earnings
confidence high
sentiment neutral
materiality 0.75
DICK'S Q1 GAAP EPS $3.54 vs $3.24 YoY; comp sales +6.0%; raises low-end of FY26 comp guidance
DICK'S SPORTING GOODS, INC.
- GAAP EPS $3.54; non-GAAP EPS $2.90 vs $3.37 prior year (diluted by 9.6M shares from Foot Locker acquisition).
- DICK'S Business comp sales +6.0% on top of +4.5% last year; Foot Locker Business returns to positive comps and profitability.
- FY26 comp sales guidance: DICK'S 2.5%-4.0% (was 2.0%-4.0%); Foot Locker 1.5%-3.0% (was 1.0%-3.0%).
- FY26 GAAP op income guidance $1.69-1.81B vs $1.71-1.83B prior; non-GAAP raised to $1.71-1.83B.
- Quarterly dividend declared $1.25/share, payable June 26, 2026 to holders of record June 12, 2026.