support under-resourced teams and athletes through the Sports Matter program and other community-based initiatives. Additional information about DICK'S business, corporate giving and employment opportunities can be found on dicks.com, investors.dicks.com, sportsmatter.org, dickssportinggoods.jobs and on Instagram, TikTok, Facebook and X.Contacts:Investor Relations:
Nate Gilch, Vice President of Investor Relations
DICK'S Sporting Goods, Inc.
investors @leeboMedia Relations:
(724) 273-5552 or press@dcsg.comCategory: Earnings  DICK'S SPORTING GOODS, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF INCOME - UNAUDITED(In thousands, except per share data)


13 Weeks Ended

May 2,2026
% of Sales (1)
May 3,2025
% of Sales (1)








Net sales
$       5,164,504
100.00 %
$       3,174,677
100.00 %Cost of goods sold, including occupancy and
   distribution costs
3,481,242
67.41
2,009,591
63.30








GROSS PROFIT
1,683,262
32.59
1,165,086
36.70








Selling, general and administrative expenses
1,163,928
22.54
785,528
24.74Merger and integration costs
53,815
1.04
—
—Pre-opening expenses
14,869
0.29
13,442
0.42








OPERATING INCOME
450,650
8.73
366,116
11.53








Interest expense
17,541
0.34
12,138
0.38Other (income) expense
(13,166)
(0.25)
6,256
0.20








PRE-TAX INCOME
446,275
8.64
347,722
10.95








Provision for income taxes
126,453
2.45
83,434
2.63








NET INCOME
$         319,822
6.19 %
$         264,288
8.32 %








EARNINGS PER COMMON SHARE:







Basic
$              3.61


$              3.33

Diluted
$              3.54


$              3.24










WEIGHTED AVERAGE COMMON SHARES
   OUTSTANDING:







Basic
88,535


79,341

Diluted
90,408


81,478










(1) Column does not add due to rounding DICK'S SPORTING GOODS, INC. AND SUBSIDIARIESCONSOLIDATED BALANCE SHEETS - UNAUDITED(In thousands)


May 2,2026
May 3,2025
January 31,2026ASSETS





CURRENT ASSETS:





Cash and cash equivalents
$          998,228
$        1,035,889
$        1,353,226Accounts receivable, net
466,521
256,554
475,852Income taxes receivable
59,075
4,138
68,455Inventories, net
5,419,435
3,569,353
4,907,823Prepaid expenses and other current assets
327,217
164,892
299,435Total current assets
7,270,476
5,030,826
7,104,791






Property and equipment, net
3,757,937
2,268,866
3,512,776Operating lease assets
4,651,738
2,396,687
4,594,670Intangible assets, net
765,371
58,598
768,575Goodwill
813,069
245,857
864,047Deferred income taxes
69,317
29,510
82,501Other assets
505,036
404,238
484,139TOTAL ASSETS
$      17,832,944
$      10,434,582
$       17,411,499






LIABILITIES AND STOCKHOLDERS' EQUITY





CURRENT LIABILITIES:





Accounts payable
$        2,181,042
$        1,542,749
$        1,986,990Accrued expenses
1,146,104
629,484
1,115,306Operating lease liabilities
948,017
496,129
1,004,909Income taxes payable
83,389
83,489
7,533Deferred revenue and other liabilities
485,638
360,568
528,820Total current liabilities
4,844,190
3,112,419
4,643,558LONG-TERM LIABILITIES:





Revolving credit borrowings
—
—
—Long-term debt and financing lease obligations
1,905,810
1,484,462
1,905,299Long-term operating lease liabilities
4,935,599
2,587,597
4,836,435Deferred income taxes
247,145
—
203,920Other long-term liabilities
295,956
197,710
282,167Total long-term liabilities
7,384,510
4,269,769
7,227,821COMMITMENTS AND CONTINGENCIES





STOCKHOLDERS' EQUITY:





Common stock
650
556
653Class B common stock
236
236
236Additional paid-in capital
3,735,340
1,483,461
3,724,836Retained earnings
7,035,961
6,559,483
6,827,900Accumulated other comprehensive income (loss)
4,576
(430)
17,813Treasury stock, at cost
(5,172,519)
(4,990,912)
(5,031,318)Total stockholders' equity
5,604,244
3,052,394
5,540,120TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
$      17,832,944
$      10,434,582
$       17,411,499






 DICK'S SPORTING GOODS, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED(In thousands)


13 Weeks Ended

May 2,2026
May 3,2025CASH FLOWS FROM OPERATING ACTIVITIES:



Net income
$        319,822
$       264,288Adjustments to reconcile net income to net cash provided by operating
activities:



Depreciation and amortization
153,810
97,860Amortization of deferred financing fees and debt discount
1,511
589Deferred income taxes
55,001
23,174Stock-based compensation
29,858
19,180Other, net
(2,687)
17,730Changes in assets and liabilities:



Accounts receivable
(16,107)
(22,061)Inventories
(514,024)
(219,523)Prepaid expenses and other assets
(5,164)
(19,682)Accounts payable
188,298
57,098Accrued expenses
6,504
(53,348)Income taxes payable / receivable
100,494
53,553Construction allowances provided by landlords
71,723
22,776Deferred revenue and other liabilities
(41,340)
(30,516)Operating lease assets and liabilities
(71,182)
(33,072)Net cash provided by operating activities
276,517
178,046CASH FLOWS FROM INVESTING ACTIVITIES:



Capital expenditures
(360,744)
(264,725)Other investing activities
(32)
(120,968)Net cash used in investing activities
(360,776)
(385,693)CASH FLOWS FROM FINANCING ACTIVITIES:



Payments on finance lease obligations
(1,371)
—Proceeds from exercise of stock options
7,190
61Minimum tax withholding requirements
(26,540)
(31,106)Cash paid for treasury stock
(141,208)
(303,671)Cash dividends paid to stockholders
(113,839)
(99,921)Increase (decrease) in bank overdraft
8,418
(12,092)Net cash used in financing activities
(267,350)
(446,729)EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS
(3,389)
325NET DECREASE IN CASH AND CASH EQUIVALENTS
(354,998)
(654,051)CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD
1,353,226
1,689,940CASH AND CASH EQUIVALENTS, END OF PERIOD
$       998,228
$     1,035,889 DICK'S SPORTING GOODS, INC.GAAP to NON-GAAP RECONCILIATIONS - UNAUDITED
Non-GAAP Net Income and Earnings Per Share Reconciliations(dollars in thousands, except per share amounts)

13 Weeks Ended May 2, 2026








GrossprofitSelling,general andadministrativeexpensesOperatingincomeOther(income)expense Pre-taxincomeNetincome (4)Earningsper dilutedshareGAAP Basis$               1,683,262$      1,163,928$    450,650$            (13,166)$             446,275$            319,822$         3.54% of Net Sales32.59 %22.54 %8.73 %(0.25) %8.64 %6.19 %
Foot Locker acquisition-
   related costs (1)42,725—96,540—96,54073,528
Litigation and other
   settlements (2)—174,464(174,464)—(174,464)(131,169)
Deferred compensation
   plan adjustments (3)—(5,711)5,7115,711——
Non-GAAP Basis$              1,725,987$      1,332,681$    378,437$ (7,455)$ 368,351$ 262,181$        2.90% of Net Sales33.42 %25.80 %7.33 %(0.14) %7.13 %5.08 %


(1) Foot Locker acquisition-related costs of $96.5 million include $42.7 million to write down and liquidate inventory from the Company's review of the Foot Locker Business and merger and integration costs of $53.8 million, which includes severance and other employee-related costs, store closing charges, legal and professional fees, and other costs related to the Foot Locker acquisition.(2) Represents $150.0 million in income received, net of legal fees, as a result of settlement on credit and debit card interchange fees and $24.5 million of income received from a landlord for early lease termination of a store location. (3) Includes non-cash changes in fair value of employee deferred compensation plan investments held in rabbi trusts.(4) Except for approximately $5.7 million of non-deductible merger and integration costs, the provision for income taxes for non-GAAP adjustments was tax effected at the statutory rate of the applicable tax jurisdiction, which approximates 24%. 
13 Weeks Ended May 3, 2025







Selling,general andadministrative
expensesOperatingincomeOtherexpense(income)Pre-taxincomeNetincome(3)Earningsper dilutedshareGAAP Basis$      785,528$     366,116$    6,256$  347,722$ 264,288$        3.24% of Net Sales24.74 %11.53 %0.20 %10.95 %8.32 %
Investment losses (1)——(13,880)13,88010,271
Deferred compensation
   plan adjustments (2)5,708(5,708)(5,708)——
Non-GAAP Basis$      791,236$    360,408$  (13,332)$ 361,602$ 274,559$        3.37% of Net Sales24.92 %11.35 %(0.42) %11.39 %8.65 %


(1) Included non-cash losses from non-operating investment in Foot Locker equity securities.(2) Included non-cash changes in fair value of employee deferred compensation plan investments held in rabbi trusts.(3) The provision for income taxes for non-GAAP adjustments was calculated at 26% which approximated the Company's blended tax rate. Gross Capital Expenditures to Net Capital Expenditures Reconciliation(in thousands)
The following table represents a reconciliation of the Company's gross capital expenditures to its capital expenditures, net of construction allowances.


13 Weeks Ended May 2, 2026
13 Weeks Ended May 3, 2025

DICK'S
FootLocker
Consolidated
DICK'S
FootLocker
ConsolidatedGross capital expenditures
$   (294,866)
$    (65,878)
$      (360,744)
$  (264,725)
$          —
$     (264,725)Construction allowances
   provided by landlords
70,548
1,175
71,723
22,776
—
22,776Net capital expenditures
$   (224,318)
$    (64,703)
$      (289,021)
$  (241,949)
$          —
$     (241,949) Reconciliation of Non-GAAP Operating Income and Earnings Per Diluted Share Guidance(dollars in millions, except per share amounts)

52 Weeks Ended January 30, 2027
Low End
High End
OperatingincomeEarnings perdiluted share
OperatingincomeEarnings perdiluted shareGAAP Basis$            1,688$             13.27
$         1,806$             14.27Foot Locker acquisition-related costs (1)2001.68
2001.68Litigation and other settlements (2)(174)(1.45)
(174)(1.45)Non-GAAP Basis$            1,714$             13.50
$         1,832$             14.50

(1) Adjustment eliminates the impact of future Foot Locker acquisition-related charges. Refer to "Acquisition of Foot Locker" section above for additional information.(2) Represents income received, net of legal fees, as a result of settlement on credit and debit card interchange fees and from a landlord for early lease termination of a store location.  View original content to download multimedia:https://www.prnewswire.com/news-releases/dicks-sporting-goods-inc-reports-first-quarter-results-302782458.htmlSOURCE DICK'S Sporting Goods, Inc. Original: DICK'S Sporting Goods, Inc. Reports First Quarter Results

