DICK'S SPORTING GOODS, INC. 8K

DICK'S Sporting Goods furnished its Q1 2026 earnings release, updating 2026 guidance and integration progress for its Foot Locker acquisition and declaring a $1.25 quarterly dividend.

DICK'S Sporting Goods, Inc. filed a Form 8-K to furnish its first quarter 2026 earnings release, reporting consolidated net sales of $5.17 billion (up 62.7% year over year including the acquired Foot Locker operations), GAAP diluted EPS of $3.54 and non-GAAP diluted EPS of $2.90, while highlighting 6.0% comparable sales growth in the legacy DICK'S business and a return to positive pro forma comps and profitability in the Foot Locker business. The company updated its full-year 2026 outlook, slightly lowering GAAP operating income and EPS ranges due to acquisition-related and integration impacts but raising non-GAAP operating income guidance and the low end of comparable sales growth guidance for both the DICK'S and Foot Locker segments, with consolidated net sales now expected between $22.1 billion and $22.4 billion. Management detailed progress on integrating Foot Locker, including continued rollout of the Fast Break remodel initiative and a review of unproductive Foot Locker assets that has already resulted in $486.5 million of expected $500–750 million pre-tax charges, and reported an expanded store base of 3,115 locations across all banners. The filing also disclosed a Board-authorized quarterly dividend of $1.25 per share payable June 26, 2026 to stockholders of record on June 12, 2026, and reiterated forward-looking statements and risk factors related to macroeconomic conditions, integration execution, and competitive dynamics.

Filing Facts

CIK

1089063

Ticker

DKS

Form

8K

Source Type

sec

Accession

0001089063-26-000021

Alert Tier

7