Dick's Sporting Goods shares rise on earnings beat, strong outlook

Investing.com -- Dick's Sporting Goods (NYSE: DKS) shares have risen premarket on Thursday after the company reported fourth-quarter results that exceeded analyst expectations.

Adjusted earnings per share came in at $3.45, beating the consensus estimate of $3.03 by $0.42. Revenue reached $6.23 billion, surpassing the $6.08 billion consensus and marking a 59.9% increase from $3.89 billion in the prior year period, driven by the Foot Locker acquisition. For the Dick's Business alone, comparable sales grew 3.1% in the quarter.

The company issued fiscal 2026 guidance that topped Wall Street projections, forecasting adjusted earnings per share of $13.50 to $14.50 compared to the analyst consensus of $12.77. The midpoint of $14.00 represents a 9.6% premium to estimates.

Dick's expects revenue of $22.1 billion to $22.4 billion, with the midpoint of $22.25 billion exceeding the $21.8 billion consensus by 2.1%. Shares rose 3.8% following the announcement.

"We're very proud of our company's Q4 results. In the Dick's Business, our strong execution powered a great holiday season and another strong quarter with comp growth over 3% and double-digit adjusted EPS growth," said Lauren Hobart, President and Chief Executive Officer.

For the full year 2025, the Dick's Business delivered comparable sales growth of 4.5% and adjusted earnings per share of $14.58, up from $14.05 in the prior year. The company opened 16 House of Sport locations and 15 Dick's Field House locations during 2025, and plans to open approximately 14 additional House of Sport and 22 Dick's Field House locations in 2026.

The company's Board of Directors authorized a 3% dividend increase to an annualized $5.00 per share. Dick's expects fiscal 2026 comparable sales growth of 2.0% to 4.0% for the Dick's Business and proforma comparable sales growth of 1.0% to 3.0% for the Foot Locker Business.

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