Dick’s Sporting Goods (DKS) Stock Drops 13% After Earnings Disappoint

NewsTue, 25 Aug 2026 11:27:51 UTC1 hour ago
Dick’s Sporting Goods (DKS) Stock Drops 13% After Earnings Disappoint

TLDR

  • DKS dropped 13% in premarket trading after missing Q2 earnings and revenue estimates
  • Adjusted EPS came in at $3.53, below the $3.76-$3.78 analyst consensus
  • Net sales of $5.59 billion missed estimates, though revenue was up 53% year-over-year
  • Full-year EPS guidance cut to $11.00-$12.00, well below Wall Street’s $14.28 forecast
  • Foot Locker business was a drag, with proforma comparable sales down 3.6%

Dick’s Sporting Goods (DKS) fell 13% to $157.45 in premarket trading Tuesday after the company missed second-quarter estimates and cut its full-year earnings outlook by a wide margin.



DICK’S Sporting Goods, Inc., DKS

Adjusted EPS came in at $3.53, down from $4.38 a year ago and below the Wall Street consensus of around $3.76 to $3.78. Net sales grew 53% year-over-year to $5.59 billion, but still missed the $5.64-$5.65 billion estimate.

The year-over-year revenue jump was largely driven by the Foot Locker acquisition completed in September 2025, not organic growth.

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