Core Viewpoint - Dick's Sporting Goods Inc. reported an earnings miss for the first quarter, yet its shares rose in early trading, indicating market optimism despite the earnings shortfall [1] Group 1: Earnings Performance - The company reported adjusted earnings of $3.37 per share and a comparable store sales (comp) growth of 4.5%, aligning with preannouncement expectations [5] - The company achieved a gross margin of 36.7%, which is an increase of 41 basis points year-on-year [5] - Dick's Sporting Goods has generated over 4% comp growth for five consecutive quarters, with the latest comp growth at 4.8% driven by strong ticket and traffic [2] Group 2: Guidance and Strategic Outlook - Management maintained its full-year guidance for comp growth at 1%-3% and earnings per share between $13.80 and $14.40, citing confidence in strategic initiatives and operational strength [3][8] - The company believes it can meet its targets regardless of the tariff situation, supported by strong assortment, business momentum, vendor partnerships, and pricing capabilities [4] Group 3: Acquisition Plans - Dick's Sporting Goods plans to acquire Foot Locker for $24 per share, totaling $2.5 billion, with the deal expected to close in the second half of 2025 [6] - The acquisition is anticipated to yield $100-125 million in cost synergies over the medium term and to be accretive to fiscal year 2027 earnings per share [6] Group 4: Analyst Ratings - Analysts have varied ratings on the stock, with JPMorgan maintaining a Neutral rating and lowering the price target from $224 to $195, while BofA Securities holds a Buy rating with a price target of $250 [2][5] - Telsey Advisory Group reaffirmed an Outperform rating with a price target of $220, highlighting the company's impressive results despite a challenging consumer environment [7]

DICK'S Sporting Goods TodayDKSDICK'S Sporting Goods$177.26 +3.04 (+1.74%) 52-Week Range$166.37▼$254.60Dividend Yield2.74%P/E Ratio12.67Price Target$227.89Add to WatchlistDick’s Sporting Goods NYSE: DKS is a quality investment that retail investors shouldn’t pass up. The company may not be a high-profile trade like NVIDIA NASDAQ: NVDA, but it has the qualities that drive long-term value. Those include brand strength, an industry-leading position, blue-chip quality retail business, growth, cash flow, a healt ...

Core Insights - Dick's Sporting Goods reported a 4% increase in sales, indicating strong consumer demand for active lifestyles despite tariff concerns [1] - The company reaffirmed its guidance for 2025, projecting comparable sales growth in the range of 1%-3% [1] Consumer Behavior - CEO Lauren Hobart noted that consumers are prioritizing activities and maintaining spending, with growth observed across all income demographics [2] - There was no evidence of consumers trading down in their purchases, with increases in both transaction volume and ticket size [2] Market Context - A recent report indicated that over 80% of consumers were reducing spending due to tariff concerns, contrasting with Dick's positive sales performance [3] - Consumer confidence improved in May, partly due to a pause on higher tariffs from China, which may have contributed to the favorable market conditions for Dick's [4][5] Strategic Developments - Dick's announced plans to acquire sneaker retailer Foot Locker, with an implied equity value of $2.4 billion and an enterprise value of $2.5 billion [5] - The company anticipates approval from the Federal Trade Commission (FTC) for the merger in the second half of the year [6]

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Retailers are shaking up Wall Street, with earnings reports from Macy's Inc (NYSE:M), Abercrombie & Fitch Co (NYSE:ANF), and Dick's Sporting Goods Inc (NYSE:DKS) offering mixed signals on the impact of tariffs, consumer demand, and operational resilience. Macy's reported adjusted first-quarter earnings of 16 cents per share on revenue of $4.60 billion, topping Wall Street expectations. Still, the company cut its full-year profit forecast, citing tariff hikes and heavier promotions. Macy's is in the middle o ...

Core Viewpoint - Dick's Sporting Goods reported quarterly earnings of $3.37 per share, matching the Zacks Consensus Estimate, and showing an increase from $3.30 per share a year ago [1] - The company posted revenues of $3.17 billion for the quarter, exceeding the Zacks Consensus Estimate by 1.75% and up from $3.02 billion year-over-year [2] Financial Performance - Earnings per share (EPS) for the latest quarter were $3.37, consistent with expectations, while the previous quarter's earnings were $3.62, surpassing the forecast by 3.72% [1][3] - Revenue for the quarter was $3.17 billion, which is a 5% increase from the previous year's $3.02 billion [2] Market Performance - Dick's shares have declined approximately 23.9% since the start of the year, contrasting with a 0.7% gain in the S&P 500 [3] - The current Zacks Rank for Dick's is 3 (Hold), indicating expected performance in line with the market in the near future [6] Future Outlook - The consensus EPS estimate for the upcoming quarter is $4.29, with projected revenues of $3.59 billion, and for the current fiscal year, the EPS estimate is $14.23 on revenues of $13.86 billion [7] - The outlook for the retail industry, particularly the Retail - Miscellaneous sector, is favorable, ranking in the top 17% of over 250 Zacks industries [8]

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]