Companies /Consumer Cyclical

Dicks Sporting Goods Inc

NYSE: DKS Specialty Retail
$139.15
▼ $0.62 (−0.44%) today
Markets closed · 2:39pm ET

Q2 2026 Earnings

Reported Aug 28, 2025, 7:02am ET · SEC source
$4.38
Beat +1.89%
EPS · est. $4.30
$3.6B
Beat +1.02%
Revenue · est. $3.6B
+0.7%
Beating market
DKS vs S&P since report
1 quarter
Consecutive EPS misses

Market Reaction

% change · around the report
−8%−4%0Aug 28Aug 29report 7:02am ETearnings−0.4%−9.1%
−8%−4%0Aug 28Aug 29earnings−0.4%−9.1%
DKS −9.1%S&P 500 −0.4%
−8%−4%0Aug 28Aug 29report 7:02am ETearnings−0.6%−9.1%
−8%−4%0Aug 28Aug 29earnings−0.6%−9.1%
DKS −9.1%NASDAQ −0.6%
−6%−3%0Aug 27Sep 5report 7:02am ETearnings+0.7%−2.2%
−6%−3%0Aug 27Sep 5earnings+0.7%−2.2%
DKS −2.2%S&P 500 +0.7%
−6%−3%0Aug 27Sep 5report 7:02am ETearnings+1.2%−2.2%
−6%−3%0Aug 27Sep 5earnings+1.2%−2.2%
DKS −2.2%NASDAQ +1.2%
−4.84%
Day of report
−1.06%
Next session
+2.86%
One week
+3.32%
30 days

S&P 500 over the same 30 days: +2.66%.

Did DKS Beat Earnings? Q2 2026 Results

Dick's Sporting Goods delivered a record second quarter, posting non-GAAP EPS of $4.38 against a consensus estimate of $4.30, a beat of 1.89%, while revenue of $3.65 billion edged past the $3.61 billion estimate by 1.02% and rose 5.0% year over year. The growth was broad-based, with comparable sales climbing 5.0% on increases in both average ticket and transaction volume, underscoring the ongoing draw of the company's expanding House of Sport and Field House store formats. Gross margin expanded 33 basis points to 37.06%, though higher store-level investment costs pushed SG&A to 24.10% of sales. The quarter also carried $8.03 million in costs tied to the pending Foot Locker acquisition, which is expected to close September 8, 2025 at an enterprise value of roughly $2.50 billion. Buoyed by the strong performance, Dick's raised its full-year 2025 outlook, now guiding for comparable sales growth of 2.0% to 3.5% and EPS of $13.90 to $14.50, up from prior guidance of $13.80 to $14.40.

Key Takeaways
  • 5.0% comparable sales growth driven by growth in both average ticket and transactions
  • Gross margin expansion of 33 basis points to 37.06%
  • Record second quarter net sales
  • Consistent execution of strategic pillars

“We are very pleased with our strong Q2 results. Our performance shows how well our long-term strategies are working, the strength and resilience of our operating model and the impact of our team's consistent execution. Our Q2 comps increased 5.0%, with growth in average ticket and transactions, and we drove second quarter gross margin expansion. We are raising our full year 2025 outlook to reflect our strong Q2 results and the ongoing confidence we have in our business, grounded in our team's execution of our strategic pillars.”

Dick's Sporting Goods CEO, on the earnings call

Forward Guidance & Outlook

DICK'S raised its full year 2025 guidance (excluding acquisition-related costs, investment gains, and Foot Locker results): comparable sales growth of 2.0% to 3.5% (up from 1.0% to 3.0%); net sales of $13.75 billion to $13.95 billion; EPS of $13.90 to $14.50 (up from $13.80 to $14.40), based on approximately 81 million diluted shares and an effective tax rate of approximately 25%. Guidance includes the expected impact from all tariffs currently in effect. Gross capital expenditures are expected to be approximately $1.2 billion ($1.0 billion net). The Foot Locker acquisition is anticipated to close on September 8, 2025.

DKS YoY Financials

Q2 2026 vs Q2 2025 · SEC filings Q2 2025 Q2 2026
$0$2.0B$4.0B$3.5B$3.6BRevenue$1.3B$1.4BGross Profit$470.1M$452.2MOperating Income$362.2M$381.4MNet 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.