Analyst Consensus ?
ConsensusBuy65 ratings
Bullish3756.9%
Neutral2843.1%
Bearish00.0%
DICK'S Sporting Goods, Inc. · DKS · FY2026 Q1 · Calendar Q2 2026
DICK'S raises comp outlook as Foot Locker turnaround advances
The quarter supports a constructive but execution-dependent view: resilient core demand and improved Foot Locker trends provide evidence for continued earnings growth, while the outcome depends on margin flow-through, integration, and capital-investment returns.
Reported Before market openNYSEConsumer Cyclical
$11.31B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$2.90
Consensus $2.89
EPS surprise
+0.3%
Reported versus consensus
Reported revenue
$5.16B
Consensus $5.07B
Revenue surprise
+1.9%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-6.0%
Event window
SPY move
-0.0%
Same window
Abnormal move
-6.0%
Stock minus SPY
Volume
3.0×
Versus trailing sessions
Subsequent drift
+8.2%
Up to 20 sessions
DKSSPY benchmark
Ask FN2 about DKS FY2026 Q1
Transcript, numbers and history already loaded
Why did DKS fall 6.0% after beating EPS estimates in FY2026 Q1?What changed in DKS's guidance and outlook in FY2026 Q1?Give me the bull and bear case for DKS after FY2026 Q1 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Core comparable-sales growth was 6%, the low end of full-year comparable-sales guidance was raised for both banners, and management detailed a $1.4 billion capital-spending plan, planned synergies, and new digital initiatives. Foot Locker will enter DICK'S comparable-sales calculations beginning in Q4 2026.
Guidance delta
Management raised the low end of full-year comparable-sales guidance to 2.5% for DICK'S and 1.5% for Foot Locker; full-year non-GAAP EPS guidance remained $13.50-$14.50.
Key takeaways
- Core DICK'S comparable sales grew 6%, with management citing broad category strength and no trade-down.
- Foot Locker's turnaround remains on schedule, with positive comps and double-digit growth at Fast Break stores.
- The company outlined $1.4 billion of 2026 capital spending and a $100-$125 million cost-synergy target.
- Digital initiatives include the Coach IDEXX shopping assistant and continued GameChanger and media-network expansion.
Management priorities
- Execute the Foot Locker integration and deliver planned procurement synergies.
- Expand House of Sport, Field House, and Fast Break store concepts.
- Invest in DICK'S and Foot Locker capital projects while managing acquisition costs.
- Scale Coach IDEXX, GameChanger, and DICK'S Media Network capabilities.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$132.36Previous close
$99Low
$200.1Average
$280High
Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Sep 24, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Baird | Neutral | Outperform | Downgrade | Sep 14, 2026 |
| UBS | Buy | Buy | Maintain | Aug 27, 2026 |
| Citigroup | Buy | Buy | Maintain | Aug 27, 2026 |
| Wells Fargo | Overweight | Overweight | Maintain | Aug 26, 2026 |
| Truist Securities | Hold | Buy | Downgrade | Aug 26, 2026 |
| Telsey Advisory Group | Market Perform | Outperform | Downgrade | Aug 26, 2026 |
| Oppenheimer | Outperform | Outperform | Maintain | Aug 26, 2026 |