DICK'S Sporting Goods Introduces Coach by DICK'S, an Agentic AI Conversational Experience to Support Athletes at Every StageMay 22, 2026 1:15 PM
PR Newswire (US) New digital Coach brings DICK'S sport expertise into a tailored athlete experiencePITTSBURGH, May 22, 2026 /PRNewswire/ -- DICK'S Sporting Goods (NYSE: DKS) today announced the launch of Coach by DICK'S™, a new agentic AI-powered conversational Coach™ designed to support athletes throughout their journey, whether they are just getting started in a sport, improving their game, looking for the latest performance gear or getting ready for this weekend's tailgate. Coach by DICK'S extends the trusted expertise found in DICK'S stores into a seamless digital experience within the DICK'S mobile app, delivering tailored guidance rooted in sport, product knowledge and individual athlete needs."At DICK'S, we believe sports change lives, and that belief guides how we show up for our athletes," said Emily Silver, Chief Marketing, eCommerce and Athlete Experience Officer at DICK'S. "Coach by DICK'S allows us to scale what makes us special – our people, our point of view, and our deep connection to sport – and deliver trusted guidance through our app in a way that feels personal and relevant."Powered by agentic AI and built using Adobe Brand Concierge and DICK'S content and knowledge, Coach by DICK'S delivers immersive conversational experiences that go beyond transactional shopping, guiding athletes using timely, relevant data and adapting to their stated preferences, goals and behaviors.Through natural conversation, Coach by DICK'S helps athletes:Receive tailored product recommendations informed by their sport, level, interests and specific needsAccess training Pro Tips and product education grounded in DICK'S sport knowledgeNavigate decisions – from product to services – with confidence through guidance that is expected to evolve alongside their journey and be informed by their behaviors and shared input"We designed Coach by DICK'S to meet athletes where they are on their sports journey," said Vlad Rak, Chief Technology Officer at DICK'S. "By bringing together the depth of our product knowledge, our understanding of sport, and what each athlete is trying to accomplish, we can respond in real time with guidance that's relevant in the moment. Coach by DICK'S helps guide athletes to the right product, the right fit, and trusted expertise so every interaction is personal to what they need."Coach by DICK'S will begin rolling out within the DICK'S mobile app starting in June with expanded capabilities planned over time.About DICK'S Sporting Goods, Inc.
DICK'S Sporting Goods creates confidence and excitement by inspiring, supporting and personally equipping all athletes to achieve their dreams. Founded in 1948 and headquartered in Pittsburgh, DICK'S is a leading omni-channel retailer and an iconic brand in sport and culture. Its banners include DICK'S Sporting Goods, Golf Galaxy, Public Lands and Going Going Gone! in addition to the experiential retail concepts DICK'S House of Sport and Golf Galaxy Performance Center. As owner and operator of the Foot Locker Business, including Foot Locker, Kids Foot Locker, Champs Sports, WSS and atmos, DICK'S serves the global sneaker community across North America, Europe, Asia and Australia, plus a licensed store presence in Europe, the Middle East and Asia. DICK'S also owns and operates GameChanger, a youth sports mobile platform for live streaming, scheduling, communications and scorekeeping. Driven by its belief that sports have the power to change lives, DICK'S has been a longtime champion for youth sports and, together with its Foundation, has donated millions of dollars to support under-resourced teams and athletes through the Sports Matter program and other community-based initiatives. Additional information about DICK'S business, corporate giving and employment opportunities can be found on dicks.com, investors.dicks.com, sportsmatter.org, dickssportinggoods.jobs and on Instagram, TikTok, Facebook and X.Contact: DICK'S Sporting Goods – press@dcsg.com View original content to download multimedia:https://www.prnewswire.com/news-releases/dicks-sporting-goods-introduces-coach-by-dicks-an-agentic-ai-conversational-experience-to-support-athletes-at-every-stage-302780351.htmlSOURCE DICK'S Sporting Goods Original: DICK'S Sporting Goods Introduces Coach by DICK'S, an Agentic AI Conversational Experience to Support Athletes at Every Stage

DICK’S Sporting Goods Partners with Adobe to Transform the Athlete Experience with AIApril 21, 2026 12:00 PM
Business Wire
Today, at Adobe Summit—the flagship customer experience conference—Adobe (Nasdaq:ADBE)—the global technology leader that unleashes creativity, productivity and customer experiences through innovative tools and platforms—announced a major partnership with DICK’S Sporting Goods (NYSE:DKS) to reshape how DICK’S connects with its customers (whom the company refers to as athletes) at every stage of the athlete journey.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260421672910/en/
Athletes today—no matter if they are active sports participants, weekend warriors, or fans—expect a high level of personalization and guidance that is tailored to their specific goals. DICK’S is partnering with Adobe to respond to this need with AI capabilities that equip every athlete with a digital coach. DICK’S will also leverage a suite of Adobe enterprise solutions, along with its own product, service and sport knowledge, to ensure athlete experiences are tailored and consistent.


“Every athlete’s journey is unique, and it is our job to ensure that every interaction with our brand is focused on helping our athletes achieve their dreams,” said Emily Silver, Chief Marketing, e-Commerce and Athlete Experience Officer, DICK’S. “Our partnership with our technology team and Adobe will help us meet the promise of personalization at scale through AI, with a data and content foundation that enables our teams to deliver the power of our opinion and expert knowledge and create unique experiences for every athlete.”


“With Adobe, we are further differentiating the experiences for our athletes across all parts of their journey,” said Vlad Rak, Chief Technology Officer, DICK’S. “From stores to online, from shopping to performance services, AI capabilities – powered by our deep knowledge of athletes and sport – are becoming the pillar of our strategy.”


“DICK’S Sporting Goods is writing the playbook for the modern athlete experience, moving to immersive and interactive engagements that are highly personalized, in their stores and online,” said Rachel Thornton, Chief Marketing Officer, Adobe Enterprise. “Our partnership speaks to the value that AI can bring when CMOs and CTOs collaborate, building on top of an integrated customer data platform, that makes it easier for marketing teams to understand preferences and deliver experiences that are intuitive, relevant and deepen brand loyalty.”


DICK’S is partnering with Adobe to enable:



Agent-powered conversational experiences: Consumers are embracing LLM interfaces to discover and engage their favorite brands. Data from Adobe showed that during the 2025 holiday season, AI traffic to retail sites (users clicking a link) jumped 693% year-over-year, as shoppers engaged with AI to locate specific products or find deals. DICK’S will leverage Adobe Brand Concierge to address this shift in consumer preferences, delivering immersive conversational experiences on its mobile app. AI agents (acting as digital coaches) will guide DICK’S athletes in their journey from personalized product recommendations informed by specific athlete needs to tailored training tips. Anchored in timely and relevant data, teams can also ensure that every agent interaction is customized and reacts to athletes’ changing preferences.



Personalization across every touchpoint: DICK’S is working with Adobe to ensure that a high bar for personalization exists across any athlete touchpoint. With Adobe Experience Platform, DICK’S is bringing together data signals across athlete interactions to more deeply understand athletes’ needs and preferences. Teams can then build relevant audiences through Adobe Real-Time Customer Data Platform and orchestrate cross-channel experiences via Adobe Journey Optimizer. This enables DICK’S to deliver the right content at just the right moment to create impact and boost engagement.



On-brand content production: Personalization at scale requires a high volume of content, with variations that must be tailored to either individuals or distinct customer cohorts. DICK’S is partnering with Adobe to streamline its content supply chain via Adobe GenStudio, leveraging a suite of best-in-class solutions that make it easier to get from idea to execution and delivery and respond to everchanging consumer trends and needs. This content engine includes Adobe Workfront to support effective cross-team collaboration, Adobe Experience Manager to drive how assets are managed and activated, and Adobe Firefly Services and Custom Models for teams to generate on-brand content and deliver variations for different marketing channels.



About Adobe


Adobe’s mission is to empower everyone to create by building innovative platforms and tools that unleash creativity, productivity and personalized customer experiences. For more visit www.adobe.com.


© 2026 Adobe. All rights reserved. Adobe and the Adobe logo are either registered trademarks or trademarks of Adobe in the United States and/or other countries. All other trademarks are the property of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260421672910/en/
Kevin Fu

Adobe

kfu@adobe.com


Original: DICK’S Sporting Goods Partners with Adobe to Transform the Athlete Experience with AI

/C O R R E C T I O N -- Unrivaled Sports/April 9, 2026 12:52 PM
PR Newswire (US)

/C O R R E C T I O N – Unrivaled Sports/ In the news release, Unrivaled Sports Partners with Under Armour and DICK'S Sporting Goods to Build the Future of Youth Sports Experiences, issued 09-Apr-2026 by Unrivaled Sports over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end:
Unrivaled Sports Partners with Under Armour and DICK'S Sporting Goods to Build the Future of Youth Sports Experiences
Under Armour and DICK'S to collaborate on activations across Unrivaled Sports properties, events and programmingNEW YORK, April 9, 2026 /PRNewswire/ -- Unrivaled Sports, the nation's leader in youth sports experiences, today announced landmark partnerships with Under Armour (NYSE: UAA) and DICK'S (NYSE: DKS), two of the most influential brands in sports, deepening its commitment to elevating the athlete experience and further strengthening Unrivaled Sports' leadership in the youth sports ecosystem.







Through these partnerships, Unrivaled Sports will collaborate with Under Armour and DICK'S to elevate the standard in youth sports — creating big league experiences on and off the field and bringing increased visibility and innovation to youth sports programming nationwide. Together, the organizations will deliver more dynamic, athlete-first experiences for players and families while advancing the future of the game."These strategic partnerships and sponsorship models are incredibly meaningful as we strive to change the world of youth sports — by creating inspiring, inclusive, and memory-making experiences for young athletes everywhere, for boys and girls, across multiple sports, and across the country," said Andy Campion, Chief Executive Officer & Chairman of Unrivaled Sports.Unrivaled Sports, Under Armour and DICK'S will collaborate on a series of integrated, experiential activations designed to bring the partnerships to life for participants and fans with a broader roadmap of initiatives to follow throughout the year and beyond. Initial tentpole efforts are tied to Ripken Nationals, a premier 12U baseball national championship tournament in its inaugural year, where athletes will see big league experiences like never before, including:Content series from Under Armour celebrating the MVPs of Ripken Nationals and highlighting incredible plays each day of the Ripken Nationals ChampionshipDICK'S Sporting Goods Post-Game Press Conference social content series spotlighting youth athletes and coaches as they share live reactions to the tournament's most pivotal momentsAdditionally, Under Armour is now the exclusive performance apparel partner of Ripken Nationals and the Ripken Nationals Championship. All youth athletes playing the Ripken Nationals Championship and all marquee Unrivaled Baseball baseball events will be outfitted with Under Armour apparel. Under Armour is also the official performance apparel partner for Unrivaled Flag events, including the Youth Flag Football World Championships and the High School Girls National Flag Football Competition, which features 5on5 and 7on7 tournaments, round robin games, playoffs and championships."Under Armour is proud to partner with Unrivaled Sports," said Craig Cummings, Under Armour Vice President, Team Division. "Unrivaled showcases a level of excellence in youth sport and Under Armour's committed to helping drive innovation and performance by delivering the best product and experiences for young athletes at Unrivaled tournaments and events."In addition to the athlete-focused moments, DICK'S will serve as the Presenting-Level Sponsor of Ripken Nationals and the Ripken Nationals Championship, and deliver a premium brand presence throughout the tournament. GameChanger will also provide livestream coverage tied to marquee moments, including Ripken Nationals qualifiers and the Ripken Nationals Championship at Cooperstown All Star Village."Supporting youth sports is central to who we are at DICK'S," said Mark Rooks, VP of Creative, Sponsorship & Entertainment at DICK'S. "This partnership with Unrivaled Sports allows us to show up for young athletes in new ways by elevating their tournament experience, celebrating their achievements and creating moments that mirror the biggest stages in sport. By investing in these moments, we're helping empower the next generation of athletes and reinforcing our commitment to the future of the game."By bringing together three leaders in sport, Unrivaled Sports is leveraging its platform to build a more elevated experience for young athletes, and to continue creating new programs, moments and opportunities that raise the standard for youth sports at scale.About Unrivaled Sports
Unrivaled Sports, the nation's leader in youth sports experiences, delivers best-in-class experiences for young athletes, their families and communities through a diverse set of brands across youth sports venues, properties and programming. Unrivaled Sports has welcomed some of the most iconic names in youth sports into its growing family of brands including Cooperstown All Star Village, Ripken Baseball Experiences, Unrivaled Sports ForeverLawn Park, Rocker B Ranch, Diamond Nation, Unrivaled Flag and We Are Camp action sports. From hosting tournaments to powering hometown leagues, Unrivaled Sports is committed to delivering formative, memory-making experiences to hundreds of thousands of young athletes and their families across the country.Learn more at unrivaledsports.com and follow @unrivaled.sports.About Under Armour
Under Armour, Inc., headquartered in Baltimore, Maryland, is a leading inventor, marketer and distributor of branded athletic performance apparel, footwear and accessories. Designed to empower human performance, Under Armour's innovative products and experiences are engineered to make athletes better. For further information, please visit http://about.underarmour.com.About DICK'S Sporting Goods, Inc.
DICK'S Sporting Goods creates confidence and excitement by inspiring, supporting and personally equipping all athletes to achieve their dreams. Founded in 1948 and headquartered in Pittsburgh, DICK'S is a leading omni-channel retailer and an iconic brand in sport and culture. Its banners include DICK'S Sporting Goods, Golf Galaxy, Public Lands and Going Going Gone! in addition to the experiential retail concepts DICK'S House of Sport and Golf Galaxy Performance Center. As owner and operator of the Foot Locker Business, including Foot Locker, Kids Foot Locker, Champs Sports, WSS and atmos, DICK'S serves the global sneaker community across North America, Europe, Asia and Australia, plus a licensed store presence in Europe, the Middle East and Asia. DICK'S also owns and operates GameChanger, a youth sports mobile platform for live streaming, scheduling, communications and scorekeeping.Driven by its belief that sports have the power to change lives, DICK'S has been a longtime champion for youth sports and, together with its Foundation, has donated millions of dollars to support under-resourced teams and athletes through the Sports Matter program and other community-based initiatives. Additional information about DICK'S business, corporate giving and employment opportunities can be found on dicks.com, investors.dicks.com, sportsmatter.org, dickssportinggoods.jobs and on Instagram, TikTok, Facebook and X.Correction: Changes have been made to the first bullet point and the fifth paragraph.



