Dick’s FY26 Q2 net income drops 17.3% to $315.5 million; net sales rise 53.2% to $5.59 billion

Reuters2026/09/03 16:25

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Dick’s Sporting Goods posted Q2 net income of USD 315.5 million, or USD 3.50 a share, down from USD 381.4 million, or USD 4.71.
Net sales more than doubled, rising 53.2% to USD 5.59 billion, including USD 1.74 billion from Foot Locker.
Operating income slipped to USD 440.8 million from USD 452.2 million; gross margin fell 2.28 percentage points to 34.78%.
Foot Locker produced a segment loss of USD 31.9 million on USD 1.7 billion of net sales; pro forma comparable sales fell 3.6%.
Forecast total net sales of USD 21.9 billion to USD 22.2 billion, earnings per share of USD 10.94 to USD 11.94; Foot Locker segment loss seen at USD 80 million to USD 40 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dick's Sporting Goods Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001089063-26-000036), on September 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Dick’s FY26 Q2 net income drops 17.3% to $315.5 million; net sales rise 53.2% to $5.59 billion

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