DICK'S SPORTING GOODS, INC. (DKS) Form 8-K — Aug 25, 2026
DICK'S Sporting Goods reported second-quarter net sales of $5.59 billion, up 53.2% year over year with Foot Locker consolidated, but GAAP diluted EPS fell to $3.50 from $4.71 and non-GAAP EPS fell to $3.53 from $4.38. The DICK'S Business grew comparable sales 4.9% while proforma Foot Locker comps declined 3.6% amid a challenging athletic footwear marketplace. The company lowered its full-year 2026 outlook, cutting the operating income guide for both businesses and reducing the Foot Locker proforma comp forecast to negative 2.0% to 0.0%.
Key figures
- Eps
- 3.5
- Revenue
- 5586815000
- Guidance
- Revised FY2026: net sales $21.9B-$22.2B; GAAP operating income $1.45B-$1.55B ($1.46B-$1.56B non-GAAP); GAAP EPS $10.94-$11.94 ($11.00-$12.00 non-GAAP); DICK'S comps maintained at +2.5% to +4.0%; Foot Locker proforma comps lowered to -2.0% to 0.0%; Foot Locker segment loss $(80)M to $(40)M; gross capex approximately $1.6B
- Net Income
- 315461000
- Total Debt
- 1906348000
- Revenue Yoy
- 53.2%
- Total Assets
- 18245422000
- Cash Position
- 913736000
- Shares Outstanding
- ~90 million weighted average diluted (includes 9.6 million shares issued for Foot Locker)
- Inventories
- $5.57 billion, +63% YoY ($3.6B DICK'S, $2.0B Foot Locker)
- Ytd buybacks
- $141.2 million (0.7 million shares at average $196.38)
- Ytd net sales
- 10751319000
- Dicks comps q2
- +4.9%
- Non gaap eps q2
- 3.53
- Store count total
- 3104
- Dividend record date
- September 11, 2026
- Dividend payable date
- September 25, 2026
- Gaap eps q2 prior year
- 4.71
- Gaap operating margin q2
- 7.9%, down ~451 bps from 12.4%
- Non gaap eps q2 prior year
- 4.38
- Integration charges to date
- $515.8 million
- Footlocker proforma comps q2
- -3.6%
- Quarterly dividend per share
- 1.25
- Ieepa tariff refunds received
- $59.0 million plus $2.1 million interest income
- Buyback authorization remaining
- $3.0 billion
- Integration charges expected total
- up to $750 million, including $200 million in fiscal 2026
- Footlocker acquisition consideration
- $2.5 billion ($2.1B in 9.6M shares, $223.0M cash, $111.6M pre-existing equity)
Price after filing
Close on the filing date to close N calendar days later (from $179.33). Historical, not a forecast.
AI analysis
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