DICK'S Sporting Goods (NYSE:DKS) Releases Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Market Beat
2026.03.12 13:42
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DICK'S Sporting Goods (NYSE:DKS) reported quarterly earnings of $3.45 per share, exceeding expectations by $0.02. The company achieved revenue of $6.23 billion, surpassing estimates of $6.06 billion, marking a 59.9% year-over-year increase. DICK'S also updated its FY 2026 EPS guidance to $13.50-$14.50. Despite strong earnings, GAAP profits fell 57% year-over-year due to acquisition costs related to Foot Locker. Analysts maintain a consensus rating of "Moderate Buy" with a price target of $239.67. The stock opened at $197.22, with a market cap of $17.74 billion.