Dick’s FY26 Q1 net income rises 21% to $319.8 million; net sales more than doubled to $5.16 billion
Dick's Sporting Goods, Inc. DKS | 0.00 |
- Dick’s Sporting Goods posted net income of USD 319.8 million, up 21.0%, with diluted EPS rising to USD 3.54.
- Net sales more than doubled to USD 5.16 billion, driven by USD 1.79 billion from Foot Locker and 6.0% comparable-sales growth at the DICK’S business.
- Operating income climbed to USD 450.7 million, while gross margin narrowed 4.11 percentage points to 32.59%.
- Foot Locker contributed segment profit of USD 17.5 million; acquisition-related charges were USD 96.5 million, while interchange-fee settlement income totaled USD 150 million.
- Forecast calls for 2026 net sales of USD 22.1 billion to USD 22.4 billion, with EPS of USD 13.27 to USD 14.27.
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