DICK'S Sporting Goods Q3 revenue beats expectations on higher comp sales

Dicks Sporting Goods

25/11/2025 12:11

Overview

DICK'S Q3 revenue beats analyst expectations, adjusted EPS misses estimates

Company raises FY 2025 guidance for comp sales growth and EPS for DICK'S Business

Completed acquisition of Foot Locker to become a global leader in sports retail

Outlook

Company raises FY 2025 comp sales growth guidance to 3.5%-4.0%

DICK'S raises FY 2025 EPS guidance to $14.25-$14.55

Company expects Q4 2025 Foot Locker gross margin to decline 1,000-1,500 bps

Result Drivers

COMP SALES GROWTH - DICK'S Business comps grew 5.7% driven by increases in average ticket and transactions

INVENTORY OPTIMIZATION - Strategic actions to optimize Foot Locker's inventory and close underperforming stores

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$4.17 bln
$3.18 bln (20 Analysts)
Q3 Adjusted EPS
Miss
$2.07
$2.76 (21 Analysts)
Q3 EPS
$0.86
Q3 Net Income
$75 mln
Q3 Comparable Sales Growth
5.70%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 14 "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 $245.50, about 16% above its November 24 closing price of $206.31

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

Press Release: ID:nPn5NvZyta

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(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.)