Dick's Sporting Goods (DKS) earnings Q2 2026

Key Points:

• Dick's Sporting Goods reported quarterly revenue of $5.59 billion, slightly missing Wall Street expectations of $5.65 billion, and lowered its full-year net sales outlook to $21.9 billion-$22.2 billion from $22.1 billion-$22.4 billion.
• Comparable sales at Dick's stores grew 4.9% driven by broad-based category growth and strong World Cup results, while Foot Locker saw a 3.6% decline in comparable sales, prompting a revised outlook for Foot Locker to flat or down 2%.
• Adjusted earnings per share were $3.53, down from $4.71 per share the previous year, with net income falling to $315 million from $381 million year-over-year.
• The company lowered its consolidated operating income forecast to $1.45 billion-$1.55 billion from $1.69 billion-$1.81 billion, reflecting ongoing challenges in the athletic footwear and apparel market.
• CEO Lauren Hobart expressed confidence in Dick's long-term prospects and Foot Locker's turnaround efforts despite taking a more cautious near-term outlook amid a competitive sportswear environment.