View original content to download multimedia:https://www.prnewswire.com/news-releases/unrivaled-sports-partners-with-under-armour-and-dicks-sporting-goods-to-build-the-future-of-youth-sports-experiences-302737580.htmlSOURCE Unrivaled Sports

Original: /C O R R E C T I O N -- Unrivaled Sports/

DICK'S Sporting Goods and NIKE, Inc. Enlist Dave "Lil Dicky" Burd and Diana Taurasi to Find the Next Generation of Hoopers with "The Scouts Are Out" CampaignMarch 17, 2026 12:00 PM
PR Newswire (US)

Also featured are Jayson Tatum, Sabrina Ionescu, Shai Gilgeous-Alexander, Stephon Castle and Tyran StokesPITTSBURGH, March 17, 2026 /PRNewswire/ -- Today, DICK'S Sporting Goods (NYSE: DKS), in collaboration with NIKE, Inc. (NYSE: NKE), unveiled "The Scouts are Out", a new campaign launching ahead of basketball's biggest month. Built around an unexpected, yet logical idea – the best place to scout the game's top talent is DICK'S – the campaign consists of a series of videos that feature a roster of Nike, Jordan Brand and Converse athletes, and highlights March as a pivotal time when young hoopers showcase their skills and rise in the ranks.

 

In the anthem spot, which draws inspiration from movie trailer storytelling, rapper and comedian Dave "Lil Dicky" Burd and WNBA legend Diana Taurasi play veteran scouts on the hunt for the next generation of hoopers. Their go-to scouting grounds? A place where future and present stars of the game walk right through the doors – DICK'S Sporting Goods. With cameos from 2024 NBA Champion and NBA All-Star Jayson Tatum, 2024 WNBA Champion and WNBA All-Star Sabrina Ionescu, 2025 NBA Champion and MVP Shai Gilgeous-Alexander, 2025 NBA Rookie of the Year Stephon Castle, and the consensus top high school recruit Tyran Stokes, "The Scouts are Out" positions DICK'S "the best place you could ever scout anything"."March is when the spotlight gets brighter for basketball players everywhere," said Melissa Christian, VP of Brand Building at DICK'S Sporting Goods. "We're having fun with that idea by celebrating how everyone from household names to the next wave of talent comes to DICK'S, because they know we have the gear, and expertise, they need to level-up their game."The campaign is running now across broadcast, online video and social media, with the remaining spots releasing over the coming weeks. Hoopers and fans everywhere can gear up for March at DICK'S locations nationwide, online at DICKS.com and on the DICK'S mobile app."The Scouts are Out" marks the second time DICK'S and NIKE, Inc. have joined forces on an ad campaign of this caliber. The first time was in 2023 when the brands collaborated on "Sports Change Lives", which consisted of personal stories from 10 Nike and Jordan Brand athletes, spotlighting the ways sports have changed their lives.About DICK'S Sporting Goods, Inc.
DICK'S Sporting Goods creates confidence and excitement by inspiring, supporting and personally equipping all athletes to achieve their dreams. Founded in 1948 and headquartered in Pittsburgh, DICK'S is a leading omni-channel retailer and an iconic brand in sport and culture. Its banners include DICK'S Sporting Goods, Golf Galaxy, Public Lands and Going Going Gone! in addition to the experiential retail concepts DICK'S House of Sport and Golf Galaxy Performance Center. As owner and operator of the Foot Locker Business, including Foot Locker, Kids Foot Locker, Champs Sports, WSS and atmos, DICK'S serves the global sneaker community across North America, Europe, Asia and Australia, plus a licensed store presence in Europe, the Middle East and Asia. DICK'S also owns and operates GameChanger, a youth sports mobile platform for live streaming, scheduling, communications and scorekeeping. Driven by its belief that sports have the power to change lives, DICK'S has been a longtime champion for youth sports and, together with its Foundation, has donated millions of dollars to support under-resourced teams and athletes through the Sports Matter program and other community-based initiatives. Additional information about DICK'S business, corporate giving and employment opportunities can be found on dicks.com, investors.dicks.com, sportsmatter.org, dickssportinggoods.jobs and on Instagram, TikTok, Facebook and X.Media Contacts
DICK'S Sporting Goods – press@dcsg.comCategory: Company














View original content to download multimedia:https://www.prnewswire.com/news-releases/dicks-sporting-goods-and-nike-inc-enlist-dave-lil-dicky-burd-and-diana-taurasi-to-find-the-next-generation-of-hoopers-with-the-scouts-are-out-campaign-302716207.htmlSOURCE DICK'S Sporting Goods, Inc.

Original: DICK'S Sporting Goods and NIKE, Inc. Enlist Dave "Lil Dicky" Burd and Diana Taurasi to Find the Next Generation of Hoopers with "The Scouts Are Out" Campaign

DICK'S Sporting Goods' Cookie Jar & A Dream Studios Celebrates Anticipation for Another FIFA World Cup on U.S. Soil with First-Ever SXSW Film PremiereMarch 13, 2026 10:00 AM
PR Newswire (US)

Cookie Jar & A Dream and Imagine Documentaries in partnership with Stand Together bring the 1994 U.S. Men's National Team underdog story and rise of American soccer to the film festival stagePITTSBURGH, March 13, 2026 /PRNewswire/ -- Today, DICK'S Sporting Goods' (NYSE: DKS) in-house content and production studio, Cookie Jar & A Dream Studios, announced its upcoming documentary with Imagine Documentaries and Stand Together, Summer of '94, as its first project to premiere at SXSW Film & TV Festival.







As the FIFA World Cup returns to U.S. soil this summer, Cookie Jar & A Dream Studios is revisiting the nation's first experience as host to tell one of the most remarkable underdog stories in sports history: how an overlooked American soccer team, long dismissed on the global stage, finally proved itself on its home turf."We created Cookie Jar & A Dream Studios to spotlight pivotal sports moments like this one," said Mark Rooks, VP of Creative, Sponsorship & Entertainment at DICK'S Sporting Goods. "The determination and grit shown by the '94 Men's National Team still resonates across the sports community today. Our hope is to inspire the next generation of athletes - in soccer and beyond - to work hard and chase their dreams, even when the odds feel stacked against them."Directed by Dave LaMattina and Chad Walker and co-produced by Cookie Jar & A Dream Studios, Imagine Documentaries, Stand Together, Delirio Flims and Copper Pot Pictures, Summer of '94 follows the history-making U.S. Men's National Soccer Team on its tireless journey training for the 1994 FIFA World Cup, overcoming the lack of a formal league, a shortage of notable talent and limited financial resources to defeat fan-favorite Colombia."Summer of 94 captures the moment soccer went mainstream in America, and after the World Cup ended in 1994, the torch was passed to parents and kids to keep that momentum going," said Marc Gilbar, President of Brands & Partnerships at Imagine Entertainment. "That's why we were so excited to partner with Cookie Jar & A Dream Studios, founded in part to help celebrate the next generation of athletes, and 'Yes Coach!', an organization that empowers America's youth sports coaches to mentor young people on and off the field."Through fresh interviews woven with the team's own behind-the-scenes 1990s camcorder footage, the film pulls audiences into the raw and unfiltered work of a team uncovering their chemistry, growing pains and perseverance. Players and coach Bora Milutinovic, reflect on the chaos, highlights and determination that transformed a scrappy roster into a team that reshaped U.S. soccer.At SXSW Film & TV Festival, adidas will support the premiere of the film with a series of brand activations that enhance audience engagement and bring the story to life. The film's premiere comes shortly after the brand launched its U.S. Denim Jersey, blending '90s-inspired aesthetics with modern streetwear influence, available to shop in store at select DICK'S locations and online at dicks.com.  "Cookie Jar & A Dream Studios is deeply honored to share Summer of '94 with the world for the first time at SXSW," said Rebecca Covington, Sr. Director, Creative Production at DICK'S Sporting Goods. "There's something timeless about that team and as we head toward another FIFA World Cup on U.S. soil, revisiting the magic of '94 feels not only nostalgic, but necessary. We are happy to celebrate where the team has been and where they're headed next. "Summer of '94 makes its SXSW Documentary Spotlight debut with a series of premiere events, featuring screenings with live intros and Q&As on March 14th (Rollins Theatre at The Long Center at 9:15 p.m. CT), March 15th (Alamo Lamar 5 at 2:30 p.m. CT) and March 18th (AFS Cinema at 9:00 p.m. CT).About DICK'S Sporting Goods, Inc.
DICK'S Sporting Goods creates confidence and excitement by inspiring, supporting and personally equipping all athletes to achieve their dreams. Founded in 1948 and headquartered in Pittsburgh, DICK'S is a leading omni-channel retailer and an iconic brand in sport and culture. Its banners include DICK'S Sporting Goods, Golf Galaxy, Public Lands and Going Going Gone! in addition to the experiential retail concepts DICK'S House of Sport and Golf Galaxy Performance Center. As owner and operator of the Foot Locker Business, including Foot Locker, Kids Foot Locker, Champs Sports, WSS and atmos, DICK'S serves the global sneaker community across North America, Europe, Asia and Australia, plus a licensed store presence in Europe, the Middle East and Asia. DICK'S also owns and operates GameChanger, a youth sports mobile platform for live streaming, scheduling, communications and scorekeeping.Driven by its belief that sports have the power to change lives, DICK'S has been a longtime champion for youth sports and, together with its Foundation, has donated millions of dollars to support under-resourced teams and athletes through the Sports Matter program and other community-based initiatives. Additional information about DICK'S business, corporate giving and employment opportunities can be found on dicks.com, investors.dicks.com, sportsmatter.org, dickssportinggoods.jobs and on Instagram, TikTok, Facebook and X.About Cookie Jar & A Dream StudiosCookie Jar & A Dream Studios is DICK'S Sporting Goods' Emmy-winning, in-house content and production studio. Dedicated to telling powerful, human-centered stories through the lens of sport, Cookie Jar & A Dream Studios was founded on the belief that sports have the power to change lives and build community. The studio's work spotlights the grit, triumphs, and heartbreak behind every athlete's journey, with a mission to create emotionally resonant content that inspires long after the final whistle blows. At its core, the studio believes sports are more than just competition; they are universal stories of hope, resilience, and connection.About Imagine DocumentariesImagine's documentary division, led by EMMY, Grammy and Peabody Award-winning producer Sara Bernstein, has established itself as a powerhouse in the documentary landscape since its inception in 2018. Founded by Imagine Entertainment Co-Chairmen Brian Grazer and Ron Howard, alongside Imagine President Justin Wilkes, the division has redefined the industry with its unwavering commitment to producing impactful, socially conscious, and thought-provoking content. Its critically acclaimed and award-winning documentaries have resonated with audiences worldwide, solidifying Imagine as a driving force in the art of storytelling.By embracing distinct perspectives in their storytelling, Imagine has expanded its footprint in the documentary genre, exploring a wide array of topics, from the EMMY Award-winning Best Documentary Jim Henson Idea Man (Disney+), and Critics Choice Documentary Award winner Music by John Williams (Disney+), the Peabody Award-winning Judy Blume Forever (Prime Video), Stormy, the critically acclaimed portrait of Stormy Daniels (Peacock), 2025 Oscars Shortlisted Frida (Prime Video), The Super Models (Apple TV+), the EMMY-nominated projects We Feed People (Disney+), Lucy and Desi (Prime Video), Downfall: The Case Against Boeing (Netflix); The Volcano: Rescue from Whakaari (Netflix), to the hit docuseries The Dynasty: New England Patriots (Apple TV+), Choir (Disney+), Harlem Ice (Disney+), Crime Scene: The Times Square Killer (Netflix), I Am Not a Monster (MAX), The Lost Children (Netflix), and Churchill at War (Netflix).In 2025, Imagine Documentaries produced Sephora Faces of Music (January, Hulu), Harlem Ice (February, Disney+), David Blaine Do Not Attempt (March, NatGeo), Fight For Glory: 2024 World Series (March, AppleTV+), Pets (April, Disney+), Light & Magic Season 2 (April, Disney+), Earnhardt (May, Prime Video), Marty: Life is Short (May, Netflix), Barbara Walters Tell Me Everything (June, Hulu). With an unmatched slate and an ever-expanding roster of visionary filmmakers, Imagine Documentaries continues to redefine nonfiction storytelling at an unparalleled pace.Media Contact
DICK'S Sporting Goods – press@dcsg.comCategory: Company



