DKS DICK'S SPORTING GOODS, INC.
Price Chart
Executive Summary
DICK'S Sporting Goods reported Q1 FY2026 GAAP EPS of $3.54 on revenue of $5.165B, beating consensus estimates of $2.91 and $5.07B. The DICK'S Business delivered 6.0% comparable sales growth, while the Foot Locker Business returned to positive comps and profitability. The company raised the low end of its full-year comp sales guidance for both segments and increased its non-GAAP operating income guidance, though GAAP EPS guidance was lowered due to acquisition-related costs and a higher tax rate.
Key Financial Metrics
Actionable Insight
The strong beat and raised comp guidance signal accelerating momentum in the core DICK'S Business and early success integrating Foot Locker. The GAAP EPS guidance cut is noise from non-cash acquisition accounting. Watch for continued Foot Locker margin improvement and Fast Break store rollout as catalysts. The stock should re-rate higher on the core business strength.
Key Facts
- GAAP EPS of $3.54 vs consensus $2.91 (beat by 21.6%)
- Revenue of $5.165B vs consensus $5.07B (beat by 1.9%)
- DICK'S Business comparable sales growth of 6.0% (vs 4.5% in prior year)
- Foot Locker Business returned to positive proforma comparable sales of 0.6% (vs -2.9% in prior year)
- Foot Locker Business segment profit of $17.5M vs -$5.9M loss in Q4 2025
- Raised low end of full-year DICK'S Business comp sales guidance to 2.5%-4.0% (from 2.0%-4.0%)
- Raised low end of full-year Foot Locker Business comp sales guidance to 1.5%-3.0% (from 1.0%-3.0%)
- Raised full-year non-GAAP operating income guidance to $1.71B-$1.83B (from $1.68B-$1.81B)
- Lowered full-year GAAP EPS guidance to $13.27-$14.27 (from $13.70-$14.70) due to higher tax rate and acquisition costs
- Operating cash flow of $276.5M, up 55% YoY
- Quarterly dividend maintained at $1.25 per share
Financial Impact
EPS beat consensus by $0.63 (21.6%); revenue beat by ~$95M (1.9%); DICK'S Business comps accelerated to 6.0% from 4.5%
Risk Factors
- Foot Locker integration still in early stages; $200M in additional restructuring charges expected in FY2026
- Higher effective tax rate (~27% vs ~25.5% previously) pressures GAAP EPS
- Inventory up 52% YoY ($5.4B) driven by Foot Locker acquisition; working capital management key
- Consumer discretionary spending sensitivity if macro conditions weaken
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001089063-26-000021 |
| Document: dks-20260526.htm | 0001089063-26-000021 |
| Document: 0001089063-26-000021-index-headers.html | 0001089063-26-000021 |
| Document: 0001089063-26-000021.txt | 0001089063-26-000021 |
| 8-K Data (Synthetic) | 0001089063-26-000021 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
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Jun 5, 2026
1d ago
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S-4
| — | awaiting T+20 | — | — |
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Jun 1, 2026
5d ago
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144
| — | awaiting T+20 | — | — |
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May 27, 2026
10d ago
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8-K
| — | awaiting T+20 | — | — |
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May 1, 2026
5w ago
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DEFA14A
| $216.45 $216.96 | ▲ +0.24% | ▼ −5.41% | $214.83 (−0.75%) |
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Mar 12, 2026
12w ago
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8-K
| $196.04 $211.13 | ▲ +7.70% | ▲ +5.72% | $214.83 (+9.59%) |
US Market Status
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