DICK'S Sporting Goods reported a 6.0% increase in comparable sales for its core business and a return to growth and profitability for Foot Locker in Q1 2026. The company raised the low end of its 2026 comparable sales guidance for both DICK'S (2.5%-4.0%) and Foot Locker (1.5%-3.0%) businesses. Earnings per diluted share were $3.54, reflecting dilution from the Foot Locker acquisition shares. The Fast Break store remodel initiative at Foot Locker is expanding rapidly, contributing to improved margins and sales. DICK'S expects consolidated operating income between $1.69 billion and $1.81 billion for 2026, signaling confidence in long-term growth post-acquisition.
Dick's Sporting Goods reported a miss on earnings per share for the fiscal first quarter, largely due to $96.5 million in charges related to its acquisition and turnaround of Foot Locker. While Foot Locker saw its first comparable sales growth since ...
This week, investors focus on key economic data including Core PCE inflation and GDP figures, which will influence Federal Reserve rate expectations and Treasury yields. Fed officials' speeches may further sway market views on monetary policy. Earnin...
DICK'S Sporting Goods introduced Coach by DICK'S™, an AI-driven digital coach within its mobile app designed to offer personalized guidance to athletes at all levels. This new feature leverages DICK'S sport expertise and product knowledge to provide ...
