Q4 26 EPS
$3.45
Q4 26 Revenue
$6.23B
BEAT +4.64%
Est. $5.95B
vs S&P Since Q4 26
+6.0%
BEATING MARKET
DKS +14.2% vs S&P +8.2%
Full Year 2026 Results
FY 26 EPS
$13.20
BEAT +3.34%
Est. $12.77
FY 26 Revenue
$17.22B
BEAT +1.63%
Est. $16.94B
Market Reaction
Did DKS Beat Earnings? Q4 2026 Results
DICK'S Sporting Goods delivered a strong fourth-quarter beat, posting non-GAAP EPS of $3.45 against a consensus estimate of $3.03, a 13.86% positive surprise, as revenue surged 59.9% year over year to $6.23 billion, clearing the $5.95 billion estimat… Read more DICK'S Sporting Goods delivered a strong fourth-quarter beat, posting non-GAAP EPS of $3.45 against a consensus estimate of $3.03, a 13.86% positive surprise, as revenue surged 59.9% year over year to $6.23 billion, clearing the $5.95 billion estimate by 4.64%. The transformative driver behind both the top- and bottom-line jump was the September 2025 acquisition of Foot Locker, which folded roughly five months of the athletic footwear chain's operations into consolidated results, including $2.18 billion in Foot Locker segment net sales during the quarter alone. The DICK'S core business held its own independently, with 3.1% comparable sales growth and standalone non-GAAP EPS of $4.05, up 12% year over year. Analysts had questioned whether the stock would finally reward investors for the company's consistent execution, and management's fiscal 2026 guidance of $22.1 billion to $22.4 billion in consolidated net sales, with non-GAAP EPS of $13.50 to $14.50, signals confidence that the Foot Locker integration will reach an inflection point by back-to-school season.
Key Takeaways
- • 3.1% Q4 comparable sales growth for the DICK'S Business driven by growth in average ticket and transactions
- • 4.5% full year comparable sales growth for the DICK'S Business
- • Record-setting Q4 sales for the DICK'S Business
- • Strong holiday season execution
- • Double-digit non-GAAP EPS growth for the DICK'S Business in Q4
- • Non-GAAP operating margin of over 11% for DICK'S Business full year
DKS Forward Guidance & Outlook
For fiscal 2026 (52 weeks ending January 30, 2027), DICK'S expects consolidated net sales of $22.1 billion to $22.4 billion. DICK'S Business segment net sales are expected at $14.5 billion to $14.7 billion with comparable sales growth of 2.0% to 4.0%, while Foot Locker Business segment net sales are expected at $7.6 billion to $7.7 billion with proforma comparable sales growth of 1.0% to 3.0%. Consolidated GAAP operating income is expected at $1.71 billion to $1.83 billion, with non-GAAP operating income of $1.68 billion to $1.81 billion. GAAP EPS is guided to $13.70 to $14.70, with non-GAAP EPS of $13.50 to $14.50, based on approximately 91 million diluted shares and a 25.5% effective tax rate. Net capital expenditures are expected at approximately $1.5 billion. The company plans to open approximately 14 additional House of Sport locations and approximately 22 additional DICK'S Field House locations. Management expects the Foot Locker Business to reach an inflection point beginning with back-to-school, returning to both top-line and bottom-line growth.
DKS YoY Financials
Q4 2026 vs Q4 2025, source: SEC Filings
DKS Revenue by Segment
With YoY comparisons, source: SEC Filings
“We're very proud of our company's Q4 results. In the DICK'S Business, our strong execution powered a great holiday season and another strong quarter with comp growth over 3% and double-digit non-GAAP EPS growth. It was a terrific year overall with comps of 4.5%, gross margin expansion, and non-GAAP operating margin of over 11%. DICK'S and Foot Locker are perfectly positioned at the intersection of sport and culture which is becoming an even stronger part of everyday life. For 2026, we expect to drive continued comp growth, strategic expansion of our square footage, and strong profitability for the DICK'S Business. We also look forward to returning the Foot Locker Business to both top-line and bottom-line growth in 2026. We have deep conviction in the tremendous opportunity ahead for our entire company.”
— Lauren Hobart, Q4 2026 Earnings Press Release
DKS Earnings Trends
DKS vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
DKS EPS Trend
Earnings per share: estimate vs actual
DKS Revenue Trend
Quarterly revenue: estimate vs actual
DKS Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q4 26 FY | — | $3.45 | — | $6.23B | +4.64% |
| FY Full Year | $12.77 | $13.20 | +3.34% | $17.22B | +1.63% |
| Q3 26 MISS | $2.71 | $2.07 | -23.49% | $4.17B | -6.02% |
| Q2 26 BEAT | $4.30 | $4.38 | +1.89% | $3.65B | +1.02% |
| Q1 26 BEAT | $3.21 | $3.37 | +4.89% | $3.17B | +1.74% |
| Q4 25 BEAT FY | $3.51 | $3.62 | +3.05% | $3.89B | +3.35% |
| FY Full Year | $13.93 | $14.05 | +0.86% | $13.44B | +0.95% |