| Morgan Stanley | Overweight | Overweight | Maintain | Aug 26, 2026 |
| KGI Securities | Neutral | Outperform | Downgrade | Aug 26, 2026 |
| JP Morgan | Overweight | Overweight | Maintain | Aug 26, 2026 |
| Goldman Sachs | Buy | Buy | Maintain | Aug 26, 2026 |
| DA Davidson | Buy | Buy | Maintain | Aug 26, 2026 |
| BTIG | Buy | Buy | Maintain | Aug 26, 2026 |
| Barclays | Overweight | Overweight | Maintain | Aug 26, 2026 |
| B of A Securities | Buy | Buy | Maintain | Aug 26, 2026 |
| Jefferies | Hold | Hold | Maintain | May 27, 2026 |
| TD Cowen | Hold | Hold | Maintain | Nov 26, 2025 |
| Loop Capital | Hold | Hold | Maintain | Jul 30, 2025 |
| Stifel | Hold | Hold | Maintain | Apr 10, 2025 |
| Wedbush | Neutral | Neutral | Maintain | Mar 12, 2025 |
| Guggenheim | Neutral | Neutral | Maintain | Mar 12, 2025 |
| Argus Research | Buy | Buy | Maintain | Jan 29, 2025 |
| Evercore ISI Group | Outperform | Outperform | Maintain | Sep 5, 2024 |
| Williams Trading | Buy | Hold | Upgrade | Mar 14, 2024 |
| Stephens & Co. | Equal Weight | Equal Weight | Maintain | Aug 22, 2023 |
| Cowen & Co. | Outperform | Outperform | Maintain | Feb 6, 2023 |
| OTR Global | Positive | Mixed | Upgrade | Aug 17, 2022 |
| Gordon Haskett | Hold | Reduce | Upgrade | May 26, 2022 |
| Raymond James | Market Perform | Underperform | Upgrade | Aug 26, 2021 |
| Credit Suisse | Neutral | Neutral | Maintain | Aug 26, 2021 |
| RBC Capital | Sector Perform | Sector Perform | Maintain | May 27, 2021 |
| Cleveland Research | Buy | Neutral | Upgrade | Sep 25, 2020 |
| Nomura | Neutral | Neutral | Maintain | Jun 3, 2020 |
| Nomura Instinet | Neutral | Neutral | Maintain | May 11, 2020 |
| CFRA | Buy | Buy | Maintain | Mar 10, 2020 |
| Consumer Edge Research | Equal Weight | Equal Weight | Maintain | Dec 27, 2019 |
| Bank of America | Buy | Neutral | Upgrade | Nov 25, 2019 |
| Susquehanna | Outperform | Positive | Maintain | Nov 19, 2019 |
| Stifel Nicolaus | Hold | Hold | Maintain | Sep 18, 2019 |
| Argus | Buy | Buy | Maintain | Dec 11, 2018 |
| Canaccord Genuity | Hold | Hold | Maintain | Aug 30, 2018 |
| Deutsche Bank | Buy | Buy | Maintain | May 31, 2018 |
| Buckingham Research | Buy | Buy | Maintain | May 31, 2018 |
| Buckingham | Buy | Buy | Maintain | May 31, 2018 |
| B. Riley FBR | Buy | Neutral | Upgrade | May 5, 2018 |
| BMO Capital | Outperform | Outperform | Maintain | Nov 16, 2017 |
| Wolfe Research | Peer Perform | Outperform | Downgrade | Jul 25, 2017 |
| Brean Capital | Buy | Buy | Maintain | May 20, 2016 |
| MKM Partners | Buy | Buy | Maintain | Apr 29, 2016 |
| Monness, Crespi, Hardt | Buy | Buy | Maintain | Mar 9, 2016 |
| Monness Crespi Hardt | Buy | Buy | Maintain | Mar 9, 2016 |
| B. Riley Securities | Buy | Neutral | Upgrade | Feb 24, 2016 |
| B. Riley | Buy | Buy | Maintain | Feb 24, 2016 |
| SunTrust Robinson Humphrey | Neutral | Neutral | Maintain | Nov 18, 2015 |
| Imperial Capital | Outperform | In Line | Upgrade | Jul 8, 2015 |
| Sterne Agee CRT | Buy | Neutral | Upgrade | May 19, 2015 |
| Sterne Agee | Buy | Neutral | Upgrade | May 19, 2015 |
| Needham | Hold | Buy | Downgrade | Mar 4, 2015 |
| CRT Capital | Hold | Buy | Downgrade | Jan 8, 2015 |
