Company Performance - Dick's Sporting Goods (DKS) closed at $201.83, down 2.11% from the previous trading session, underperforming the S&P 500's gain of 0.32% [1] - Over the past month, DKS shares have increased by 17.92%, while the Retail-Wholesale sector and S&P 500 gained 3.84% and 4.51%, respectively [1] Financial Forecast - The upcoming financial results are expected to show an EPS of $4.29, reflecting a 1.83% decrease from the same quarter last year, with revenue forecasted at $3.6 billion, a 3.57% increase year-over-year [2] - For the entire fiscal year, earnings are projected at $14.38 per share and revenue at $13.9 billion, indicating increases of 2.35% and 3.37% from the previous year [3] Analyst Estimates and Rankings - Recent estimate revisions are crucial for understanding near-term business trends, with positive revisions indicating a favorable business outlook [3][4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates DKS at 3 (Hold), with a recent 0.1% downward shift in the EPS estimate [5] Valuation Metrics - DKS has a Forward P/E ratio of 14.34, which is higher than the industry average of 13.26, and a PEG ratio of 2.94 compared to the industry average of 2.87 [6] Industry Context - The Retail - Miscellaneous industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 180, placing it in the bottom 28% of over 250 industries [7]

Core Insights - Academy Sports and Outdoors, Inc. reported a decline in first quarter sales by 0.9% with comparable sales down 3.7% [1][2] - eCommerce sales increased by 10.2%, and the company opened five new stores, maintaining positive comparable sales in low single digits [1][2] - The company revised its annual comparable sales guidance to a range of -4% to +1% due to inflationary pressures [2][10] Financial Performance - Net sales for the first quarter were $1,351.4 million, down from $1,364.2 million, reflecting a 0.9% decrease [2][25] - Net income decreased by 39.7% to $46.1 million compared to $76.5 million in the previous year [2][25] - Diluted earnings per share (EPS) fell to $0.68, down 32.7% from $1.01 [2][25] Balance Sheet Highlights - Cash and cash equivalents decreased by 24.6% to $285.1 million from $378.1 million [3] - Merchandise inventories increased by 15.0% to $1,560.0 million compared to $1,356.8 million [3] - Long-term debt remained relatively stable at $482.2 million, down 0.4% from $484.1 million [3] Capital Allocation - The company returned $108 million to shareholders through share buybacks and dividends, with share repurchases totaling $99.9 million, a decrease of 19.1% from the previous year [4][5] - Dividends paid increased by 6.1% to $8.7 million compared to $8.2 million [4] Store Expansion - Academy opened five new stores, bringing the total to 303 locations across 21 states [6][7] - The company plans to open 20 to 25 stores in fiscal 2025 [6] Tariff Mitigation Strategies - The company has reduced its cost exposure to China to approximately 9% of total cost of goods sold for its private label business, with plans to further reduce it to around 6% by the end of fiscal 2025 [8][9] - Actions taken include diversifying the supply chain and leveraging private brand portfolios to maintain margin integrity [9] 2025 Outlook - The updated fiscal 2025 guidance reflects a wider range of scenarios due to uncertain demand, with net sales projected between $5,970 million and $6,265 million [10][12] - The company anticipates adjusted net income to range from $375 million to $435 million, with diluted EPS expected between $5.10 and $5.90 [13][35]

DICK’S Sporting Goods, Inc. DKS will release earnings results for the first quarter, before the opening bell on Wednesday, May 28.Analysts expect the company to report quarterly earnings of $4.33 per share and quarterly revenue of $3.6 billion, according to data from Benzinga Pro.On May 15, Foot Locker, Inc. FL disclosed a definitive deal to be acquired by Dick's Sporting Goods. The deal values Foot Locker's equity at around $2.4 billion and its enterprise at about $2.5 billion.With the recent buzz around D ...