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Original: DICK'S Sporting Goods' Cookie Jar & A Dream Studios Celebrates Anticipation for Another FIFA World Cup on U.S. Soil with First-Ever SXSW Film Premiere

Dick’s Sporting Goods shares rise after earnings beat and upbeat outlookMarch 12, 2026 10:04 AM
IH Market News
Shares of Dick’s Sporting Goods (NYSE:DKS) moved higher in premarket trading on Thursday after the retailer reported fourth-quarter results that topped analyst expectations.Adjusted earnings per share were $3.45, exceeding the consensus estimate of $3.03 by $0.42. Revenue reached $6.23 billion, above forecasts of $6.08 billion and up sharply from $3.89 billion in the same period last year, largely reflecting the impact of the Foot Locker acquisition. Within the Dick’s core business, comparable sales increased 3.1% during the quarter.The company also issued fiscal 2026 guidance that surpassed Wall Street projections. Dick’s expects adjusted earnings per share between $13.50 and $14.50, compared with the analyst consensus of $12.77. The midpoint of $14.00 represents roughly a 9.6% premium to estimates.Revenue for fiscal 2026 is projected to range from $22.1 billion to $22.4 billion. The midpoint of $22.25 billion is about 2.1% higher than the consensus forecast of $21.8 billion. Shares rose 3.8% following the results.“We’re very proud of our company’s Q4 results. In the Dick’s Business, our strong execution powered a great holiday season and another strong quarter with comp growth over 3% and double-digit adjusted EPS growth,” said Lauren Hobart, President and Chief Executive Officer.For the full year 2025, the Dick’s core business reported comparable sales growth of 4.5% and adjusted earnings per share of $14.58, compared with $14.05 in the prior year.During 2025, the company opened 16 House of Sport stores and 15 Dick’s Field House locations. It plans to open approximately 14 additional House of Sport stores and 22 Dick’s Field House locations in 2026.Dick’s board also approved a 3% increase in the annual dividend, raising it to $5.00 per share.The company expects comparable sales growth for fiscal 2026 of 2.0% to 4.0% for the Dick’s core business and pro forma comparable sales growth of 1.0% to 3.0% for the Foot Locker business.Dick’s Sporting Goods

Original: Dick’s Sporting Goods shares rise after earnings beat and upbeat outlook

DICK'S Sporting Goods, Inc. Reports Fourth Quarter and Full Year 2025 Results; Delivers Record-Setting Fourth Quarter Sales for the DICK'S BusinessMarch 12, 2026 7:00 AM
PR Newswire (US)

– Delivers 3.1% Fourth Quarter Comparable Sales Growth for the DICK'S Business (A) – – Guides to Growth in Sales and Profitability in 2026  – Delivered 4.5% full year 2025 comparable sales growth for the DICK'S Business, driven by growth in average ticket and transactionsDelivered full year 2025 earnings per diluted share of $9.97 and non-GAAP earnings per diluted share of $13.20; Delivered full year 2025 non-GAAP earnings per diluted share for the DICK'S Business of $14.58 (B) compared to GAAP and non-GAAP earnings per diluted share of $14.05 during the prior yearOpened 16 House of Sport locations and 15 DICK'S Field House locations during 2025; Plans to open approximately 14 additional House of Sport locations and approximately 22 additional DICK'S Field House locations in 2026Provides 2026 outlook and expects full year comparable sales growth to be in the range of 2.0% to 4.0% for the DICK'S Business and full year proforma comparable sales growth (A) to be in the range of 1.0% to 3.0% for the Foot Locker BusinessExpects full year 2026 consolidated operating income to be in the range of $1.71 to 1.83 billion; Expects full year 2026 consolidated non-GAAP operating income to be in the range of $1.68 to 1.81 billionExpects full year 2026 consolidated earnings per diluted share to be in the range of $13.70 to 14.70; Expects full year 2026 non-GAAP consolidated earnings per diluted share to be in the range of $13.50 to 14.50Board of Directors authorizes a 3% increase in annualized dividend to $5.00 per share"2025 was another strong year for the DICK'S Business, with growth in comps and EPS exceeding our expectations. We've now owned the Foot Locker Business for about six months and our excitement and our conviction in the long-term opportunity continue to grow. We're very encouraged by what we're seeing with our Fast Break initiative, the evolution of our 11-store Foot Locker pilot, which we plan to rapidly scale in 2026. In addition,  our "clean out of the garage" efforts have set up Foot Locker to play offense and deliver the inflection point we expect beginning with back-to-school. We remain very confident that DICK'S and Foot Locker are stronger together, and I want to thank our more than 100,000 teammates across the globe for their commitment and execution every day."
Ed Stack, Executive Chairman
"We're very proud of our company's Q4 results. In the DICK'S Business, our strong execution powered a great holiday season and another strong quarter with comp growth over 3% and double-digit non-GAAP EPS growth. It was a terrific year overall with comps of 4.5%, gross margin expansion, and non-GAAP operating margin of over 11%.  DICK'S and Foot Locker are perfectly positioned at the intersection of sport and culture which is becoming an even stronger part of everyday life. For 2026, we expect to drive continued comp growth, strategic expansion of our square footage, and strong profitability for the DICK'S Business. We also look forward to returning the Foot Locker Business to both top-line and bottom-line growth in 2026. We have deep conviction in the tremendous opportunity ahead for our entire company."
Lauren Hobart, President and Chief Executive OfficerPITTSBURGH, March 12, 2026 /PRNewswire/ -- DICK'S Sporting Goods, Inc. (NYSE: DKS), a leading global sports retailer, today reported sales and earnings results for the fourth quarter and full year ended January 31, 2026.







(A)Results described by management for the "DICK'S Business" represent the existing DICK'S Sporting Goods operations, which includes the DICK'S Sporting Goods, Golf Galaxy, Going Going Gone! and Public Lands banners, as well as GameChanger. The results for the "Foot Locker Business" refer to our newly acquired operations, including the Foot Locker, Kids Foot Locker, Champs Sports, WSS and atmos banners. Foot Locker will not be included in quarterly comparable sales until the fourth quarter of fiscal 2026 and full year comparable sales in fiscal 2027.(B)Non-GAAP earnings per diluted share results exclude Foot Locker investment gains and acquisition-related costs, and an asset impairment charge. Earnings per diluted share results for the DICK'S Business exclude the dilutive effect of the 9.6 million shares issued as part of the Foot Locker acquisition. For additional information, see the section of this release titled "Non-GAAP Financial Measures" and GAAP to non-GAAP reconciliations included in tables later in this release under the heading "GAAP to Non-GAAP Reconciliations." Fourth Quarter Operating Results(in millions, except percentage and per share data)13 Weeks EndedChange (10)January 31,2026February 1,2025Consolidated GAAP






Net sales$6,226$3,894$2,33259.9 %Operating income (% of net sales) (1)
3.0 %
9.9 %
(698) bpsEffective tax rate
28.7 %
24.5 %
422 bpsNet income$128$300$(172)(57) %Weighted average diluted shares outstanding
91
83
810 %Earnings per diluted share$1.41$3.62$(2.21)(61) %







Consolidated Non-GAAP (2)






Operating income (% of net sales) (1)
7.0 %
10.1 %
(305) bpsEffective tax rate
26.8 %
24.5 %
227 bpsNet income $314$300$145 %Weighted average diluted shares outstanding
91
83
810 %Earnings per diluted share $3.45$3.62$(0.17)(5) %







Non-GAAP DICK'S Business (2)






Comparable sales (3)
3.1 %
6.6 %

Operating income (% of net sales) (1)
11.0 %
10.1 %
88 bpsEffective tax rate
25.0 %
24.5 %
54 bpsNet income $329$300$2910 %Weighted average diluted shares outstanding (4)
81
83
(2)(2) %Earnings per diluted share (4)$4.05$3.62$0.4312 %

Year-to-Date Operating Results (in millions, except percentage and per share data)52 Weeks EndedChange (10)January 31,2026February 1,2025Consolidated GAAP






Net sales$17,215$13,443$3,77228.1 %Operating income (% of net sales) (1)
6.4 %
11.0 %
(460) bpsEffective tax rate
25.6 %
23.3 %
235 bpsNet income$849$1,165$(316)(27) %Weighted average diluted shares outstanding
85
83
23 %Earnings per diluted share$9.97$14.05$(4.08)(29) %







Consolidated Non-GAAP (2)






Operating income (% of net sales) (1)
8.8 %
11.1 %
(233) bpsEffective tax rate
25.2 %
23.3 %
192 bpsNet income$1,124$1,165$(41)(4) %Weighted average diluted shares outstanding
85
83
23 %Earnings per diluted share$13.20$14.05$(0.85)(6) %







Non-GAAP DICK'S Business (2)






Comparable sales (3)
4.5 %
5.2 %

Operating income (% of net sales) (1)
11.1 %
11.1 %
(2) bpsEffective tax rate
24.1 %
23.3 %
85 bpsNet income$1,184$1,165$192 %Weighted average diluted shares outstanding (4)
81
83
(2)(2) %Earnings per diluted share (4)$14.58$14.05$0.534 %

Balance Sheet(in millions)As ofJanuary 31,2026As ofFebruary 1,2025$ Change (10)%Change (10)Cash and cash equivalents$1,353$1,690$(337)(20) %Inventories, net (5)$4,908$3,350$1,55847 %Long-term debt and financing lease obligations (6)$1,905$1,484$42128 %

