DICK'S Sporting Goods Inc
XMUN:DSG
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
D
|
DICK'S Sporting Goods Inc
XMUN:DSG
|
US |
|
D
|
Divgi TorqTransfer Systems Ltd
NSE:DIVGIITTS
|
IN |
DICK'S Sporting Goods Inc
DICK'S Sporting Goods sells sports and outdoor gear to everyday shoppers, student athletes, teams, and fitness-minded customers. Its stores and website carry equipment, apparel, shoes, and accessories for major sports and training activities, along with some lifestyle and casual wear. The company also sells private-label brands, which gives it more control over pricing and product mix. Most of its money comes from retail sales to consumers, both in physical stores and online. It also earns from related services in certain categories, such as fitting and repair in golf, and from selling merchandise tied to the sports seasons and activities customers are preparing for. That makes it a direct-to-shopper retailer rather than a manufacturer. What sets DICK'S apart is its role as a one-stop place for sports participation. It sits close to the customer side of the sports value chain, translating demand from athletes, families, schools, and recreational players into a broad selection of branded and private-label products. In plain terms, it makes money by curating and selling the gear people need to play, train, and wear.
DICK'S Sporting Goods sells sports and outdoor gear to everyday shoppers, student athletes, teams, and fitness-minded customers. Its stores and website carry equipment, apparel, shoes, and accessories for major sports and training activities, along with some lifestyle and casual wear. The company also sells private-label brands, which gives it more control over pricing and product mix.
Most of its money comes from retail sales to consumers, both in physical stores and online. It also earns from related services in certain categories, such as fitting and repair in golf, and from selling merchandise tied to the sports seasons and activities customers are preparing for. That makes it a direct-to-shopper retailer rather than a manufacturer.
What sets DICK'S apart is its role as a one-stop place for sports participation. It sits close to the customer side of the sports value chain, translating demand from athletes, families, schools, and recreational players into a broad selection of branded and private-label products. In plain terms, it makes money by curating and selling the gear people need to play, train, and wear.
Foot Locker turnaround: Fast Break pilot saw strong comps and margin gains; management plans to scale to ~250 stores by back-to-school and expects Foot Locker 2026 comps of 1%–3% and operating income of $100M–$150M.
DICK'S momentum: DICK'S delivered record FY sales of $14.1 billion, FY comps +4.5% and FY non-GAAP EPS of $14.58 (above guidance); Q4 comps +3.1% and Q4 EPS $4.05, with gross margin expansion.
Consolidated results: FY consolidated net sales $17.22 billion (includes ~20 weeks of Foot Locker), consolidated non-GAAP EPS $13.20 and Q4 consolidated net sales $6.23 billion.
Inventory & cleanup: Foot Locker "clean out the garage" largely complete; year-end inventory $4.91 billion (up 47% YoY, includes Foot Locker); DICK'S inventory up 1% YoY.
Guidance & capital plan: 2026 consolidated non-GAAP EPS $13.50–$14.50; DICK'S comps 2%–4% and DICK'S sales $14.5B–$14.7B; net capex ~ $1.5 billion and dividend raised to $5.00 annualized.
Costs & one-time items: Total pretax charges for the Foot Locker integration expected $500M–$750M ( $390M recognized in 2025); remaining ~$150M expected in 2026 and excluded from non-GAAP EPS guidance.
Synergies: Management reiterates $100M–$125M of medium-term cost synergies (procurement/direct sourcing), with some benefit included in 2026 outlook.
