Shares of Dick’s Sporting Goods (NYSE:DKS) moved higher in premarket trading on Thursday after the retailer reported fourth-quarter results that topped analyst expectations.
Adjusted earnings per share were $3.45, exceeding the consensus estimate of $3.03 by $0.42. Revenue reached $6.23 billion, above forecasts of $6.08 billion and up sharply from $3.89 billion in the same period last year, largely reflecting the impact of the Foot Locker acquisition. Within the Dick’s core business, comparable sales increased 3.1% during the quarter.
The company also issued fiscal 2026 guidance that surpassed Wall Street projections. Dick’s expects adjusted earnings per share between $13.50 and $14.50, compared with the analyst consensus of $12.77. The midpoint of $14.00 represents roughly a 9.6% premium to estimates.
Revenue for fiscal 2026 is projected to range from $22.1 billion to $22.4 billion. The midpoint of $22.25 billion is about 2.1% higher than the consensus forecast of $21.8 billion. Shares rose 3.8% following the results.
“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 core business reported comparable sales growth of 4.5% and adjusted earnings per share of $14.58, compared with $14.05 in the prior year.
During 2025, the company opened 16 House of Sport stores and 15 Dick’s Field House locations. It plans to open approximately 14 additional House of Sport stores and 22 Dick’s Field House locations in 2026.
Dick’s board also approved a 3% increase in the annual dividend, raising it to $5.00 per share.
The company expects comparable sales growth for fiscal 2026 of 2.0% to 4.0% for the Dick’s core business and pro forma comparable sales growth of 1.0% to 3.0% for the Foot Locker business.