Dick’s Sporting Goods (NYSE:DKS) posted a strong quarterly performance on Thursday, helped by solid store momentum and broad consumer demand.
The retailer also outlined an expansion-focused outlook while signaling a measured profit view for the year ahead.
• Where are DKS shares going?
Earnings Snapshot
The company reported fourth-quarter adjusted earnings per share of $3.45, beating the analyst consensus estimate of $2.87. Quarterly sales of $6.226 billion (+59.9% year-over-year) outpaced the Street view of $6.069 billion.
The firm delivered 3.1% comparable sales growth in the fourth quarter for its DICK’S business.
Quarterly gross profit jumped to $1.770 billion, compared with $1.361 billion a year ago. Gross margin contracted to 28.43% from 34.96% a year ago.
Operating margin in the quarter under review fell 698 basis points year over year to 3%.
The firm opened 16 House of Sport locations and 15 Dick’s Field House locations in 2025.
Dick’s Sporting said it plans to open about 14 House of Sport locations and 22 Dick’s Field House locations in 2026.
The firm exited the quarter with cash and equivalents worth $1.353 billion.
Dividend
On March 11, the company declared a quarterly dividend in the amount of $1.25 per share.
The dividend is payable in cash on April 10, 2026, to stockholders of record at the close of business on March 27, 2026.
This dividend represents an increase of 3% over the company’s previous quarterly per share amount.
Outlook
Dick’s sees 2026 adjusted EPS of $13.50-$14.50 versus $14.67 estimate. The company expects 2026 sales of $22.10 billion to $22.40 billion versus an estimate of $21.98 billion.
Dick’s expects full-year 2026 comparable sales growth of 2% to 4% for the DICK’S business. It sees full-year 2026 pro forma comparable sales growth of 1% to 3% for the Foot Locker business.
The company expects full-year 2026 consolidated operating income of $1.71 billion to $1.83 billion. It sees full-year 2026 consolidated non-GAAP operating income of $1.68 billion to $1.81 billion.
DKS Price Action: Dick’s shares are trading higher by 0.32% to $196.19 at publication on Thursday.
Photo by George Sheldon via Shutterstock
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