Capital Allocation(in millions)52 Weeks Ended$Change (10)% Change (10)January 31,2026February 1,2025Share repurchases (7)$342$268$7428 %Dividends paid (8)$414$362$5214 %Gross capital expenditures$1,137$803$33542 %Net capital expenditures (2) (9)$976$726$24934 %Notes(1)Also referred to by management as operating margin.(2)For additional information, see the section of this release titled "Non-GAAP Financial Measures" and GAAP to non-GAAP reconciliations included in tables later in this release under the heading "GAAP to Non-GAAP Reconciliations." In the fiscal 2024 period, there were no non-GAAP adjustments to reported net income or earnings per diluted share.(3)Foot Locker will be included in the quarterly comparable store calculation beginning in the fourth quarter of fiscal 2026, which is when these stores will commence their 14th full month of operations following the date of acquisition. Additionally, beginning in fiscal 2025, we revised our method for calculating comparable sales to include Warehouse Sale stores beginning in the stores' 14th full month of operations, similar to our other store locations. Prior year information has been revised to reflect this change for comparability purposes. See additional details as furnished in Exhibit 99.2 of the Company's Current Report on Form 8-K, filed with the SEC on March 11, 2025.(4)Weighted average diluted shares outstanding and earnings per diluted share for the DICK'S Business excludes the dilutive effect of the 9.6 million shares issued as part of the Foot Locker acquisition.(5)Inventories, net as of January 31, 2026 includes $3.4 billion for the DICK'S Business and $1.5 billion for the Foot Locker Business. Inventory increased 1% for the DICK'S Business as compared to February 1, 2025.(6)Current year balance includes $384.5 million of carrying value for senior notes due 2029 and $35.6 million for the long-term portion of financing lease obligations acquired in connection with the Foot Locker acquisition. The Company had no outstanding borrowings under its revolving credit facility in 2025 and 2024.(7)During the 52 weeks ended January 31, 2026, the Company repurchased 1.6 million shares of its common stock under its previously announced share repurchase program at an average price of $216.01 per share, for a total cost of $342.1 million, and has $3.2 billion remaining under existing share repurchase authorizations as of January 31, 2026. The Company also paid $5 million during fiscal 2025 for shares repurchased during fiscal 2024.(8)The Company declared and paid quarterly dividends of $1.2125 per share in fiscal 2025 and $1.10 per share in fiscal 2024.(9)Net capital expenditures for the year ended January 31, 2026 totaled $892.0 million for the DICK'S Business and $83.5 million for the Foot Locker Business.(10)Column may not recalculate due to rounding.Quarterly Dividend On March 11, 2026, the Company's Board of Directors authorized and declared a quarterly dividend in the amount of $1.25 per share on the Company's common stock and Class B common stock. The dividend is payable in cash on April 10, 2026 to stockholders of record at the close of business on March 27, 2026. This dividend represents an increase of 3% over the Company's previous quarterly per share amount and is equivalent to an annualized dividend of $5.00 per share.Acquisition of Foot LockerOn September 8, 2025, the Company acquired all of the issued and outstanding shares of Foot Locker, Inc. ("Foot Locker"), a leading footwear and apparel retailer, pursuant to the definitive merger agreement executed on May 15, 2025. Total consideration exchanged for the acquisition was $2.5 billion, which primarily consisted of $2.1 billion in share consideration for the issuance of 9.6 million shares of DICK'S Sporting Goods common stock, $223.0 million in cash consideration and $111.6 million from the Company's pre-existing equity ownership in Foot Locker. The Company's current period results reflect Foot Locker's operations subsequent to the acquisition close date, other than proforma comparable sales as noted in the supplemental financial information tables below.As previously announced, the Company has initiated a review of unproductive assets which includes optimizing inventory, closing underperforming stores, and right-sizing assets that don't align with our go-forward vision for the Foot Locker Business. These actions, along with merger and integration costs and deferred financing amortization on a bridge facility, are expected to result in pre-tax charges of $500 to 750 million, of which $235.5 million and $390.0 million was recorded during the 13 and 52 weeks ended January 31, 2026, respectively.Full Year 2026 Outlook  The Company's Full Year Outlook for 2026 is presented below.Consolidated Outlook MetricConsolidated Full Year 2026 OutlookNet sales $22.1 billion to 22.4 billionOperating income $1.71 billion to 1.83 billion$1.68 billion to 1.81 billion on a non-GAAP basis (1) Earnings per diluted share $13.70 to 14.70Based on approximately 91 million diluted shares outstanding, which includes the dilutive impact of the 9.6 million shares issued in connection with the Foot Locker acquisitionBased on an effective tax rate of approximately 25.5%$13.50 to 14.50 on a non-GAAP basis (1)Capital expenditures Approximately $1.7 billion on a gross basisApproximately $1.5 billion on a net basis 

(1)Refer to the section of this release titled "Non-GAAP Financial Measures" and GAAP to non-GAAP reconciliations included in tables later in this release under the heading "GAAP to Non-GAAP Reconciliations."Segment OutlookThe Company is providing the following segment outlook for the DICK'S and Foot Locker Businesses to provide visibility into segment-level performance that is included in the consolidated outlook above. The information below does not include corporate and other expenses, which for fiscal 2026, include Foot Locker acquisition-related costs and litigation and other settlements.MetricFull Year 2026 OutlookDICK'S BusinessFoot Locker BusinessNet sales $14.5 billion to 14.7 billion  $7.6 billion to 7.7 billion Comparable sales (1) Positive 2.0% to positive 4.0%  Positive 1.0% to positive 3.0% (1) Segment profit (2) $1.58 billion to 1.66 billion  $100 million to 150 million Segment profit (2)(% of net sales) 11.0% to 11.2%  1.3% to 1.9% 

(1)Comparable sales outlook for the Foot Locker Business is on a proforma basis, as Foot Locker will be included in the quarterly comparable store calculation beginning in the fourth quarter of fiscal 2026, which is when these stores will commence their 14th full month of operations following the date of acquisition.(2)Segment profit represents operating income for a respective segment.  Corporate and other expenses, which represent costs not specifically related to the recurring operations of our segments, are not included in these results as they are not used by the Company to evaluate segment performance. DICK'S SPORTING GOODS, INC. AND SUBSIDIARIESSUPPLEMENTAL FINANCIAL INFORMATION - UNAUDITED(In thousands)
Information below includes operating results for the periods presented for the DICK'S and Foot Locker Businesses. The operating results for Foot Locker are included from the acquisition date of September 8, 2025.

13 Weeks Ended52 Weeks Ended
January 31,2026
February 1,2025
January 31,2026
February 1,2025Net sales






DICK'S Sporting Goods$    4,050,789
$    3,893,649
$   14,108,943
$  13,442,849Foot Locker2,175,265
—
3,106,177
—Total net sales$    6,226,054
$    3,893,649
$   17,215,120
$  13,442,849







Gross profit






DICK'S Sporting Goods$    1,443,369
$    1,361,258
$     5,126,299
$    4,825,696Foot Locker544,601
—
758,889
—Corporate and other expenses (1)(217,926)
—
(217,926)
—Total gross profit$    1,770,044
$    1,361,258
$     5,667,262
$    4,825,696







Segment profit (loss)






DICK'S Sporting Goods$       444,511
$       393,007
$     1,568,443
$    1,497,569Foot Locker(5,893)
—
(52,220)
—Reconciliation to income before income taxes






Corporate and other expenses (2)254,109
6,015
420,314
23,637Interest expense17,667
12,683
64,263
52,987Other income(13,185)
(22,963)
(110,327)
(98,088)Pre-tax income$       180,027
$       397,272
$     1,141,973
$    1,519,033









ProformaComparable Sales13 Weeks Ended
52 Weeks EndedJanuary 31,2026
February 1,2025
January 31,2026
February 1,2025DICK'S Sporting Goods3.1 %
6.6 %
4.5 %
5.2 %Proforma Foot Locker  (3) (4)(3.4) %
2.3 %
(3.3) %
1.3 %Proforma consolidated comparable sales  (3)0.8 %
5.0 %
1.6 %
3.8 %

(1)Corporate and other expenses within gross profit represent charges to write down and liquidate inventory from the Company's review of the Foot Locker Business.(2)Corporate and other expenses include Foot Locker acquisition-related costs, non-cash impairment charges and changes in the fair value of employee deferred compensation plan investments held in rabbi trusts.(3)The proforma comparable sales are calculated as if Foot Locker had been acquired at the beginning of the periods presented. The sales have been adjusted to conform to the Company's method of reporting comparable sales. Comparable sales for our international stores are calculated on a constant currency basis, which translates the current year's results using the prior year periods' exchange rates.(4)Includes Foot Locker International proforma comparable sales decreases of 3.2% and 8.1% for the 13 and 52 weeks ended January 31, 2026 and a decrease of 0.5% and increase of 1.6% for the 13 and 52 weeks ended February 1, 2025, which represents operations of the Foot Locker Business in Europe and Asia Pacific.Store Count and Square Footage As of January 31, 2026, the Company operated 3,195 store locations across the DICK'S and Foot Locker Businesses. The following tables summarize store activity for fiscal 2025:DICK'S BusinessBeginningStoresNewStoresClosedStoresRelocated /Converted (9)EndingStoresGross Square Footage (10) (11)(in millions)BeginningEndingDICK'S (1)677—(7)(26)64436.334.4DICK'S Field House (1)272—13421.62.4DICK'S House of Sport193—13352.23.8Total DICK'S7235(7)—72140.140.6Other Specialty Concepts






Golf Galaxy (2)1094——1132.42.5Going Going Gone! (3)5011(10)—512.22.3Public Lands3———30.10.1Total Other Specialty Concepts16215(10)—1674.84.9Total DICK'S Business88520(17)—88844.845.5
Foot Locker BusinessBeginningStores (4)NewStoresClosedStores (8)Relocated /Converted (8) (9)EndingStoresGross Square Footage (4) (11)(in millions)BeginningEndingFoot Locker North America7452(13)—7344.34.4Champs Sports376—(5)—3712.22.2Kids Foot Locker3653(6)—3621.31.3WSS151—(8)—1431.91.8North America (5)1,6375(32)—1,6109.79.7Foot Locker Europe (6)5854(16)—5732.32.3Foot Locker Asia Pacific95—(1)—940.40.4atmos30———30——International 7104(17)—6972.82.8Total Owned Stores2,3479(49)—2,30712.512.4Licensed stores (7)24616(8)—2541.11.1Total Foot Locker Business2,59325(57)—2,56113.613.5

