---
title: "Dick's Sporting Goods 10-K: $17.22B Revenue, $9.97 Diluted EPS"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280849641.md"
description: "Dick's Sporting Goods reported fiscal 2025 net sales of $17.22 billion, a 28.1% increase year-over-year, driven by the acquisition of Foot Locker. Diluted earnings per share were $9.97, including $307.3 million in acquisition-related costs. However, gross margin and operating income faced pressure due to inventory write-downs and merger charges. The company anticipates $100–125 million in cost synergies and plans $1.5 billion in capital expenditures for FY2026 to enhance store growth and technology investments."
datetime: "2026-03-27T21:25:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280849641.md)
  - [en](https://longbridge.com/en/news/280849641.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280849641.md)
generator: "portal-rs"
---

# Dick's Sporting Goods 10-K: $17.22B Revenue, $9.97 Diluted EPS

Dick's Sporting Goods reported fiscal 2025 net sales of $17.22 billion and diluted earnings per share of $9.97, with revenue boosted by the acquisition of Foot Locker and EPS including $307.3 million net of tax in acquisition-related costs. While sales rose 28.1% year-over-year, gross margin and operating income were pressured by Foot Locker inventory write-downs and merger/integration charges. The company plans substantial capital investment and expects medium-term cost synergies as it integrates Foot Locker and pursues store and omni-channel initiatives.

**Financial Highlights**

-   **Net sales**: $17,215.1 million, increased 28.1% YoY (includes $3.1B from Foot Locker acquisition)
-   **Gross profit**: $5,667.3 million, representing 32.92% of net sales, down 298 basis points YoY (Foot Locker inventory write-downs)
-   **Operating income**: $1,095.9 million, decreased from $1,473.9 million, impacted by merger and integration charges
-   **Net income**: $849.2 million, or 4.93% of net sales, down from $1,165.3 million in the prior year
-   **Diluted net income per share**: $9.97 per share, includes $307.3 million net of tax in acquisition-related costs

**Business Highlights**

-   **Revenue growth drivers**: Net sales rose 28.1% in FY2025, driven by the Foot Locker acquisition and 4.5% comparable sales growth at Dick's.
-   **Omni-channel and store strategy**: Expanded omni-channel footprint with concepts such as Dick’s House of Sport, Field House, and Golf Galaxy Performance Centers, alongside targeted store relocations.
-   **Brand and assortment**: Foot Locker acquisition adds global sneaker banners while Dick’s vertical brands and vendor partnerships enhanced assortment depth and brand momentum.
-   **Operational initiatives**: Launched the Fast Break pilot and is implementing inventory optimization at Foot Locker as part of integration efforts.
-   **Synergies and outlook**: Management expects $100–125 million in medium-term cost synergies and plans approximately $1.5 billion of capital expenditures in FY2026 to support store growth, supply chain upgrades, and technology investments aimed at improving Foot Locker profitability and lifting comparable sales.

Original SEC Filing: DICK'S SPORTING GOODS, INC. \[ DKS \] - 10-K - Mar. 27, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**