DICK'S Sporting Goods Q2 sales, EPS miss estimates

DICK'S Sporting Goods

25/08/2026 13:24

Overview
US sports retailer's Q2 sales missed analyst expectations, adjusted EPS also missed
DICK'S business comp sales grew 4.9%, driven by broad-based category growth and FIFA World Cup
Company revised 2026 outlook downward due to challenging athletic footwear and apparel marketplace

Outlook
Company sees full-year net sales of $21.9 bln to $22.2 bln
DICK'S maintains comp sales outlook of 2.5% to 4.0% growth for 2026
Foot Locker comp sales outlook lowered to negative 2.0% to 0.0% for 2026

Result Drivers
FIFA WORLD CUP IMPACT - Co said DICK'S business benefited from significant investments and strong results tied to the 2026 FIFA World Cup
PROMOTIONAL ACTIVITY - Co said increased promotional conditions in athletic footwear and apparel led to competitive pricing actions to protect and grow market position
FOOT LOCKER SALES DECLINE - Co attributed Foot Locker business sales decline to fewer launches and underperformance of launch and retro products amid challenging footwear market

Company press release: ID:nPn5bbdJna

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Miss
$5.59 bln
$5.65 bln (19 Analysts)
Q2 Adjusted EPS
Miss
$3.53
$3.76 (20 Analysts)

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 9 "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 $260.00, about 45% above its August 24 closing price of $179.33
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 16 three months ago

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Aug 24 - Elastic fabric maker Best Pacific's H1 revenue rises on sportswear demand

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)