(1)Beginning store count and square footage were updated to reflect one DICK'S Field House location that opened in fiscal 2024, which was previously reflected as a DICK'S store.(2)As of January 31, 2026, includes 33 Golf Galaxy Performance Centers, with nine new openings during fiscal 2025, five of which were conversions of prior Golf Galaxy store locations.(3)Beginning store count and square footage were updated to reflect Warehouse Sale locations as described in the Company's Current Report on Form 8-K, filed with the SEC on March 11, 2025. As of February 2, 2025, beginning amounts now include 29 Warehouse Sale locations and 1.3 million of related square footage.(4)Beginning stores and square footage reflect acquired Foot Locker stores as of September 8, 2025.(5)Represents store locations in the United States and Canada and related square footage.(6)Represents Foot Locker store locations in Europe, including three Kids Foot Locker stores and related square footage, as of January 31, 2026.(7)Reflects licensed stores operating in the Middle East, Asia and Europe.(8)Store closures for the Foot Locker Business during fiscal 2025 include seven WSS stores identified as part of the Company's review of unproductive assets. Additionally, the Foot Locker Business relocated 35 stores during the current year period consisting of 15 Foot Locker and 15 Kids Foot Locker store locations in North America and five international store locations.(9)Reflects stores converted between concept or prototype through store relocations or remodels as part of the Company's strategy to reposition its store portfolio. In addition to stores that converted between concepts, the Company relocated or remodeled eight stores for the DICK'S Business during the current year period, consisting of five Golf Galaxy and three Going Going Gone! store locations.(10)Includes square footage as of January 31, 2026 related to a Public Lands store closure as we plan to convert it into a DICK'S Field House store during early fiscal 2026.(11)Columns may not recalculate due to rounding.Non-GAAP Financial MeasuresIn addition to reporting the Company's financial results for the fourth quarter and full year 2025 in accordance with generally accepted accounting principles ("GAAP"), the Company also reports certain non-GAAP financial measures. These non-GAAP financial measures include non-GAAP gross margin, non-GAAP operating income, non-GAAP operating margin, non-GAAP net income, DICK'S Business non-GAAP basis results, including non-GAAP operating margin, non-GAAP net income, non-GAAP earnings per diluted share and weighted average diluted shares outstanding, non-GAAP earnings per diluted share and net capital expenditures. Management believes these non-GAAP financial measures provide investors with meaningful supplemental information to assist in evaluating the Company's ongoing operations and comparing results across reporting periods.Management further believes that excluding non-cash changes in the fair value of deferred compensation plan investments—which fluctuate with market performance and are offset within other income—enhances investors' understanding of underlying trends in selling, general and administrative expenses. The Company also uses these non-GAAP financial measures internally for budgeting, forecasting and assessing operating performance. These non-GAAP financial measures should be considered in addition to, and not as a substitute for, the Company's GAAP financial results. Because the methods used by the Company to calculate its non-GAAP measures may differ from those used by other companies, the non-GAAP measures presented herein may not be comparable to similarly titled measures of other companies. Reconciliations of the Company's non-GAAP financial measures to the most directly comparable GAAP measures are provided below and are available on the Company's website at investors.DICKS.com.Forward-Looking Statements Involving Known and Unknown Risks and UncertaintiesThis release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified as those that may predict, forecast, indicate or imply future results or performance and by forward-looking words such as "believe", "anticipate", "expect", "estimate", "predict", intend", "plan", "project", "goal", "will", "will be", "will continue", "will result", "could", "may", "might" or any variations of such words or other words with similar meanings. Any statements about the Company's plans, objectives, expectations, strategies, beliefs, or future performance or events constitute forward-looking statements. These statements are subject to known and unknown risks, uncertainties, assumptions, estimates, and other important factors that change over time, many of which may be beyond the Company's control. The Company's future performance and actual results may differ materially from those expressed or implied in such forward-looking statements. Forward-looking statements should not be relied upon as a prediction of actual results. Forward-looking statements include statements regarding, among other things, the Company's future performance, including 2026 outlook and guidance, continued comp growth, and improved gross margin, the benefits of the combination of DICK'S Sporting Goods and Foot Locker (the "Transaction"), including future financial and operating results and the combined company's plans, objectives, expectations, intentions, growth strategies and culture that are not historical facts.Factors that could cause actual results to differ materially from those expressed or implied in any forward-looking statements include, but are not limited to, macroeconomic conditions, including inflationary pressures and elevated interest rates, changes in consumer income and confidence, perception of global economic conditions, geopolitical conflicts and tensions, the threat or outbreak of further conflicts, war, terrorism or public unrest, wage and unemployment levels and public health concerns; intense competition in the sporting goods industry and in retail, including competition for talent and the level of competitive promotional activity and technological innovation; product cost and availability fluctuations due to a variety of factors; risks and costs inherent with international operations; our dependence on consumer discretionary spending and ability to predict or effectively react to changes in consumer demand, lifestyle changes or shopping patterns; risks associated with our vertical brand offerings, including brand strategy and marketing, improved space in-store, expanding product categories, product safety and labeling, product liability and recalls, and specialty concept stores; our ability to protect the reputation of our Company and our brands; short-term impacts of our strategic plans and initiatives, or such plans and initiatives not achieving the desired results within the anticipated time frame or at all; our ability to successfully grow our DICK'S House of Sport, DICK'S Field House and Golf Galaxy Performance Center stores and execute our overall real estate strategy for DICK'S and Foot Locker; unauthorized use or disclosure of sensitive or confidential athlete, teammate, vendor or Company information; disruptions, delays, downtime or other problems with our information systems, including our eCommerce platform and GameChanger, caused by high volumes, design or implementation deficiencies, or platform enhancements as well as associated disruptions to our operations; our ability to attract, train, engage and retain athletes and key teammates, to implement effective succession planning strategies, and to adequately respond to teammate organizing efforts; weather-related risks and seasonal influences resulting from the overall seasonality of certain categories of our business; our issuance of quarterly cash dividends and share repurchases pursuant to our share repurchase programs, if any; our ability to effectively control expenses, manage inventory levels and protect against inventory shrink; the ability of the Foot Locker business to expand its market share in international markets; the technology enablement required to support our omni-channel capabilities; our ability to meet market expectations and the historical and possible future impacts on the price of our common stock; the influence and control of the holders of our Class B common stock, whose interests may differ from those of our other stockholders; our charter's current anti-takeover provisions, which could prevent or delay a change in control of the Company; our dependence on key suppliers, distributors, and manufacturers to provide sufficient quantities of quality products in a timely fashion; risks and costs relating to changing global laws, rules, regulations, interpretations and other guidance affecting our business; product safety and labeling concerns; compliance and litigation risks for which we may not have sufficient insurance or other coverage; our ability to secure and protect our intellectual property and defend claims of intellectual property infringement, including with respect to our vertical brands; changes in applicable tax laws, regulations and treaties and their interpretation and application; the effects of the performance of professional sports teams within our core regions of operations and other factors relating to professional sports leagues and key athletes; the impact of evolving environmental, social and governance standards, regulatory requirements, stakeholder expectations and related political and social dynamics; risks related to the Transaction, including effective integration of the Foot Locker business, and other strategic alliances, acquisitions or investments; obligations and other provisions related to our indebtedness, including our senior notes due 2029, 2032 and 2052; and changes in the market value or liquidity of securities we hold and risks associated with our limited degree of control over certain strategic minority investments.  These factors are not necessarily all of the factors that could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by any of the forward-looking statements. Other factors, including unknown or unpredictable factors, also could harm our results.For additional information on these and other factors that could affect our actual results, see the risk factors set forth in our filings with the Securities and Exchange Commission (the "SEC"), including our most recent Annual Report on Form 10-K, filed with the SEC on March 27, 2025, and our Quarterly Report on Form 10-Q, filed with the SEC on June 9, 2025, as well as the risks described in our registration statement on Form S-4 and definitive proxy statement/prospectus relating to the Transaction. The Company disclaims and does not undertake any obligation to update or revise any forward-looking statement in this communication, except as required by applicable law or regulation. Forward-looking statements included in this communication are made as of the date of this communication.Conference Call Info The Company will host a conference call today at 10:00 a.m. Eastern Time to discuss the fourth quarter and full year results. Investors will have the opportunity to listen to the earnings conference call over the internet through the Company's website located at investors.DICKS.com. To listen to the live call, please go to the website at least fifteen minutes early to register, download, and install any necessary audio software. For those who cannot listen to the live webcast, it will be archived on the Company's website for approximately twelve months.About DICK'S Sporting Goods, Inc.DICK'S Sporting Goods creates confidence and excitement by inspiring, supporting and personally equipping all athletes to achieve their dreams. Founded in 1948 and headquartered in Pittsburgh, DICK'S is a leading omni-channel retailer and an iconic brand in sport and culture. Its banners include DICK'S Sporting Goods, Golf Galaxy, Public Lands and Going Going Gone! in addition to the experiential retail concepts DICK'S House of Sport and Golf Galaxy Performance Center. As owner and operator of the Foot Locker Business, including Foot Locker, Kids Foot Locker, Champs Sports, WSS and atmos, DICK'S serves the global sneaker community across North America, Europe, Asia and Australia, plus a licensed store presence in Europe, the Middle East and Asia. DICK'S also owns and operates GameChanger, a youth sports mobile platform for live streaming, scheduling, communications and scorekeeping.Driven by its belief that sports have the power to change lives, DICK'S has been a longtime champion for youth sports and, together with its Foundation, has donated millions of dollars to support under-resourced teams and athletes through the Sports Matter program and other community-based initiatives. Additional information about DICK'S business, corporate giving and employment opportunities can be found on dicks.com, investors.dicks.com, sportsmatter.org, dickssportinggoods.jobs and on Instagram, TikTok, Facebook and X.Contacts:Investor Relations:
Nate Gilch, Vice President of Investor Relations
DICK'S Sporting Goods, Inc.
investors @leeboMedia Relations:
(724) 273-5552 or press@dcsg.com
Category: EarningsDICK'S SPORTING GOODS, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF INCOME - UNAUDITED(In thousands, except per share data)


13 Weeks Ended

January 31,2026
% of Sales (1)
February 1,2025
% of Sales








Net sales
$       6,226,054
100.00 %
$       3,893,649
100.00 %Cost of goods sold, including occupancy and    distribution costs
4,456,010
71.57
2,532,391
65.04








GROSS PROFIT
1,770,044
28.43
1,361,258
34.96








Selling, general and administrative expenses
1,555,298
24.98
963,580
24.75Merger and integration costs
17,614
0.28
—
—Pre-opening expenses
12,623
0.20
10,686
0.27








OPERATING INCOME
184,509
2.96
386,992
9.94








Interest expense
17,667
0.28
12,683
0.33Other (income) expense
(13,185)
(0.21)
(22,963)
(0.59)








PRE-TAX INCOME
180,027
2.89
397,272
10.20








Provision for income taxes
51,690
0.83
97,303
2.50








NET INCOME
$          128,337
2.06 %
$          299,969
7.70 %








EARNINGS PER COMMON SHARE:







Basic
$                1.44


$                3.73

Diluted
$                1.41


$                3.62










WEIGHTED AVERAGE COMMON SHARES    OUTSTANDING:







Basic
88,981


80,453

Diluted
90,944


82,779










(1) Column does not add due to rounding DICK'S SPORTING GOODS, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF INCOME - UNAUDITED(In thousands, except per share data)


52 Weeks Ended

January 31,2026
% of Sales (1)
February 1,2025
% of Sales








Net sales
$       17,215,120
100.00 %
$      13,442,849
100.00 %Cost of goods sold, including occupancy and    distribution costs
11,547,858
67.08
8,617,153
64.10








GROSS PROFIT
5,667,262
32.92
4,825,696
35.90








Selling, general and administrative expenses
4,338,162
25.20
3,294,272
24.51Merger and integration costs
164,191
0.95
—
—Pre-opening expenses
69,000
0.40
57,492
0.43








OPERATING INCOME
1,095,909
6.37
1,473,932
10.96








Interest expense
64,263
0.37
52,987
0.39Other (income) expense
(110,327)
(0.64)
(98,088)
(0.73)








PRE-TAX INCOME
1,141,973
6.63
1,519,033
11.30








Provision for income taxes
292,734
1.70
353,725
2.63








NET INCOME
$            849,239
4.93 %
$        1,165,308
8.67 %








EARNINGS PER COMMON SHARE:







Basic
$                10.22


$               14.48

Diluted
$                  9.97


$               14.05










WEIGHTED AVERAGE COMMON SHARES    OUTSTANDING:







Basic
83,135


80,468

Diluted
85,144


82,929










(1) Column does not add due to rounding DICK'S SPORTING GOODS, INC. AND SUBSIDIARIESCONSOLIDATED BALANCE SHEETS - UNAUDITED(In thousands)


January 31,2026
February 1,2025ASSETS



CURRENT ASSETS:



Cash and cash equivalents
$         1,353,226
$         1,689,940Accounts receivable, net
475,852
214,250Income taxes receivable
68,455
4,920Inventories, net
4,907,823
3,349,830Prepaid expenses and other current assets
299,435
158,767Total current assets
7,104,791
5,417,707Property and equipment, net
3,512,776
2,069,914Operating lease assets
4,594,670
2,367,317Intangible assets, net
768,575
58,598Goodwill
864,047
245,857Deferred income taxes
82,501
52,684Other assets
484,139
246,617TOTAL ASSETS
$       17,411,499
$       10,458,694




LIABILITIES AND STOCKHOLDERS' EQUITY



CURRENT LIABILITIES:



Accounts payable
$         1,986,990
$         1,497,743Accrued expenses
1,115,306
653,324Operating lease liabilities
1,004,909
503,236Income taxes payable
7,533
30,718Deferred revenue and other liabilities
528,820
395,041Total current liabilities
4,643,558
3,080,062LONG-TERM LIABILITIES:



Revolving credit borrowings
—
—Long-term debt and financing lease obligations
1,905,299
1,484,217Long-term operating lease liabilities
4,836,435
2,500,307Deferred income taxes
203,920
—Other long-term liabilities
282,167
195,844Total long-term liabilities
7,227,821
4,180,368COMMITMENTS AND CONTINGENCIES



STOCKHOLDERS' EQUITY:



Common stock
653
567Class B common stock
236
236Additional paid-in capital
3,724,836
1,495,329Retained earnings
6,827,900
6,392,513Accumulated other comprehensive income (loss)
17,813
(755)Treasury stock, at cost
(5,031,318)
(4,689,626)Total stockholders' equity
5,540,120
3,198,264TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
$       17,411,499
$       10,458,694 DICK'S SPORTING GOODS, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED(In thousands)


Fiscal Year Ended

January 31,2026
February 1,2025CASH FLOWS FROM OPERATING ACTIVITIES:



Net income
$         849,239
$      1,165,308Adjustments to reconcile net income to net cash provided by operating    activities:



Depreciation and amortization
488,630
400,409Amortization of deferred financing fees and debt discount
11,709
2,333Deferred income taxes
99,816
(14,838)Stock-based compensation
123,667
71,001Other, net
(24,930)
(6,565)Changes in assets and liabilities:



