earnings
confidence high
sentiment negative
materiality 0.80
Dick's Q2 EPS $3.50, cuts FY outlook on footwear weakness; dividend $1.25
DICK'S SPORTING GOODS, INC.
- Q2 reported EPS $3.50, non-GAAP $3.53 vs $4.71/$4.38 prior year; includes dilution from 9.6M Foot Locker shares.
- DICK'S Business comp sales +4.9%; Foot Locker proforma comps -3.6% on challenging athletic footwear market.
- FY2026 outlook: DICK'S comps maintained 2.5-4.0%; Foot Locker proforma comps cut to -2.0% to 0.0%; operating income lowered.
- Quarterly dividend raised to $1.25/share, payable Sept 25, 2026 to holders of record Sept 11, 2026.