| William Blair | Market Perform | Outperform | Downgrade | Sep 23, 2014 |
| PiperJaffray | Neutral | Overweight | Downgrade | May 21, 2014 |
| Piper Sandler | Neutral | Overweight | Downgrade | May 20, 2014 |
| Belus Capital | Hold | Sell | Upgrade | Feb 25, 2014 |
| Janney Montgomery Scott | Buy | Neutral | Upgrade | Jan 7, 2013 |
| Janney Capital | Buy | Neutral | Upgrade | Jan 7, 2013 |
Named analyst price targets
Upside is calculated against the persisted previous close $132.36. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| BMO Capital | Kelly Crago | $110 | $132.37 | -16.9% | Sep 8, 2026 |
| UBS | Analyst unavailable | $178 | $129.66 | +34.5% | Aug 27, 2026 |
| BNP Paribas | Aubrey Tianello | $99 | $128.55 | -25.2% | Aug 26, 2026 |
| D.A. Davidson | Michael Baker | $205 | $128.54 | +54.9% | Aug 26, 2026 |
| Morgan Stanley | Analyst unavailable | $180 | $124.31 | +36.0% | Aug 26, 2026 |
| Oppenheimer | Analyst unavailable | $150 | $124.31 | +13.3% | Aug 26, 2026 |
| BTIG | Robert Drbul | $180 | $124.31 | +36.0% | Aug 26, 2026 |
| Robert W. Baird | Jonathan Komp | $150 | $124.31 | +13.3% | Aug 26, 2026 |
| Goldman Sachs | Analyst unavailable | $170 | $124.31 | +28.4% | Aug 26, 2026 |
| Barclays | Adrienne Yih | $150 | $124.31 | +13.3% | Aug 26, 2026 |
| Truist Financial | Analyst unavailable | $135 | $124.31 | +2.0% | Aug 26, 2026 |
| Telsey Advisory | Analyst unavailable | $145 | $124.31 | +9.5% | Aug 26, 2026 |
| KGI Securities | Jenny Liu | $135.1 | $124.31 | +2.1% | Aug 26, 2026 |
| Jefferies | Analyst unavailable | $171 | $124.32 | +29.2% | Aug 25, 2026 |
| Loop Capital Markets | Anthony Chukumba | $140 | $124.32 | +5.8% | Aug 25, 2026 |
| Gordon Haskett Capital Corporation | Analyst unavailable | $130 | $125.19 | -1.8% | Aug 25, 2026 |
| Wells Fargo | Ike Boruchow | $185 | $125.18 | +39.8% | Aug 25, 2026 |
| Wells Fargo | Ike Boruchow | $240 | $208.84 | +81.3% | Aug 10, 2026 |
| Robert W. Baird | Analyst unavailable | $264 | $219.21 | +99.5% | May 28, 2026 |
| Morgan Stanley | Analyst unavailable | $270 | $219.21 | +104.0% | May 28, 2026 |
| Barclays | Analyst unavailable | $280 | $219.21 | +111.5% | May 28, 2026 |
| Jefferies | Analyst unavailable | $224 | $219.39 | +69.2% | May 27, 2026 |
| Truist Financial | Analyst unavailable | $270 | $222.5 | +104.0% | May 27, 2026 |
| BTIG | Robert Drbul | $300 | $216.98 | +126.7% | Apr 16, 2026 |
| Truist Financial | Joseph Civello | $252 | $197.6 | +90.4% | Mar 12, 2026 |
| Jefferies | Jonathan Matuszewski | $210 | $197.6 | +58.7% | Mar 12, 2026 |
| Robert W. Baird | Jonathan Komp | $253 | $199.81 | +91.1% | Feb 11, 2026 |
| Morgan Stanley | Analyst unavailable | $260 | $209.2 | +96.4% | Jan 15, 2026 |
| D.A. Davidson | Michael Baker | $260 | $213.72 | +96.4% | Jan 12, 2026 |
| Robert W. Baird | Analyst unavailable | $226 | $207.94 | +70.7% | Nov 26, 2025 |
| D.A. Davidson | Michael Baker | $245 | $210.52 | +85.1% | Nov 26, 2025 |
| Wells Fargo | Analyst unavailable | $225 | $206.73 | +70.0% | Nov 26, 2025 |
| D.A. Davidson | Analyst unavailable | $270 | $227.88 | +104.0% | Oct 22, 2025 |
| Truist Financial | Analyst unavailable | $275 | $230.47 | +107.8% | Oct 17, 2025 |
