DICK'S SPORTING GOODS, INC. 2026: Revenue $5.59B, EPS $3.5— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.DICK'S Sporting Goods reported Q2 2026 revenue of $5.59B, up 53.2% year-over-year, driven by the Foot Locker acquisition and comp store gains. However, net income fell to $315.46M from $381.4M, with diluted EPS declining to $3.50 from $4.71. The company highlighted strong omni-channel growth, FIFA World Cup demand, and operational updates including inventory write-downs and store portfolio realignment.
DICK'S SPORTING GOODS, INC. reported results for the current quarter showing a sharp rise in revenue driven largely by the completed Foot Locker acquisition and comp store gains, while net income and diluted EPS declined versus the prior year. Net sales were $5.59B, up 53.2% from $3.65B a year earlier; net income was $315.46M versus $381.4M in the prior-year quarter, and diluted earnings per share were $3.5 compared with $4.71.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $5.59B | $3.65B | 53.2% |
| Net income² | $315.46M | $381.4M | (17.3%) |
| Diluted EPS³ | $3.5 | $4.71 | (25.7%) |
¹ Reported as “Net sales”. ² Reported as “Net Income”. ³ Reported as “Diluted earnings Per Common Share”.
Business Highlights
- Revenue growth of roughly 53% in the quarter (26 weeks +57.6%) was driven primarily by the Foot Locker acquisition and comp sales gains at DICK’S.
- Channel and product mix shifted toward omni‑channel sales, with higher eCommerce contribution and growth from DICK’S Media Network and GameChanger improving margin mix.
- Brand momentum included comparable-store sales gains of about 4.9–5.4%, aided by FIFA World Cup-related demand and strength in trading cards, footwear, apparel and hardlines.
- Operationally, the company completed the Foot Locker acquisition, rolled out Fast Break updates to 250+ stores, and opened multiple House of Sport and Field House locations.
- Management noted inventory and merchandising actions including Foot Locker assortment optimization, over $40M of inventory write‑downs, and ongoing store portfolio realignment.
Original SEC Filing: DICK'S SPORTING GOODS, INC. [ DKS ] - 10-Q - Sep. 03, 2026