Accounts receivable
(17,957)
(11,865)Inventories
181,316
(501,033)Prepaid expenses and other assets
(70,724)
(57,159)Accounts payable
(122,001)
185,883Accrued expenses
(90,018)
58,941Income taxes payable / receivable
(11,626)
(26,155)Construction allowances provided by landlords
161,659
76,287Deferred revenue and other liabilities
39,976
41,536Operating lease assets and liabilities
(81,413)
(72,248)Net cash provided by operating activities
1,537,343
1,311,835CASH FLOWS FROM INVESTING ACTIVITIES:



Capital expenditures
(1,137,176)
(802,565)Cash acquired from acquisition of Foot Locker, net of cash paid
257,095
—Proceeds from sale of other assets
—
11,872Other investing activities
(174,408)
(5,865)Net cash used in investing activities
(1,054,489)
(796,558)CASH FLOWS FROM FINANCING ACTIVITIES:



Payment of bridge facility financing fees
(7,863)
—Payments on finance lease obligations
(1,142)
—Transaction costs for debt issuance
(1,000)
—Proceeds from exercise of stock options
1,514
18,000Minimum tax withholding requirements
(68,815)
(42,515)Cash paid for treasury stock
(347,132)
(263,021)Cash dividends paid to stockholders
(413,853)
(361,727)Increase in bank overdraft
16,985
23,132Net cash used in financing activities
(821,306)
(626,131)EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS
1,738
(426)NET DECREASE IN CASH AND CASH EQUIVALENTS
(336,714)
(111,280)CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD
1,689,940
1,801,220CASH AND CASH EQUIVALENTS, END OF PERIOD
$      1,353,226
$      1,689,940 DICK'S SPORTING GOODS, INC.GAAP to NON-GAAP RECONCILIATIONS - UNAUDITED
Non-GAAP Net Income and Earnings Per Share Reconciliations(dollars in thousands, except per share amounts)

13 Weeks Ended January 31, 2026









GrossprofitSelling,general andadministrativeexpensesOperatingincome InterestexpenseOther(income)expense Pre-taxincomeNetincome (6)EarningsperdilutedshareGAAP Basis$ 1,770,044$     1,555,298$     184,509$  17,667$ (13,185)$ 180,027$  128,337$     1.41% of Net Sales28.43 %24.98 %2.96 %0.28 %(0.21) %2.89 %2.06 %
Foot Locker acquisition-   related costs (1)217,926—235,541——235,541175,914
Asset impairment charge (2)—(13,375)13,375——13,3759,898
Deferred compensation    plan adjustments (3)—(5,193)5,193—5,193——
Non-GAAP Basis$ 1,987,970$     1,536,730$     438,618$  17,667$   (7,992)$ 428,943$  314,149$     3.45% of Net Sales31.93 %24.68 %7.04 %0.28 %(0.13) %6.89 %5.05 %
Contribution from Foot    Locker acquisition (4)(544,601)(549,476)5,893(5,798)1,62910,06214,953
Non-GAAP basis for DICK'S    Business (5)$ 1,443,369$        987,254$     444,511$  11,869$   (6,363)$ 439,005$  329,102$     4.05% of Net Sales for DICK'S    Business35.63 %24.37 %10.97 %0.29 %(0.16) %10.84 %8.12 %


(1)Foot Locker acquisition-related charges of $235.5 million includes $217.9 million to write down and liquidate inventory from the Company's review of the Foot Locker Business and $17.6 million of merger and integration costs.(2)Represents non-cash asset write-down following the abandonment of a technology service contract.(3)Includes non-cash changes in fair value of employee deferred compensation plan investments held in rabbi trusts.(4)Reflects the operating results from Foot Locker subsequent to the acquisition close date.(5)Reflects the results of the DICK'S Business, excluding the dilutive effect of 9.6 million shares issued in connection with the Foot Locker acquisition on weighted average diluted shares outstanding.(6)Except for approximately $0.8 million of non-deductible merger and integration costs, the provision for income taxes for non-GAAP adjustments was tax effected at the statutory rate of the applicable tax jurisdiction, which approximates 25%.


52 Weeks Ended January 31, 2026









GrossprofitSelling,general andadministrativeexpensesOperatingincomeInterestexpenseOther(income)expense Pre-taxincomeNetIncome (7)EarningsperdilutedshareGAAP Basis$ 5,667,262$     4,338,162$    1,095,909$ 64,263$           (110,327)$ 1,141,973$ 849,239$      9.97% of Net Sales32.92 %25.20 %6.37 %0.37 %(0.64) %6.63 %4.93 %
Foot Locker acquisition-   related costs (1)217,926—382,118(7,863)—389,981307,315
Asset impairment charge (2)—(13,375)13,375——13,3759,898
Investment gains (3)————42,241(42,241)(42,241)
Deferred compensation    plan adjustments (4)—(24,821)24,821—24,821——
Non-GAAP Basis$ 5,885,188$     4,299,966$    1,516,223$ 56,400$             (43,265)$ 1,503,088$ 1,124,211$    13.20% of Net Sales34.19 %24.98 %8.81 %0.33 %(0.25) %8.73 %6.53 %
Contribution from Foot    Locker acquisition (5)(758,889)(809,395)52,220(9,225)3,60657,83960,003
Non-GAAP basis for DICK'S    Business (6)$ 5,126,299$     3,490,571$    1,568,443$  47,175$             (39,659)$ 1,560,927$ 1,184,214$    14.58% of Net Sales for DICK'S    Business36.33 %24.74 %11.12 %0.33 %(0.28) %11.06 %8.39 %


(1)Foot Locker acquisition-related charges of $390.0 million includes $217.9 million to write down and liquidate inventory, merger and integration costs of $164.2 million, which includes legal and regulatory fees, other professional services and other costs related to the Foot Locker acquisition, and $7.9 million of deferred financing amortization on a bridge facility.(2)Represents non-cash asset write-down following the abandonment of a technology service contract.(3)Includes non-cash gains from non-operating investment in Foot Locker equity securities.(4)Includes non-cash changes in fair value of employee deferred compensation plan investments held in rabbi trusts.(5)Reflects the operating results from Foot Locker subsequent to the acquisition close date.(6)Reflects the results of the DICK'S Business, excluding the dilutive effect of 9.6 million shares issued in connection with the Foot Locker acquisition on weighted average diluted shares outstanding.(7)Except for approximately $65.1 million of non-deductible merger and integration costs and a $10.8 million favorable tax impact from the gains on the Company's pre-existing Foot Locker investment that are not taxable following completion of the acquisition, the provision for income taxes for non-GAAP adjustments was tax effected at the statutory rate of the applicable tax jurisdiction, which approximates 25%.


13 Weeks Ended February 1, 2025







Selling, generalandadministrativeexpensesOperatingincomeOther(income)expensePre-taxincomeNet incomeEarningsper dilutedshareGAAP Basis$          963,580$    386,992$  (22,963)$  397,272$   299,969$         3.62% of Net Sales24.75 %9.94 %(0.59) %10.20 %7.70 %
Deferred compensation    plan adjustments (1)(6,015)6,0156,015——
Non-GAAP Basis$          957,565$    393,007$  (16,948)$  397,272$   299,969$         3.62% of Net Sales24.59 %10.09 %(0.44) %10.20 %7.70 %

(1)   Included non-cash changes in fair value of employee deferred compensation plan investments held in rabbi trusts.

52 Weeks Ended February 1, 2025







Selling, generalandadministrativeexpensesOperatingincome Other(income)expensePre-taxincomeNet incomeEarningsper dilutedshareGAAP Basis$       3,294,272$   1,473,932$  (98,088)$ 1,519,033$ 1,165,308$       14.05% of Net Sales24.51 %10.96 %(0.73) %11.30 %8.67 %
Deferred compensation    plan adjustments (1)(23,637)23,63723,637——
Non-GAAP Basis$       3,270,635$   1,497,569$  (74,451)$ 1,519,033$ 1,165,308$       14.05% of Net Sales24.33 %11.14 %(0.55) %11.30 %8.67 %

(1)   Included non-cash changes in fair value of employee deferred compensation plan investments held in rabbi trusts.
Gross Capital Expenditures to Net Capital Expenditures Reconciliation(in thousands) 
The following table represents a reconciliation of the Company's gross capital expenditures to its capital expenditures, net of construction allowances.


Fiscal Year Ended

January 31,2026
February 1,2025Gross capital expenditures
$                   (1,137,176)
$                   (802,565)Construction allowances provided by landlords
161,659
76,287Net capital expenditures
$                      (975,517)
$                   (726,278)
Reconciliation of Non-GAAP Operating Income and Earnings Per Diluted Share Guidance(dollars in millions, except per share amounts)

52 Weeks Ended January 30, 2027
Low End
High End
OperatingincomeEarnings perdiluted share (3)
OperatingincomeEarnings perdiluted share (3)GAAP Basis$              1,710$                13.70
$       1,833$                14.70Foot Locker acquisition-related costs (1)1501.24
1501.24Litigation and other settlements (2)(175)(1.43)
(175)(1.43)Non-GAAP Basis$              1,685$                13.50
$       1,808$                14.50

(1)Adjustment eliminates the impact of future Foot Locker acquisition-related charges. Refer to "Acquisition of Foot Locker" section above for additional information.(2)Represents income received as a result of settlement on credit card interchange fees and from a landlord for early lease termination of a store location.(3)Column does not add due to rounding. 










View original content to download multimedia:https://www.prnewswire.com/news-releases/dicks-sporting-goods-inc-reports-fourth-quarter-and-full-year-2025-results-delivers-record-setting-fourth-quarter-sales-for-the-dicks-business-302711671.htmlSOURCE DICK'S Sporting Goods, Inc.

Original: DICK'S Sporting Goods, Inc. Reports Fourth Quarter and Full Year 2025 Results; Delivers Record-Setting Fourth Quarter Sales for the DICK'S Business

DICK'S Sporting Goods, Inc. Fourth Quarter Results Call Scheduled for March 12thFebruary 6, 2026 8:00 AM
PR Newswire (US)

PITTSBURGH, Feb. 6, 2026 /PRNewswire/ -- DICK'S Sporting Goods, Inc. (NYSE: DKS) will announce results for the fourth quarter and full year 2025 before the market opens on Thursday, March 12th.     







A conference call to discuss the results will be held that day at 10:00 a.m. Eastern Time. The call is being webcast and can be accessed at DICK'S Sporting Goods' Investor Relations website at investors.dicks.com. To listen to the live call, please go to the website at least fifteen minutes early to register and download and install any necessary audio software. A playback of the call will be archived on the Company's website for approximately twelve months.About DICK'S Sporting Goods, Inc.
DICK'S Sporting Goods creates confidence and excitement by inspiring, supporting and personally equipping all athletes to achieve their dreams. Founded in 1948 and headquartered in Pittsburgh, DICK'S is a leading omni-channel retailer and an iconic brand in sport and culture. Its banners include DICK'S Sporting Goods, Golf Galaxy, Public Lands and Going Going Gone! in addition to the experiential retail concepts DICK'S House of Sport and Golf Galaxy Performance Center. As owner and operator of the Foot Locker Business, including Foot Locker, Kids Foot Locker, Champs Sports, WSS and atmos, DICK'S serves the global sneaker community across North America, Europe, Asia and Australia, plus a licensed store presence in Europe, the Middle East and Asia. DICK'S also owns and operates GameChanger, a youth sports mobile platform for live streaming, scheduling, communications and scorekeeping. Driven by its belief that sports have the power to change lives, DICK'S has been a longtime champion for youth sports and, together with its Foundation, has donated millions of dollars to support under-resourced teams and athletes through the Sports Matter program and other community-based initiatives. Additional information about DICK'S business, corporate giving and employment opportunities can be found on dicks.com, investors.dicks.com, sportsmatter.org, dickssportinggoods.jobs and on Instagram, TikTok, Facebook and X.Contacts:
Investor Relations:
Nate Gilch, Vice President of Investor Relations
DICK'S Sporting Goods, Inc.
(724) 273-3400 or investors @pastor1 or press@dcsg.comCategory: Financial



View original content to download multimedia:https://www.prnewswire.com/news-releases/dicks-sporting-goods-inc-fourth-quarter-results-call-scheduled-for-march-12th-302680554.htmlSOURCE DICK'S Sporting Goods, Inc.