| BNP Paribas | Analyst unavailable | $177 | $225.23 | +33.7% | Sep 26, 2025 |
| Goldman Sachs | Kate McShane | $274 | $219.24 | +107.0% | Sep 23, 2025 |
| Barclays | Adrienne Yih | $246 | $209.27 | +85.9% | Sep 2, 2025 |
| Morgan Stanley | Simeon Gutman | $253 | $210.36 | +91.1% | Aug 29, 2025 |
| D.A. Davidson | Analyst unavailable | $250 | $212.8 | +88.9% | Aug 29, 2025 |
| Truist Financial | Analyst unavailable | $248 | $215.08 | +87.4% | Aug 29, 2025 |
| UBS | Analyst unavailable | $275 | $212.8 | +107.8% | Aug 29, 2025 |
| Wells Fargo | Analyst unavailable | $220 | $212.8 | +66.2% | Aug 29, 2025 |
| Telsey Advisory | Analyst unavailable | $225 | $227.63 | +70.0% | Aug 22, 2025 |
| Loop Capital Markets | Analyst unavailable | $215 | $213.09 | +62.4% | Jul 30, 2025 |
| Motley Fool | Analyst unavailable | $195 | $181.21 | +47.3% | May 29, 2025 |
| Truist Financial | Analyst unavailable | $230 | $177.12 | +73.8% | May 28, 2025 |
| Barclays | Adrienne Yih | $217 | $184.02 | +63.9% | May 16, 2025 |
| Wells Fargo | Ike Boruchow | $187 | $212.42 | +41.3% | May 14, 2025 |
| Robert W. Baird | Analyst unavailable | $230 | $195.17 | +73.8% | Mar 12, 2025 |
| Truist Financial | Joseph Civello | $245 | $198.97 | +85.1% | Mar 11, 2025 |
| UBS | Michael Lasser | $260 | $213.26 | +96.4% | Nov 27, 2024 |
| Loop Capital Markets | Anthony Chukumba | $220 | $216.77 | +66.2% | Sep 5, 2024 |
| Williams Trading | Sam Poser | $250 | $216.92 | +88.9% | Sep 5, 2024 |
| Jefferies | Jonathan Matuszewski | $225 | $220.77 | +70.0% | Sep 4, 2024 |
| Telsey Advisory | Joseph Feldman | $260 | $235.54 | +96.4% | Aug 30, 2024 |
| Wedbush | Seth Basham | $250 | $236.3 | +88.9% | Aug 28, 2024 |
| Argus Research | Chris Graja | $252 | $230.68 | +90.4% | Jun 24, 2024 |
| Loop Capital Markets | Anthony Chukumba | $230 | $225.1 | +73.8% | May 30, 2024 |
| Oppenheimer | Brian Nagel | $270 | $225.1 | +104.0% | May 30, 2024 |
| Stifel Nicolaus | Jim Duffy | $232 | $226.03 | +75.3% | May 30, 2024 |
| Truist Financial | Scot Ciccarelli | $256 | $223.82 | +93.4% | May 30, 2024 |
| Morgan Stanley | Simeon Gutman | $245 | $226.03 | +85.1% | May 30, 2024 |
| Wells Fargo | Will Gaertner | $230 | $226.03 | +73.8% | May 30, 2024 |
| Goldman Sachs | Kate McShane | $260 | $226.03 | +96.4% | May 30, 2024 |
| Robert W. Baird | Justin Kleber | $235 | $226.03 | +77.5% | May 29, 2024 |
| Telsey Advisory | Joseph Feldman | $255 | $226.03 | +92.7% | May 29, 2024 |
| Goldman Sachs | Kate McShane | $242 | $225.92 | +82.8% | May 29, 2024 |
| D.A. Davidson | Michael Baker | $265 | $226.03 | +100.2% | May 29, 2024 |
| Evercore ISI | Warren Cheng | $280 | $226.03 | +111.5% | May 29, 2024 |
| Loop Capital Markets | Anthony Chukumba | $200 | $202.74 | +51.1% | May 6, 2024 |
| Jefferies | Jonathan Matuszewski | $211 | $207.44 | +59.4% | Apr 12, 2024 |
| Oppenheimer | Brian Nagel | $240 | $219.31 | +81.3% | Mar 20, 2024 |
| UBS | Michael Lasser | $215 | $214.96 | +62.4% | Mar 19, 2024 |
| Telsey Advisory | Joseph Feldman | $245 | $210.25 | +85.1% | Mar 15, 2024 |
| Stifel Nicolaus | Jim Duffy | $215 | $211.48 | +62.4% | Mar 15, 2024 |
