DKS Research | Milton Maxwell

DKS

DICK'S Sporting Goods, Inc.

209.93

-1.89-0.89%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

18.89B

P/E (TTM)

17.10

Basic EPS (TTM)

12.28

Dividend Yield

0.02%

Recent Filings

10-Q

12/5/25Dec 5, 2025

8-K

11/25/25Nov 25, 2025

8-K

Dick's completes Foot Locker notes exchange

9/11/25Sep 11, 2025

Dick's Sporting Goods completed its exchange offer on September 11, 2025, swapping $381.932 million of Foot Locker's 4.000% senior notes due 2029 for identical new notes issued by Dick's, leaving $18.068 million of the original notes outstanding. This move, tied to Dick's acquisition of Foot Locker, retires most legacy debt while assuming equivalent obligations at the same 4.000% rate maturing October 1, 2029. Dick's entered a registration rights agreement committing to register the notes by September 12, 2026, or face added interest. Unsecured debt piles up.

8-K

Dick's completes Foot Locker merger

9/8/25Sep 8, 2025

Dick's Sporting Goods completed its merger with Foot Locker on September 8, 2025, issuing 9.6 million shares of its common stock and $223 million in cash to Foot Locker shareholders, who mostly elected stock. The deal expands Dick's to over 3,200 stores across 20 countries, bolstering global reach in sports retail. Leadership shifts include Ed Stack overseeing Foot Locker, with Ann Freeman as North America president. Expect $100-125 million in cost synergies medium-term; EPS accretive in fiscal 2026, excluding one-time costs. Integration risks loom if synergies delay.

8-K

Updated Foot Locker pro forma

9/5/25Sep 5, 2025

Dick's Sporting Goods updated its unaudited pro forma financials for the Foot Locker acquisition, reflecting final shareholder elections as of August 29, 2025, with $222 million cash and 9.6 million shares at $212.80 each, totaling $2.4 billion consideration. Pro forma net income stands at $256 million for the quarter ended August 2, 2025, and $1.1 billion for fiscal 2025, incorporating preliminary purchase accounting like $234 million goodwill and $650 million intangibles. Integration costs hit $66 million. Delays in closing risk unmet synergies.

About

DICK'S Sporting Goods, Inc., together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. The company provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; and apparel. It also offers footwear and accessories, such as athletic shoes for running, walking, tennis, fitness and cross training, basketball, and hiking; and specialty footwear comprising casual footwear and a complete line of cleats for team sports. In addition, the company owns and operates Sporting Goods, Golf Galaxy, Public Lands, Moosejaw, and Going Going Gone! specialty concept stores; and DICK'S House of Sport and Golf Galaxy Performance Center, as well as GameChanger, a youth sports mobile app for live streaming, scheduling, communications, and scorekeeping. It offers its products online, as well as through its mobile apps. The company was formerly known as Dick'S Clothing and Sporting Goods, Inc. and changed its name to DICK'S Sporting Goods, Inc. in April 1999. DICK'S Sporting Goods, Inc. was incorporated in 1948 and is based in Coraopolis, Pennsylvania.

CEO

Mr. Edward W. Stack

IPO

10/16/2002

Website

https://www.dickssportinggoods.com

Employees

18,600

Sector

Consumer Cyclical

Industry

Specialty Retail