Overview

• Dick’s posted adjusted EPS of $3.37 and revenue of $3.17 billion, surpassing analysts’ forecasts.
• Comparable store sales rose 4.5%, exceeding the 3.65% consensus projection.
• The retailer reaffirmed its full-year guidance of $13.80–$14.40 in EPS and $13.6 billion–$13.9 billion in revenue, excluding acquisition impacts.
• Dick’s agreed to acquire Foot Locker in a $2.4 billion deal set to close in the second half of 2025, pending regulatory and shareholder approvals.
• The Foot Locker acquisition will add 2,400 stores across 20 countries and is expected to generate $100 million–$125 million in annual cost synergies.