Dick's Sporting Goods Q4 sales jump 60%, beat estimates

Overview

• U.S. sports retailer's Q4 sales rose 59.9% yr/yr, beating analyst expectations

• Non-GAAP EPS for DICK'S Business up 12% yr/yr; consolidated GAAP EPS fell 61%

• Company raised annual dividend by 3% to $5.00 per share

Outlook

• DICK'S expects 2026 consolidated net sales of $22.1 bln to $22.4 bln

• Company sees 2026 EPS of $13.70 to $14.70, non-GAAP EPS of $13.50 to $14.50

• Co forecasts DICK'S Business 2026 comparable sales growth of 2.0% to 4.0%, Foot Locker 1.0% to 3.0%

Result Drivers

• TICKET AND TRANSACTIONS - Co said DICK'S Business comp sales growth was driven by increases in average ticket and transactions

• HOLIDAY EXECUTION - Management said strong execution powered a successful holiday season for DICK'S Business

• STORE EXPANSION - Co opened new House of Sport and Field House locations, supporting growth in 2025

Company press release: ID:nPn35RC7Va

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 11 "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy"

• Wall Street's median 12-month price target for DICK'S Sporting Goods Inc is $245.00, about 25.3% above its March 11 closing price of $195.53

• The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 14 three months ago

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