DICK'S Sporting Goods, Inc. reported a 5.7% increase in comp sales for the third quarter of 2025.
The company raised its full-year 2025 guidance for comparable sales growth and earnings per diluted share.
Acquisition of Foot Locker to solidify DICK'S position as a global leader in the sports retail industry.
Comp Sales Growth
Delivered 5.7% comp sales growth for the DICK'S Business in Q3.
Guidance Upward Revision
Raised full-year 2025 guidance for comp sales growth and EPS for the DICK'S Business.
Acquisition of Foot Locker
Completed the acquisition of Foot Locker to expand globally.
- The acquisition of Foot Locker is expected to result in future pre-tax charges of $500 to 750 million, aimed at enhancing operational efficiency and profitability.
- The strong performance in comp sales and earnings reflects the effective execution of long-term strategies.
DICK'S Sporting Goods continues to deliver strong financial performance, indicating operational excellence and strategic growth initiatives. The acquisition of Foot Locker marks a significant milestone in expanding the company's global presence and market position.