Dick's Sporting Goods Inc (DKS)
NYSE:DKS
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Earnings Data
Report Date
Aug 25, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
3.75Last Year’s EPS
4.38Same Quarter Last Year
Moderate Buy
Based on 17 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a constructive growth story anchored by very strong DICK'S comp performance, meaningful incremental sales from the Foot Locker acquisition (+62.7% consolidated sales growth) and encouraging early turnaround signals at Foot Locker (U.S. banner comps +6.4%, Fast Break stores comping double‑digits). Management raised comp guidance for both banners and maintained full‑year non‑GAAP EPS guidance while investing in long‑term initiatives (House of Sport, Fast Break, GameChanger, Coach IDEXX, DICK'S Media Network). At the same time, the company faces significant near‑term margin and expense headwinds from acquisition mix, integration charges, higher SG&A, a higher tax rate, and Q2‑weighted investments that compress consolidated margins and lowered non‑GAAP EPS versus last year. Overall, progress on strategic initiatives and upgraded comp guidance are offset partially by short‑term profitability and integration pressures.Company Guidance
Large Consolidated Sales Increase Driven by Foot Locker Acquisition
Consolidated net sales increased 62.7% to $5.16 billion in Q1 2026, driven by a $1.79 billion contribution from the Foot Locker business and a 6% comp increase in the DICK'S business.
Strong DICK'S Comparable Sales and Multi‑Year Momentum
DICK'S business delivered a 6% comp in Q1 (on top of +4.5% in prior year and +5.3% in 2024); 2-year and 3-year comps rose 10.5% and 15.8%, respectively, with increases in both average ticket (+5.5%) and transactions (+0.5%).
Encouraging Early Foot Locker Turnaround
Foot Locker pro forma comps accelerated to +0.6% in Q1, North America comps +1.4%, and the U.S. Foot Locker banner delivered a 6.4% comp; the company raised full‑year Foot Locker comp guidance to +1.5% to +3% (from +1% to +3%).
Fast Break Store Concept Showing Strong Results
Fast Break conversions delivered double‑digit comps in Q1; the company expanded Fast Break by ~90 stores in the quarter and plans ~250 Fast Break stores across Foot Locker, Kids Foot Locker and Champs by back‑to‑school.
Raised Comp Guidance and Margin Expectation for DICK'S
DICK'S full‑year comp guidance was raised to +2.5% to +4% (from +2% to +4%), and the company now expects approximately 30 basis points of operating margin expansion at the high end of the DICK'S range (operating margin guidance ~11.4% at the high end).
Digital, Product and Platform Investments Advancing
Key initiatives advancing: Coach IDEXX AI agent launching this summer, GameChanger platform enhancements (Q1: ~50% of games streamed live, record live streaming), DICK'S Media Network growth, and a new Fort Worth distribution center opened to improve fulfillment in Texas.
Healthy Balance Sheet and Shareholder Returns
Ended Q1 with ~ $1.0 billion cash, no borrowings on $2.0 billion credit facility, repurchased 719,000 shares for $141 million in Q1, and paid $114 million in quarterly dividends; maintained full‑year non‑GAAP EPS guidance of $13.50–$14.50.
Planned Cost Synergies and Capital Allocation
Company remains confident in achieving previously announced $100–$125 million of medium‑term cost synergies and outlined full‑year net CapEx of ~$1.4 billion (split roughly 70/30 DICK'S/Foot Locker) to support growth and store initiatives.
DKS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DKS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 27, 2026 | $233.13 | $219.21 | -5.97% |
Mar 12, 2026 | $194.26 | $196.31 | +1.06% |
Nov 25, 2025 | $203.82 | $204.24 | +0.20% |
Aug 28, 2025 | $222.11 | $211.37 | -4.84% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Dick's Sporting Goods Inc (DKS) report earnings?
Dick's Sporting Goods Inc (DKS) is schdueled to report earning on Aug 25, 2026, Before Open (Confirmed).
What is Dick's Sporting Goods Inc (DKS) earnings time?
Dick's Sporting Goods Inc (DKS) earnings time is at Aug 25, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DKS EPS forecast?
DKS EPS forecast for the fiscal quarter 2026 (Q2) is 3.75.
