DICK'S Sporting Goods Reports Strong Q4 & FY25 Results, Raises Dividend, and Issues Positive 2026 Outlook

summarizeSummary

DICK'S Sporting Goods announced strong Q4 and full-year 2025 results for its core business, provided an optimistic 2026 financial outlook including Foot Locker, and increased its quarterly dividend by 3%.

check_boxKey Events

• Strong Q4 and Full-Year 2025 Results

  The company reported record-setting Q4 sales for the DICK'S Business, with 3.1% comparable sales growth and non-GAAP diluted EPS of $4.05, a 12% increase year-over-year for the core business. Full-year 2025 comparable sales for the DICK'S Business grew 4.5% with non-GAAP diluted EPS of $14.58.

• Positive 2026 Financial Outlook

  DICK'S Sporting Goods expects full-year 2026 consolidated net sales of $22.1 billion to $22.4 billion and non-GAAP diluted EPS in the range of $13.50 to $14.50. This guidance includes comparable sales growth of 2.0% to 4.0% for the DICK'S Business and 1.0% to 3.0% (proforma) for the Foot Locker Business.

• Increased Quarterly Dividend

  The Board of Directors declared a quarterly dividend of $1.25 per share, representing a 3% increase in the annualized dividend to $5.00 per share, payable on April 10, 2026.

• Foot Locker Integration Update

  The company provided updates on the Foot Locker acquisition, noting that current period results reflect Foot Locker's operations since September 8, 2025, and outlined plans for strategic expansion and returning the Foot Locker Business to top-line and bottom-line growth in 2026.

auto_awesomeAnalysis

DICK'S Sporting Goods delivered robust fourth-quarter and full-year 2025 results for its core business, exceeding expectations with 3.1% Q4 comparable sales growth and a 12% increase in non-GAAP EPS for the DICK'S Business. The company also provided a positive outlook for 2026, projecting consolidated net sales between $22.1 billion and $22.4 billion and non-GAAP diluted EPS of $13.50 to $14.50. This guidance includes anticipated comparable sales growth for both the DICK'S Business (2.0% to 4.0%) and the Foot Locker Business (1.0% to 3.0% proforma), signaling confidence in the Foot Locker integration and turnaround. Additionally, the Board of Directors authorized a 3% increase in the annualized dividend to $5.00 per share, reflecting strong financial health and a commitment to shareholder returns.