| Truist Financial | Scot Ciccarelli | $243 | $211.48 | +83.6% | Mar 15, 2024 |
| Wells Fargo | Will Gaertner | $210 | $211.48 | +58.7% | Mar 15, 2024 |
| Evercore ISI | Warren Cheng | $240 | $211.48 | +81.3% | Mar 15, 2024 |
| Williams Trading | Sam Poser | $235 | $216.81 | +77.5% | Mar 14, 2024 |
| Robert W. Baird | Justin Kleber | $185 | $187.76 | +39.8% | Mar 14, 2024 |
| Wedbush | Seth Basham | $115 | $119.01 | -13.1% | Nov 21, 2023 |
| Truist Financial | Joseph Civello | $134 | $118.09 | +1.2% | Nov 17, 2023 |
| Goldman Sachs | Kate McShane | $145 | $102.16 | +9.5% | Oct 6, 2023 |
| Stifel Nicolaus | Jim Duffy | $123 | $108.63 | -7.1% | Aug 23, 2023 |
| Telsey Advisory | Joseph Feldman | $160 | $125.15 | +20.9% | May 23, 2023 |
| Wedbush | Seth Basham | $155 | $139.98 | +17.1% | May 12, 2023 |
| Telsey Advisory | Joseph Feldman | $135 | $146.53 | +2.0% | Mar 7, 2023 |
| Morgan Stanley | Simeon Gutman | $165 | $129.28 | +24.7% | Jan 9, 2023 |
| Robert W. Baird | Justin Kleber | $120 | $117.76 | -9.3% | Nov 22, 2022 |
| Morgan Stanley | Simeon Gutman | $125 | $111.14 | -5.6% | Aug 24, 2022 |
| Barclays | Adrienne Yih | $125 | $111.14 | -5.6% | Aug 24, 2022 |
| Telsey Advisory | Joseph Feldman | $83.75 | $84.51 | -36.7% | May 26, 2022 |
| Goldman Sachs | Kate McShane | $130 | $79.42 | -1.8% | May 25, 2022 |
| Telsey Advisory | Joseph Feldman | $125 | $75.56 | -5.6% | May 23, 2022 |
| Cowen & Co. | John Kernan | $165 | $111.06 | +24.7% | Mar 16, 2022 |
| Robert W. Baird | Justin Kleber | $115 | $101.13 | -13.1% | Mar 8, 2022 |
| Goldman Sachs | Kate McShane | $143 | $101.13 | +8.0% | Mar 8, 2022 |
| UBS | Michael Lasser | $120 | $104.32 | -9.3% | Feb 17, 2022 |
| Bank of America Securities | Robert Ohmes | $160 | $108.83 | +20.9% | Jan 7, 2022 |
| Wedbush | Seth Basham | $140 | $106.19 | +5.8% | Jan 5, 2022 |
| Morgan Stanley | Simeon Gutman | $145 | $127.43 | +9.5% | Nov 26, 2021 |
| Stifel Nicolaus | Jim Duffy | $130 | $133.43 | -1.8% | Nov 23, 2021 |
| Credit Suisse | Lavesh Hemnani | $123 | $127.94 | -7.1% | Aug 26, 2021 |
| Telsey Advisory | Joe Feldman | $153 | $127.94 | +15.6% | Aug 26, 2021 |
| Argus Research | Chris Graja | $110 | $91.92 | -16.9% | Jun 7, 2021 |
Track every rating change on DKS the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationDICK'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 earningsConsumer Cyclical peers this season
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Latest beats and misses
Who reports nextBeat on EPS
- GISFY2027 Q1 · September 23, 2026+4.6% EPS+1.0% move
- AZOFY2026 Q4 · September 22, 2026+3.6% EPS+3.3% move
- FPSFY2026 Q4 · September 15, 2026+4.3% EPS+9.5% move
- TCOMFY2026 Q2 · September 15, 2026+22.3% EPS+3.0% move
- KRFY2026 Q2 · September 11, 2026+2.8% EPS+2.7% move
- ADBEFY2026 Q3 · September 10, 2026+0.8% EPS+1.4% move
Get the DKS recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-27T18:18:39.983026+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-09-24T09:20:59.485384+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-09-24T09:20:59.482237+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 2026-09-24. For educational purposes only; not investment advice.