DICK'S Sporting Goods, Inc. · DKS · FY2025 Q1 · Calendar Q2 2025

DICK'S Reaffirms FY2025 Outlook as Foot Locker Deal Adds Execution Risk

The current analysis supports a constructive but conditional view: resilient demand, specialty-format expansion, digital initiatives, and the Foot Locker opportunity support continued growth, while tariffs, inventory, regulatory review, and integration execution remain material tests.

Reported Before market openNYSEConsumer Cyclical $12.84B market cap
80quality score

Earnings scorecard

Reported versus consensus
Reported EPS — Consensus $3.21
EPS surprise — Reported versus consensus
Reported revenue — Consensus $3.12B
Revenue surprise — Reported versus consensus

Market reaction

prior-close to event-session close
Stock move +1.7% Event window
SPY move -0.6% Same window
Abnormal move +2.2% Stock minus SPY
Volume 2.3× Versus trailing sessions
Subsequent drift +10.6% Up to 20 sessions
DKSSPY benchmark

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Transcript intelligence

What changed

Compared with the prior analysis, DICK'S added the pending Foot Locker acquisition, with targeted synergies and expected first-full-year EPS accretion, while Q1 comparable-sales growth remained positive and full-year guidance was maintained.

Guidance delta

Maintained: FY2025 comp-sales guidance of 1%-3% and EPS guidance of $13.80-$14.40 were reaffirmed.

Key takeaways

  • Q1 comparable sales rose 4.5%, gross margin expanded 40 basis points, and non-GAAP EPS was $3.37.
  • Management reaffirmed FY2025 comp-sales and EPS guidance while emphasizing specialty-store and digital expansion.
  • The pending Foot Locker acquisition is expected to provide synergies but adds FTC, integration, inventory, and capital-allocation risks.

Management priorities

  • Expand House of Sport, Fieldhouse, and Golf Galaxy Performance Center formats.
  • Scale Game Changer and DICK'S Media Network while investing in e-commerce, technology, and marketing.
  • Advance the Foot Locker transaction and pursue integration synergies, subject to FTC review.

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Earnings History

Estimate Beat Miss Match
DKS REVENUE earnings history estimate and actual scatter chart 9 reported fiscal quarters and 2 future estimate-only quarters. Q4 '24 estimate $4B Q4 '24 actual $4B, beat Q1 '25 estimate $3B Q1 '25 actual $3B, beat Q2 '25 estimate $3B Q2 '25 actual $3B, beat Q2 '26 estimate $4B Q2 '26 actual $4B, beat Q3 '26 estimate $3B Q3 '26 actual $4B, beat Q4 '26 estimate $6B Q4 '26 actual $6B, beat Q1 '27 estimate $5B Q1 '27 actual $5B, beat Q2 '27 estimate $6B Q2 '27 actual $6B, miss Q3 '27 estimate $5B Q4 '27 estimate $6B
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Analyst Consensus ?

ConsensusBuy65 ratings
Bullish3756.9%
Neutral2843.1%
Bearish00.0%

Analyst 52W Price Targets

$144.35Current
$99Low
$197.21Average
$280High

Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 17, 2026. Not an FN2 forecast.

Firm-level rating actions

FMP grade actions identify the grading firm, not a named analyst.

FirmRatingPrior ratingActionDate
Truist Securities Hold HoldMaintainOct 1, 2026
Baird Neutral OutperformDowngradeSep 14, 2026
UBS Buy BuyMaintainAug 27, 2026
Citigroup Buy BuyMaintainAug 27, 2026
Wells Fargo Overweight OverweightMaintainAug 26, 2026
Show 60 more rating actions

Named analyst price targets

Upside is calculated against the persisted current price $144.35. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
Truist FinancialJoseph Civello$128$134.29 -11.3%Oct 1, 2026
BMO CapitalKelly Crago$110$132.37 -23.8%Sep 8, 2026
UBSAnalyst unavailable$178$129.66 +23.3%Aug 27, 2026
BNP ParibasAubrey Tianello$99$128.55 -31.4%Aug 26, 2026
D.A. DavidsonMichael Baker$205$128.54 +42.0%Aug 26, 2026
See 101 more

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Company context

Snapshot as of publication

DICK'S Sporting Goods, Inc., together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. It provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; and apparel. The company also offers footwear and accessories, such as athletic shoes for running, walking, tennis, fitness and cross training, basketball, and hiking; and specialty footwear comprising casual footwear and a complete line of cleats for team sports. In addition, it owns and operates Sporting Goods, Golf Galaxy, Public Lands, Moosejaw, and Going Going Gone!…

Historical context

All DKS earnings

Latest beats and misses

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Sources

  1. Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
  2. FN2 earnings calendar · 2025-05-14T00:02:31.936144+00:00
  3. Polygon adjusted daily market bars · 2026-10-17T21:30:40.622423+00:00
  4. Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-17T21:30:40.619234+00:00

Methodology

Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.

Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.

Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.

By FN2 Research · Updated · As of 2026-10-17. For educational purposes only; not investment advice.