longbridgelongbridge
  • Platform Features
    Features
    Investment ProductsPrivate Wealth ManagementTrading ToolsMarket Data ServicesAnalysis ToolsNews ServicesFor Developers
    Account Types
    For IndividualsFor Institutions
  • Café
longbridge
© 2026 Longbridge|Terms of ServicePrivacy Policy

Dick’s FY26 Q2 net income drops 17.3% to $315.5 million; net sales rise 53.2% to $5.59 billion

PUBT
Sep 3, 2026 at 04:25 PM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

Dick's Sporting Goods reported a 17.3% drop in Q2 FY26 net income to $315.5 million, despite net sales surging 53.2% to $5.59 billion, largely driven by Foot Locker's $1.74 billion contribution. Operating income slightly declined to $440.8 million as gross margins fell. Foot Locker posted a segment loss of $31.9 million with pro forma comparable sales down 3.6%. The company forecasts full-year net sales between $21.9-$22.2 billion and EPS of $10.94-$11.94.

  • Dick’s Sporting Goods posted Q2 net income of USD 315.5 million, or USD 3.50 a share, down from USD 381.4 million, or USD 4.71. * Net sales more than doubled, rising 53.2% to USD 5.59 billion, including USD 1.74 billion from Foot Locker. * Operating income slipped to USD 440.8 million from USD 452.2 million; gross margin fell 2.28 percentage points to 34.78%. * Foot Locker produced a segment loss of USD 31.9 million on USD 1.7 billion of net sales; pro forma comparable sales fell 3.6%. * Forecast total net sales of USD 21.9 billion to USD 22.2 billion, earnings per share of USD 10.94 to USD 11.94; Foot Locker segment loss seen at USD 80 million to USD 40 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dick’s Sporting Goods Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001089063-26-000036), on September 03, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

Login to unlock927characters for free

Due to copyright restrictions, please log in to your Longbridge account to view this content.
Thank you for your understanding and support of licensed content.

Recommended Readings

  • Sep 9, 2026 at 04:53 AMUS to ban Canadian motorcycle, dairy, alcohol imports as trade war sizzles
  • Sep 8, 2026 at 12:14 PMAI-era DCI: Beyond the chip, compete as a network. Is there a China play?
  • Mar 13, 2025 at 09:51 AMSignals of a recession? From daily necessities to luxury goods, U.S. consumption is in decline across the board

Related Stocks

Foot Locker

Foot Locker

USFL

0.00%

Dick's Sporting Goods

Dick's Sporting Goods

USDKS

-4.87%

LongbridgeAI