Companies /Consumer Cyclical

Dicks Sporting Goods Inc

NYSE: DKS Specialty Retail
$139.15
▼ $0.62 (−0.44%) today
Markets closed · 2:40pm ET

Q4 2025 Earnings

Reported Mar 11, 2025, 7:02am ET · SEC source
$3.62
Beat +3.05%
EPS · est. $3.51
$3.9B
Beat +3.26%
Revenue · est. $3.8B
+1.1%
Beating market
DKS vs S&P since report
1 quarter
Consecutive EPS misses

Market Reaction

% change · around the report
−3%0+3%+6%Mar 11Mar 12report 7:02am ETearnings−0.3%−2.1%
−3%0+3%+6%Mar 11Mar 12earnings−0.3%−2.1%
DKS −2.1%S&P 500 −0.3%
−3%0+3%+6%Mar 11Mar 12report 7:02am ETearnings+0.9%−2.1%
−3%0+3%+6%Mar 11Mar 12earnings+0.9%−2.1%
DKS −2.1%NASDAQ +0.9%
−8%−4%0+4%Mar 10Mar 19report 7:02am ETearnings−0.4%−3.7%
−8%−4%0+4%Mar 10Mar 19earnings−0.4%−3.7%
DKS −3.7%S&P 500 −0.4%
−8%−4%0+4%Mar 10Mar 19report 7:02am ETearnings−0.2%−3.7%
−8%−4%0+4%Mar 10Mar 19earnings−0.2%−3.7%
DKS −3.7%NASDAQ −0.2%
−5.71%
Day of report
−1.91%
Next session
−2.87%
One week
−4.50%
30 days

S&P 500 over the same 30 days: −5.64%.

Did DKS Beat Earnings? Q4 2025 Results

Dick's Sporting Goods closed out fiscal 2024 on a high note, delivering a record Q4 that beat expectations on both the top and bottom lines as 6.4% comparable sales growth, fueled by gains in both average ticket and transaction volume, powered the company's largest sales quarter in its history. The retailer posted earnings of $3.62 per diluted share against a consensus estimate of $3.51, a 3.05% beat, while revenue of $3.89 billion topped forecasts by 3.35%, even as net sales grew just 0.5% year over year against a tough prior-period comparison that included a 53rd calendar week. For the full fiscal year, GAAP EPS climbed 15% to $14.05 and gross margin expanded 98 basis points to 35.90%, reflecting the company's improving merchandise mix and operational discipline. The strong results were tempered, however, by a cautious fiscal 2025 outlook, with management guiding EPS of $13.80 to $14.40 on net sales of $13.60 billion to $13.90 billion, citing tariff uncertainties and a dynamic macroeconomic environment as key variables in its conservative stance.

Key Takeaways
  • 6.4% Q4 comparable sales growth, the largest sales quarter in company history
  • Comparable sales growth driven by increases in both average ticket and transactions
  • Gross margin expansion of 54 basis points in Q4 to 34.96% from 34.42%
  • Full year gross margin expansion to 35.90% from 34.92%
  • Full year EBT margin expansion of 115 basis points to 11.3%
  • Significant market share gains during fiscal 2024
  • Strong growth in footwear category

“Our fourth quarter was an exceptionally strong finish to another great year. With a 6.4% Q4 comp we delivered the largest sales quarter in Company history. For the full year, our comps increased 5.2%, we drove meaningful EBT margin expansion, and we gained significant market share. I'd like to thank all our teammates for their hard work and unwavering dedication to our business — at DICK'S, it's our people who make us great, and this strong performance is a direct result of their efforts.”

Dick's Sporting Goods CEO, on the earnings call

Forward Guidance & Outlook

For fiscal 2025, DICK'S expects earnings per diluted share of $13.80 to $14.40 based on approximately 82 million diluted shares outstanding and an effective tax rate of approximately 24%. Net sales are projected at $13.6 billion to $13.9 billion with comparable sales growth of 1.0% to 3.0%. Capital expenditures are expected to be approximately $1.2 billion on a gross basis and approximately $1.0 billion on a net basis. The company plans to open approximately 16 additional House of Sport locations and approximately 18 additional DICK'S Field House locations. Management expects to drive continued comp growth, strategic expansion of square footage, and improved gross margin while acknowledging the dynamic macroeconomic environment.

DKS YoY Financials

Q4 2025 vs Q4 2024 · SEC filings Q4 2024 Q4 2025
$0$2.0B$4.0B$3.9B$3.9BRevenue$1.3B$1.4BGross Profit$372.0M$387.0MOperating Income$296.4M$300.0MNet Income
$0$2.0B$4.0BRevenueGross ProfitOperating IncomeNet Income

DKS Revenue by Segment

DICK'S Sporting Goods
Foot Locker

Figures from SEC filings and company reports. Not investment advice.