Dick's Sporting Goods (NYSE:DKS) reported second quarter 2025 revenue and earnings Thursday that surpassed analyst estimates, although the retailer’s revenue guidance disappointed investors.
The company’s adjusted earnings per share for the period came in at $4.38, edging past Wall Street expectations of $4.32, according to LSEG.
Dick’s saw its revenue for the quarter rise 5% to $3.65 billion, better than the $3.63 billion analyst consensus.
“Our Q2 comps increased 5%, with growth in average ticket and transactions, and we drove second quarter gross margin expansion,” Dick’s Sporting Goods CEO Lauren Hobart said in a statement.
“We are raising our full-year 2025 outlook to reflect our strong Q2 results and the ongoing confidence we have in our business, grounded in our team's execution of our strategic pillars."
The company noted that its full-year revenue forecast is between $13.75 billion and $13.95 billion, less than the $14 billion anticipated by Wall Street.
Dick’s added that it expects to close its pending acquisition of Foot Locker on September 8.
Dick’s Sporting Goods shares fell 5% to $214.44 in midday trading on Thursday.