DICK’S Sporting Goods Reports Disappointing Q3, Raises 2025 Outlook

Despite falling short of market expectations for earnings and revenue in the third quarter of 2025, DICK’S Sporting Goods announced a positive outlook for fiscal year 2025. This optimism is fueled by strategic acquisitions like the recent Foot Locker acquisition, which is expected to boost future performance. The company’s Q3 results showed lower-than-expected earnings per share ($2.07) and revenue ($4.17 billion), with some growth in comparable sales but a decrease in operating income as a percentage of net sales. Despite the challenges, DICK’S raised its full-year EPS guidance to $14.25-$14.55, up from the previous estimate of $13.90-$14.50. Additionally, the company increased its sales forecast for the year, projecting 3.5% to 4.0% growth compared to prior estimates of 2.0% to 3.5%. The acquisition of Foot Locker is expected to be a major driver of future growth, and the company plans to optimize inventory and close underperforming stores to ensure long-term profitability.