Original: DICK'S Sporting Goods, Inc. Fourth Quarter Results Call Scheduled for March 12th

Maxfli Extends Golf Ball Partnership with Three-Time PGA TOUR Winner Ben Griffin Through 2028February 4, 2026 8:58 AM
PR Newswire (US)

Griffin to debut Maxfli's newest Tour Series model at WM Phoenix OpenPITTSBURGH, Feb. 4, 2026 /PRNewswire/ -- Today, Maxfli, a leading golf brand with a century-long legacy of performance and innovation, announced the extension of its partnership with PGA TOUR champion Ben Griffin through 2028. The three-year agreement continues a successful partnership that Maxfli and Griffin started in 2024. With this renewal, Griffin, who is currently ranked 9th in the Official World Golf rankings, will continue to serve as Maxfli's brand ambassador and exclusively play the Maxfli Tour X ball. Griffin will also have Maxfli logo placements on the sides of his hat and golf bag.







This weekend, during the WM Phoenix Open, Griffin will debut Maxfli's newest Tour X-LS ball, becoming the first to play the ball in a PGA TOUR event. The ball, which is a lower-spin evolution of the Maxfli Tour X with a redesigned core and mantle layers, will be available for purchase in limited quantities at DICK'S Sporting Goods and Golf Galaxy this summer.Griffin's rise on the PGA TOUR has been remarkable, advancing from 92nd into the top 10 since joining team Maxfli in 2024. In 2025, Griffin secured three PGA TOUR victories and delivered standout performances in marquee events such as the 2025 U.S. Open, earned a coveted spot as a captain's pick on the 2025 U.S. Ryder Cup team and was nominated for the 2025 Jack Nicklaus (Player of the Year) award."Maxfli has been with me through some of the most pivotal moments of my career," said Griffin. "Their commitment to performance and quality gives me the confidence to perform at the highest level every week.""Ben's journey is nothing short of inspiring," said Aimee Watters, Vice President of Brand - Vertical Brands at DICK'S Sporting Goods. "His resilience and drive perfectly reflect the values we champion at Maxfli. We're proud to have him represent our brand and continue this partnership as he reaches new heights in his career."Maxfli is bringing that story to life with a new brand campaign, Say Less, that spotlights Griffin's journey back to professional golf and his alignment with Maxfli's values of performance and perseverance. The campaign celebrates his evolution and success since rejoining the PGA TOUR and partnering with Maxfli, reflecting the brand's own resurgence in the golf industry. The ad spot featuring Griffin and created in partnership with Arnold, will first air on Golf Channel during the WM Phoenix Open and run across a comprehensive media mix that includes broadcast, social, streaming and more.The Maxfli Tour Series, comprised of the Maxfli Tour, Maxfli Tour X and Maxfli Tour S, offers a core for faster ball speeds across all shots, increasing overall distance. Priced at $39.99 per dozen, the Maxfli Tour Series is an ideal choice for golf enthusiasts seeking tour-level performance without the premium price tag. In Spring 2025, Maxfli reentered the club category for the first time in decades, introducing the forged Maxfli XC2 Irons and Maxfli XC3 Irons, marking a major milestone in the brand's commitment to product innovation. Building on that momentum, Maxfli will expand its club lineup even further in 2026, continuing to deliver modern performance technologies for golfers at every stage of their game. Maxfli is available exclusively at DICK'S Sporting Goods, Golf Galaxy, and select pro shops.About Maxfli
For over 100 years, the Maxfli brand has had a prominent presence in golf's culture, designing and producing tour quality equipment that delivers performance to the golf enthusiast. Played by top professionals, Maxfli is widely recognized as a golf brand resonating with players who are passionate about technology, performance and improving their game. Additional information about Maxfli can be found on dicks.com and golfgalaxy.com.Media Contacts
DICK'S Sporting Goods – press@dcsg.comCategory: Company










View original content to download multimedia:https://www.prnewswire.com/news-releases/maxfli-extends-golf-ball-partnership-with-three-time-pga-tour-winner-ben-griffin-through-2028-302678111.htmlSOURCE DICK'S Sporting Goods, Inc.

Original: Maxfli Extends Golf Ball Partnership with Three-Time PGA TOUR Winner Ben Griffin Through 2028

DKS reports May 28

DKS, new 52 week low

DKS new 52 week high

DKS new 52=week high

NOTICE: GRABAR LAW OFFICE INVESTIGATES CLAIMS ON BEHALF OF LONG-TERM SHAREHOLDERS OF DICK’S SPORTING GOODS, INC. (NYSE: DKS)

Current Dick’s Sporting Goods, Inc. (NYSE: DKS) shareholders who have held Dick’s shares since on before May 25, 2022, can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to them whatsoever. Click here https://grabarlaw.com/the-latest/dicks-shareholder-investigation/ to learn more or join.

Grabar Law Office is investigating claims on behalf of long-term Dick’s shareholders. The investigation concerns whether certain officers and directors of Dick’s have breached the fiduciary duties they owed to the company.
Why? A recently filed securities fraud class action complaint alleges that Dick’s Sporting Goods, Inc., (NYSE: DKS) through certain of its officers and directors, made false and/or misleading statements and/or failed to disclose that: (i) demand for products in Dick’s Outdoor segment was slowing faster than Defendants represented, resulting in excess inventory; (ii) the “structural changes” that Defendants repeatedly touted, including differentiated products, improved pricing technology, and more efficient clearance channels, did not allow the Company to manage its excess inventory without hurting the Company’s profitability; (iii) the need to liquidate excess inventory, including in the Outdoor segment, would have a materially negative effect on the Company’s profitability; and (iv) as a result of (i)-(iii) above, Defendants’ statements about Dick’s business condition and prospects were materially false and misleading when made.

What you can do now: Current Dick’s shareholders who have held Dick’s shares since prior to May 25, 2022, can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to them whatsoever. If you would like to learn more about this matter, you are encouraged to visit https://grabarlaw.com/the-latest/dicks-shareholder-investigation/, or contact Joshua H. Grabar at jgrabar @FH-6085.

Bought puts today

DKS new 52 week high

DKS new 52 week high

DKS new 52 week high

DKS new 52 week high

DKS another bullish win.

Great move

mb

DICKS GOING LIMP!!!! $111.79 -35.25 (-24.0%)

MASSIVE EARNINGS MISS!!!!!!!!!!

RETAIL THEFT IS KILLING PROFITS!!!!!!!!!

Burning cash...have to layoff people soon and the stock is over priced plus their inventory is boring.

Quarterly represents all stock sales for profit. Scam!

Scam stock reports quarterly based on stock sales! Run

https://ih.advfn.com/stock-market/NYSE/dicks-sporting-goods-DKS/stock-news/88209318/dicks-sporting-goods-reports-first-quarter-results

The Analysts love Dick’s Sporting goods…..we’re just in limbo waiting for the Professional Hedge shorties to cover their butts, and then up we go, imho.

$$ DKS $$

Dick’s Sporting Goods Admits Decision to Abandon Gun Sales Cost Shareholders $250M in Revenue
By John Boch -January 13, 2022

https://www.thetruthaboutguns.com/dicks-sporting-goods-admits-decision-to-abandon-gun-sales-cost-shareholders-250m-in-revenue/

Went yesterday and bought a Ping Valor 400g putter, beauty. Store was absolutely insane, lines long.

Just reported blowout earnings and targets raised. Buying at $60 with $80-$90 target Q1 2021.

Breaking News: $DKS Dick's Sporting Goods Inc (DKS) Q2 2020 Earnings Call Transcript

Image source: The Motley Fool. Dick's Sporting Goods Inc   (NYSE: DKS) Q2 2020 Earnings Call Aug 26, 2020 , 10:00 a.m. ET Operator Continue reading

Got this from DKS - Dick's Sporting Goods Inc (DKS) Q2 2020 Earnings Call Transcript

Breaking News: $DKS Here's Why Dick's Sporting Goods Stock Is Going Up Today

Shares of Dick's Sporting Goods (NYSE: DKS) were going up on Wednesday after the company reported results for the second quarter of its fiscal 2021. The company beat analyst expectations on the top and bottom lines, and investors loved it. As of 12 p.m. EDT, the stock was trading 15% hi...

Find out more DKS - Here's Why Dick's Sporting Goods Stock Is Going Up Today

BREAKING NEWS: $DKS Dick's Sporting Goods Hits a Home Run as Comps Soar 20%

Dick's Sporting Goods (NYSE: DKS) touched all the bases in the second quarter, reporting record sales and earnings as consumers increasingly participated in a growing number of outdoor activities during the pandemic. The sporting goods retailer said it reopened all of its stores during th...

In case you are interested DKS - Dick's Sporting Goods Hits a Home Run as Comps Soar 20%

Just In: $DKS DICK'S Sporting Goods Reports Record Quarterly Sales and Earnings in Second Quarter 2020; Delivers 20.7% Increase in Same Store Sales

PITTSBURGH , Aug. 26, 2020 /PRNewswire/ -- DICK'S Sporting Goods, Inc. (NYSE: DKS), the largest U.S. based full-line omni-channel sporting goods retailer, today reported sales and earnings results for the second quarter ended August 1, 2020. Second Quarter Resul...

Find out more DKS - DICK'S Sporting Goods Reports Record Quarterly Sales and Earnings in Second Quarter 2020; Delivers 20.7% Increase in Same Store Sales

NEWS: $DKS 3 Stocks to Watch This Week

Once again, we have a week of earnings reports filled with retail names. And it's a week in which we see the earnings damage that the pandemic had on brick-and-mortar. Three big names to watch this week are Best Buy (NYSE: BBY) , Dick's Sporting Goods (NYSE: DKS) , and Dollar General (N...

In case you are interested DKS - 3 Stocks to Watch This Week

Break that resistance and let’s go....or 33.40 support

Bye bye to Field and stream stores, maybe the golf sales will make up for the profit losses.

Guns being pulled from the stores, and they conformed hunting equipment being pulled from stores, what part did the people miss? This stock will drop more.

This teaches u to not listen to people on ihub lol. Just click the one year chart here lol

Too late...Gonna get worse.

Gun companies are pulling product from Dicks and Field and stream stores. This stock is gonna go down. It needs a new Ceo.

They will be worse in the future IMO.

Anyone have any insight on the rally for DKS? Earnings weren't the worst I've seen but they weren't good either...

The Ceo cares more about making political points than he does profit. Why would a Ceo want to lose money, alienating your customers is not good for shareholders.

Thanks for the great PM’s from the members who followed me on this trade and made money! I’ve been correct on my last 3 earnings plays. Stay tuned :)

Shorting this before close prior to earnings release tomorrow morning. :)

Heading back to a 5 dollar stock after Dicks commits corporate suicide joining liberal gun control BS.

Dicks caves to liberal BS Sell Fast! This will tank hard.

NRA supporters have now boycotted this panty waist liberal chain. Half of the current customers of Dicks will never return.

Dicks upper management needs an overhaul.

http://www.uppermichiganssource.com/content/news/Dicks-to-stop-selling-assault-style-rifles-in-its-stores-475393243.html

NEW YORK (AP) - Dick's Sporting Goods will immediately end sales of assault-style rifles in its stores and won't sell guns to anyone under 21 years old following the school massacre in Parkland, Florida.

Dick's Chairman and CEO Edward Stack said on "Good Morning America" Wednesday that after the shooting the company "felt it needed to do something."

Stack says that the gunman, Nickolas Cruz, had purchased a gun at a Dick's store, but not the one used at the school shooting, even though all existing rules were followed. Stack says that the system that's in place won't stop sales to dangerous people and said lawmakers must do something.

Stack said Dick's is prepared for any potential backlash, but will not change its policies on gun sales.

$62.00 to 20's. I am seeing more and more companies hitting 52 Week Lows lately yet the Market is record levels. Something doesn't seem right at all.

All cause the U.S. missed the World Cup?

https://seekingalpha.com/article/4099292-low-will-dicks-sporting-goods-go