DICK'S Sporting Goods, Inc. Reports Second Quarter Results
PR Newswire
PITTSBURGH, Aug. 25, 2026
– Delivers 4.9% Comp Sales Growth for the DICK'S Business (A) –– 2026 Outlook Revised Due to Challenging Athletic Footwear and Apparel Marketplace –Reported earnings per diluted share of $3.50 and non-GAAP earnings per diluted share of $3.53 (B) compared to earnings per diluted share of $4.71 and non-GAAP earnings per diluted share of $4.38 in the prior year quarter; Current year results include the dilutive impact of the 9.6 million shares issued in connection with the Foot Locker acquisitionDICK'S Business delivered 4.9% comp sales growth, driven by broad-based growth across categories, including strong results from the 2026 FIFA World Cup, and growth in average ticket and transactionsProforma comps for the Foot Locker Business (C) declined 3.6%, impacted by challenging conditions in the athletic footwear marketplaceRevises full year 2026 outlookMaintains DICK'S Business comparable sales outlook of 2.5% to 4.0% growthLowers Foot Locker Business proforma comparable sales outlook to a range of negative 2.0% to 0.0%Lowers operating income outlook for both DICK'S and Foot Locker Businesses"The DICK'S Business delivered a strong second quarter with broad-based growth across categories. As the quarter progressed, conditions across portions of the athletic footwear and apparel marketplace became increasingly promotional, and we took action to remain competitively priced to protect and grow our leadership position. This environment had a more significant impact on the Foot Locker Business given its greater exposure to legacy footwear silhouettes and greater dependence on footwear launch and retro product. Not only were there fewer launches in the second quarter, but those launches performed below both industry and our expectations. As a result, we are taking a more cautious view of the balance of the year. While these near-term dynamics have led us to revise our expectations for 2026, our confidence in the long-term opportunities ahead for both DICK'S and Foot Locker remains unchanged."Ed Stack, Executive Chairman"We're proud of our second quarter performance in the DICK'S Business, where we delivered comp sales growth of 4.9% and gained market share despite growing pressure across portions of the athletic footwear and apparel marketplace. Our Q2 results reflect the strength of our athlete-focused strategy, broad differentiated assortment, strong brand partnerships and continued focus on profitable growth opportunities such as House of Sport, GameChanger and DICK'S Media Network. We invested significantly around the FIFA World Cup, and our team delivered outstanding results. While we are taking a more cautious view of the balance of the year, we remain highly confident in the strength of the DICK'S Business and our long-term opportunity at Foot Locker."Lauren Hobart, President and Chief Executive OfficerPITTSBURGH, Aug. 25, 2026 /PRNewswire/ -- DICK'S Sporting Goods, Inc. (NYSE: DKS), a leading global sports retailer, today reported sales and earnings results for the second quarter ended August 1, 2026.
