DICKâS SPORTING GOODS SLIDES AFTER CUTTING 2026 OUTLOOK
đ DICKâS Sporting Goods reported Q2 revenue of $5.59 billion, up 53.2% YoY, largely driven by the Foot Locker consolidation. Adjusted EPS came in at $3.53, below expectations of around $3.76.
đ DICKâS core business remained resilient, with comparable sales up 4.9%, while Foot Locker posted a 3.6% decline. The divergence suggests that most of the current pressure is concentrated within the Foot Locker segment.
đ The company lowered its full-year EPS outlook to $11â12 and operating income guidance to $1.45â1.55 billion. Foot Locker comparable sales guidance was also cut to -2% to 0% as the footwear and apparel market becomes increasingly promotional.
â ïž DKS shares fell about 30% following the report. The sharp reaction reflects concerns over margin pressure and Foot Locker integration risks, even as DICKâS core operations continue to grow.
#Retail $DKS.US $BNB $ONDO
đ DICKâS Sporting Goods reported Q2 revenue of $5.59 billion, up 53.2% YoY, largely driven by the Foot Locker consolidation. Adjusted EPS came in at $3.53, below expectations of around $3.76.
đ DICKâS core business remained resilient, with comparable sales up 4.9%, while Foot Locker posted a 3.6% decline. The divergence suggests that most of the current pressure is concentrated within the Foot Locker segment.
đ The company lowered its full-year EPS outlook to $11â12 and operating income guidance to $1.45â1.55 billion. Foot Locker comparable sales guidance was also cut to -2% to 0% as the footwear and apparel market becomes increasingly promotional.
â ïž DKS shares fell about 30% following the report. The sharp reaction reflects concerns over margin pressure and Foot Locker integration risks, even as DICKâS core operations continue to grow.
#Retail $DKS.US $BNB $ONDO