Dick's Sporting Goods (NYSE:DKS) reported fourth-quarter results that topped Wall Street estimates on Thursday and issued an upbeat outlook for 2026, as strong demand for sporting goods and apparel helped offset integration costs tied to its acquisition of Foot Locker.
The sporting goods retailer said quarterly revenue rose to $6.23 billion, beating analysts’ estimates of $6.08 billion, according to market expectations. Adjusted earnings came in at $3.45 per share, ahead of forecasts of $3.03.
Comparable sales increased 3.1% in the fourth quarter.
For the full year 2025, the company reported sales of $17.2 billion, with GAAP earnings per share of $9.97 and adjusted EPS of $13.20. Comparable sales for the year grew 4.5%.
Dick’s said the results were driven by continued strength in its core retail business, though profitability was pressured by about $235 million in charges related to integrating Foot Locker and cleaning up inventory following the $2.5 billion acquisition completed in September 2025.
The company also raised its annual dividend by 3% to $5 per share, or $1.25 quarterly, payable on April 10.
Looking ahead, Dick’s forecast 2026 revenue of $22.1 billion to $22.4 billion, above analysts’ expectations of $21.8 billion. The company projected GAAP earnings of $13.70 to $14.70 per share, while adjusted EPS is expected to range from $13.50 to $14.50, compared with market estimates of $12.77.
Shares of Dick’s Sporting Goods were up about 1.3% in morning trading following the announcement.