Dick's Sporting Goods Predicts Lower 2025 Profits Amid Economic Uncertainty

Despite record holiday sales, the retailer anticipates weaker earnings due to inflation, tariffs, and cautious consumer spending.

Dick's Sporting Goods reported its best holiday quarter ever, with comparable sales up 6.4% and revenue of $3.89 billion surpassing Wall Street estimates.
The company projects 2025 earnings per share between $13.80 and $14.40, falling short of analysts' expectations of $14.86.
Executives cited inflation, potential tariffs, and declining consumer confidence as key factors contributing to a cautious outlook.
Dick's plans to invest $1 billion in expanding its 'House of Sport' concept and e-commerce, which may temporarily weigh on profits.
Broader economic concerns, including weaker job reports and sliding consumer confidence, are impacting retail forecasts across the industry.