Core Insights - DICK'S Sporting Goods, Inc. (DKS) reported first-quarter fiscal 2025 results with net sales of $3.18 billion, a 5.2% increase year over year, surpassing the consensus estimate of $3.12 billion, driven by strong comparable sales and transaction growth [2][4] - Adjusted earnings per share (EPS) were $3.37, a 2% increase from the previous year's $3.30, matching the Zacks Consensus Estimate [1][4] - The company has entered into a definitive merger agreement to acquire Foot Locker, Inc. for an enterprise value of approximately $2.5 billion, expected to be accretive to EPS in the first fiscal year post-close [8][10] Financial Performance - Gross profit increased by 6.8% year over year to $1.17 billion, exceeding the estimate of $1.14 billion, with gross margin expanding by 41 basis points to 36.7% [4] - Consolidated comparable sales grew by 4.5% year over year, supported by a 3.7% rise in average ticket and a 0.8% increase in transactions [3][4] - The company ended the fiscal first quarter with cash and cash equivalents of $1.04 billion and total debt of $1.5 billion [5][6] Strategic Initiatives - DKS repurchased 1.4 million shares for $299 million during the quarter, with $212.9 million remaining under its share repurchase authorization [6] - The company paid quarterly dividends of $100 million and announced a quarterly cash dividend of $1.2125 per share [7] - DKS plans to open nearly 16 Field House locations in fiscal 2025, with two House of Sport locations and four DICK'S Field House locations introduced in the first quarter [7][14] Future Outlook - Management reaffirmed sales guidance for fiscal 2025, projecting net sales between $13.6 billion and $13.9 billion, with comparable sales growth expected to be between 1% and 3% [10][11] - The company anticipates adjusted EPS to be in the range of $13.80 to $14.40, reflecting potential impacts from tariffs [12][13] - DKS forecasts operating margin to be approximately 11.1% at the midpoint, with capital expenditures planned at about $1 billion for the year [14]

Dick's Sporting Goods Inc DKS reported weaker-than-expected first-quarter 2025 results on Wednesday.The company reported first-quarter adjusted earnings per share of $3.37, missing the analyst consensus estimate of $4.34. Quarterly sales of $3.17 billion (+5.2% year over year) missed the Street view of $3.59 billion."Earlier this month, we announced our plans to acquire Foot Locker, a move that represents a truly exciting and transformational moment for Dick's. For many years we've admired Foot Locker's bra ...

Shares of Dick’s Sporting Goods Inc. DKS rose in early trading on Thursday despite the company reporting an earnings miss for the first quarter on Wednesday.The announcement came amid an exciting earnings season. Here are some key analyst takeaways.JPMorgan On Dick’s Sporting GoodsAnalyst Christopher Horvers reiterated a Neutral rating, while cutting the price target from $224 to $195.Dick’s Sporting Goods' fundamentals remain strong, although the acquisition of Foot Locker Inc FL continues to be "an overha ...

Dick’s Sporting Goods says that even amidst tariff worries, people want to be active.It’s that mindset that the athletics retailer said helped drive a 4% increase in sales, according to the company’s quarterly earnings report issued Wednesday (May 28).CEO Lauren Hobart said during an earnings call that the company was reaffirming its guidance for 2025, which includes the “expected impact from all tariffs currently in effect.” Comparable sales are projected to be in the 1%- 3% range.Despite what she called a ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Dick's Sporting Goods (DKS) came out with quarterly earnings of $3.37 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $3.30 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this sporting goods retailer would post earnings of $3.49 per share when it actually produced earnings of $3.62, delivering a surprise of 3.72%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Dick's, w ...

DICK’S Sporting Goods (DKS) Q1 2026 Earnings Call May 28, 2025 08:00 AM ET Company Participants Nate Gilch - Senior Director, IREdward Stack - Executive ChairmanLauren Hobart - President and CEONavdeep Gupta - Executive VP & CFOSimeon Gutman - Managing DirectorKate McShane - Managing DirectorJoseph Feldman - Senior MD & Assistant Director - ResearchJohn Kernan - Managing DirectorPaul Lejuez - Managing DirectorJonathan Matuszewski - Senior Vice President Conference Call Participants Brian Nagel - MD & Senior ...

DICK’S Sporting Goods (DKS) Q1 2026 Earnings Call May 28, 2025 08:00 AM ET Speaker0 Ladies and gentlemen, thank you for standing by. My name is Krista, and I will be your conference operator today. At this time, I would like to welcome everyone to the DICK'S Sporting Goods First Quarter twenty twenty five Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. Thank you. And I would now like to tu ...

2 We believe sports have the power to change lives. 3 We create confidence and excitement by inspiring, supporting, and personally equipping all athletes to achieve their dreams. We create an inclusive environment where all TEAMMATES can thrive. We create and build leading brands that serve and inspire ATHLETES. We make a lasting impact on COMMUNITIES through sport. We deliver SHAREHOLDER value through growth and relentless improvement. Together with our Foundation, we have provided over $200 million in gra ...

Core Viewpoint - Dick's Sporting Goods reaffirms its full-year guidance for fiscal 2025, expecting earnings per share between $13.80 and $14.40, aligning with analyst expectations of $14.29 [1][2] Financial Performance - The company reported a net income of $264 million, or $3.24 per share, for the three-month period ending May 3, compared to $275 million, or $3.30 per share, a year earlier [3] - Adjusted earnings per share were reported at $3.37, while revenue reached $3.17 billion, reflecting a 5% increase from $3.02 billion a year prior [4][7] Strategic Outlook - CEO Lauren Hobart expressed confidence in the company's strategies and operational strength, despite a dynamic macroeconomic environment [3] - The company plans to acquire Foot Locker for $2.4 billion, which is expected to allow entry into international markets and access to a crucial customer base in the sneaker market [5] Market Reactions - Following the acquisition announcement, Foot Locker's shares surged over 80%, while Dick's shares fell approximately 15% [6] - The acquisition is anticipated to close in the second half of fiscal 2025, with expectations of $100 million to $125 million in cost synergies in the first full fiscal year post-close [6]