DICK’S Sporting Goods (NYSE:DKS) Releases FY 2026 Earnings Guidance

DICK’S Sporting Goods (NYSE:DKS) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 11.000-12.000 for the period, compared to the consensus earnings per share estimate of 14.540. The company issued revenue guidance of $21.9 billion-$22.2 billion, compared to the consensus revenue estimate of $22.1 billion.

DICK’S Sporting Goods Trading Down 29.2%

Shares of NYSE DKS traded down $52.30 during trading hours on Tuesday, hitting $127.03. The company’s stock had a trading volume of 20,327,758 shares, compared to its average volume of 1,364,240. DICK’S Sporting Goods has a 12 month low of $128.33 and a 12 month high of $244.38. The stock has a market cap of $11.37 billion, a price-to-earnings ratio of 12.09, a P/E/G ratio of 1.60 and a beta of 1.21. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.38 and a current ratio of 1.50. The business has a 50-day simple moving average of $213.14 and a 200-day simple moving average of $211.25.

DICK’S Sporting Goods (NYSE:DKS) last released its quarterly earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 EPS for the quarter, missing analysts’ consensus estimates of $3.76 by ($0.23). DICK’S Sporting Goods had a net margin of 4.71% and a return on equity of 22.22%. The business had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same period in the previous year, the company earned $4.38 EPS. The company’s revenue for the quarter was up 53.2% on a year-over-year basis. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. On average, analysts anticipate that DICK’S Sporting Goods will post 14.24 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Barclays lifted their price target on shares of DICK’S Sporting Goods from $264.00 to $280.00 and gave the company an “overweight” rating in a report on Thursday, May 28th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of DICK’S Sporting Goods in a research note on Monday, August 3rd. BTIG Research reissued a “buy” rating and issued a $300.00 price target on shares of DICK’S Sporting Goods in a research note on Thursday, May 28th. Morgan Stanley raised their price objective on shares of DICK’S Sporting Goods from $250.00 to $270.00 and gave the stock an “overweight” rating in a report on Thursday, May 28th. Finally, UBS Group upgraded DICK’S Sporting Goods from a “buy” rating to a “positive” rating in a report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $256.88.

Key Stories Impacting DICK’S Sporting Goods

Here are the key news stories impacting DICK’S Sporting Goods this week:

• Positive Sentiment: The core DICK’S business delivered 4.9% comparable-sales growth, supported by broad-based category growth, higher transactions and average ticket, and demand associated with the 2026 FIFA World Cup. Management maintained its core comparable-sales outlook of 2.5% to 4.0% growth. DICK’S Sporting Goods Second Quarter Results
• Positive Sentiment: Some analysts remain constructive: JPMorgan maintained an “overweight” rating while lowering its price target, and a CNBC contributor recently selected DICK’S as a preferred stock. Unusually heavy call-option buying before earnings also indicated speculative bullish interest. CNBC Final Trades
• Neutral Sentiment: Revenue increased 53.2% year over year to $5.59 billion, largely reflecting the Foot Locker acquisition, but the transaction also added dilution from 9.6 million newly issued shares. DICK’S Earnings Report
• Negative Sentiment: Non-GAAP earnings per share were $3.53, below the $3.76 consensus estimate and down from $4.38 a year earlier. Revenue also fell short of the $5.64 billion analyst forecast, intensifying concerns about profitability and execution. DICK’S Q2 Earnings and Revenues Lag Estimates
• Negative Sentiment: Foot Locker’s pro forma comparable sales declined 3.6%, with management citing challenging athletic-footwear conditions and increased promotional activity. The company cut Foot Locker’s full-year comparable-sales outlook to a range of negative 2.0% to 0.0% and lowered operating-income expectations for both businesses. DICK’S Misses Revenue Expectations

Hedge Funds Weigh In On DICK’S Sporting Goods

A number of institutional investors and hedge funds have recently made changes to their positions in DKS. Measured Wealth Private Client Group LLC bought a new stake in shares of DICK’S Sporting Goods in the 3rd quarter worth approximately $48,000. Los Angeles Capital Management LLC bought a new position in shares of DICK’S Sporting Goods during the fourth quarter valued at $49,000. Summit Securities Group LLC purchased a new position in shares of DICK’S Sporting Goods in the 4th quarter worth about $60,000. UMB Bank n.a. boosted its stake in DICK’S Sporting Goods by 13.7% in the 4th quarter. UMB Bank n.a. now owns 721 shares of the sporting goods retailer’s stock worth $143,000 after purchasing an additional 87 shares in the last quarter. Finally, Parallel Advisors LLC boosted its stake in DICK’S Sporting Goods by 38.7% in the 3rd quarter. Parallel Advisors LLC now owns 925 shares of the sporting goods retailer’s stock worth $206,000 after purchasing an additional 258 shares in the last quarter. Institutional investors own 89.83% of the company’s stock.

About DICK’S Sporting Goods

DICK’S Sporting Goods is a leading U.S.-based sporting goods retailer that sells a broad range of sports equipment, apparel, footwear and outdoor gear. The company operates an omnichannel business combining physical stores with digital sales, offering products for team sports, fitness, hunting and fishing, golf, and general active lifestyle categories. In addition to its flagship DICK’S stores, the company operates specialty formats such as Golf Galaxy and branded service offerings including team-sports sales and custom equipment solutions.

The company traces its roots to a single sporting goods outlet founded in 1948 and has since grown into a national retail chain serving customers across the United States.