Overview
- Dick’s reported adjusted EPS of $3.37 and revenue of $3.17 billion for Q1 2025, surpassing analyst expectations and marking a 5 percent year-over-year sales gain.
- Comparable store sales rose 4.5 percent in Q1, driven by higher average transaction values and increased customer traffic.
- The company reaffirmed its full-year outlook of $13.80 to $14.40 in EPS and $13.6 billion to $13.9 billion in revenue, including the impact of current tariffs.
- Dick’s acquisition of Foot Locker for $2.4 billion is expected to close in the second half of 2025 and add over 2,400 international locations.
- Management projects $100 million to $125 million in cost synergies after closing and highlights Nike as a strategic partner in its footwear lineup.