Q3 26 EPS
$2.07
MISS 23.49%
Est. $2.71
Q3 26 Revenue
$4.17B
MISS 6.02%
Est. $4.43B
vs S&P Since Q3 26
+1.4%
BEATING MARKET
DKS +7.4% vs S&P +6.0%
Market Reaction
Did DKS Beat Earnings? Q3 2026 Results
Dick's Sporting Goods delivered a mixed third quarter for fiscal 2026, posting adjusted EPS of $2.07 against a consensus estimate of $2.71, a miss of 23.49%, while revenue of $4.17 billion fell 6.02% short of the $4.43 billion analysts had expected, … Read more Dick's Sporting Goods delivered a mixed third quarter for fiscal 2026, posting adjusted EPS of $2.07 against a consensus estimate of $2.71, a miss of 23.49%, while revenue of $4.17 billion fell 6.02% short of the $4.43 billion analysts had expected, even as total sales climbed 36.3% year over year. The central story behind the headline shortfall was the company's landmark acquisition of Foot Locker, completed September 8, 2025, which folded $930.91 million in Foot Locker revenue into results alongside a business loss of $46.33 million and $138.55 million in merger and integration costs that weighed heavily on GAAP net income, which dropped to $75.21 million from $227.81 million a year ago. Strip out those one-time charges and the core Dick's Business showed genuine momentum, with non-GAAP EPS of $2.78 and comparable sales growth of 5.7%, prompting management to raise its full-year comp sales outlook to 3.5%-4.0% and lift its DICK'S Business EPS guidance range to $14.25-$14.55, even as the Foot Locker integration, including an anticipated $500-$750 million in future restructuring charges, remains a significant work in progress.
Key Takeaways
- • DICK'S Business comparable sales growth of 5.7% driven by increases in both average ticket and transactions
- • Gross margin expansion for the DICK'S Business
- • Opened 13 new House of Sport locations and 6 new DICK'S Field House locations during Q3
DKS YoY Financials
Q3 2026 vs Q3 2025, source: SEC Filings
DKS Revenue by Segment
With YoY comparisons, source: SEC Filings
“The effectiveness of our long-term strategies and the best-in-class execution by our team are driving outstanding results for our DICK'S Business. In the third quarter, the DICK'S Business comps grew 5.7% driven by increases in both average ticket and transactions, and we were pleased to deliver gross margin expansion. Reflecting these strong results and our continued confidence, we are again raising our full-year 2025 outlook for the DICK'S Business. Finally, we welcome our Foot Locker team members to the DICK'S family, and we are excited about the journey underway to return the Foot Locker Business to its rightful place in our industry.”
— Lauren Hobart, Q3 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% |