<p>富乐客和迪克体育用品商店。</p>
<p>路透社</p>
<p>富乐客正在缓慢恢复增长，但传统运动鞋店的高成本转型仍对其母公司迪克体育用品的盈利造成压力，该公司周三发布了盈利不及预期的报告。</p>
<p>截至 5 月 2 日的三个月内，迪克因收购产生了 9650 万美元的费用。其中包括 5380 万美元的并购成本，如遣散费和店铺关闭费用，以及 4270 万美元的库存清理费用。</p>
<p>这些费用导致迪克的盈利不及预期，尽管其收入结果超出了预期。</p>
<p>与此同时，富乐客实现了 0.6% 的可比销售增长，这是自 2024 财年结束以来该指标首次上升，而迪克的自有品牌商店可比销售增长了 6%，两者合计增长 4.1%。在富乐客美国店，迪克将大部分转型注意力集中在这里，可比销售增长了 6.4%。</p>
<p>以下是这家体育用品商店在其首个财季的表现与华尔街预期的对比，基于 LSEG 对分析师的调查：</p>
<ul>
<li><strong>每股收益：</strong> 调整后为 2.90 美元，预期为 2.92 美元</li>
<li><strong>收入：</strong> 51.7 亿美元，预期为 50.9 亿美元</li>
</ul>
<p>该公司的股票在盘前交易中下跌近 5%。</p>
<p>在本季度，迪克的净收入为 3.1982 亿美元，或每股 3.54 美元，而去年同期为 2.6429 亿美元，或每股 3.24 美元。调整收购成本和诉讼等项目后，迪克的每股收益为 2.90 美元。</p>
<p>销售额上升至 51.7 亿美元，比去年同期的 31.7 亿美元增长约 63%，因为它将富乐客纳入了其业务。</p>
<p>在体育运动成为文化中心的时刻，迪克吸引顾客几乎没有问题。但维持盈利预期却证明更具挑战性。</p>
<p>在发布首季度业绩后，迪克收紧了对 2026 年可比销售增长的指导，涵盖迪克和富乐客。它现在预计迪克的业务增长将在 2.5% 到 4% 之间，上调自 2% 到 4%，并预计富乐客将增长在 1.5% 到 3% 之间，上调自之前的 1% 到 3%。</p>
<p>与此同时，迪克下调了对 2026 年合并营业收入和盈利的指导。它现在预计合并营业收入将在 16.9 亿到 18.1 亿美元之间，低于之前的 17.1 亿到 18.3 亿美元的范围。</p>
<p>它现在预计 2026 年的每股收益将在 13.27 到 14.27 美元之间，低于之前的 13.70 到 14.70 美元。它继续预计调整后的每股收益将在 13.50 到 14.50 美元之间，高于 LSEG 预期的 14.32 美元的高端。</p>
<p>它预计净销售额将在 221 亿美元到 224 亿美元之间，基本符合 LSEG 预期的 224 亿美元。</p>
<p>该公司还将调整后的营业收入指导上调至 17.1 亿到 18.3 亿美元，之前为 16.8 亿到 18.1 亿美元。</p>
<p>自收购富乐客以来，迪克一直寻求利用其广泛的门店网络和独特的客户群体，同时也在努力关闭表现不佳的门店，重新调整商品组合并改变店铺格式。</p>
<p>它之前启动了一个名为 “快速突破” 的 11 家门店的试点项目，测试产品变化及其在门店的展示方式，富乐客在这里看到大部分收入。该试点已扩展至全球约 100 家门店，这些商店的可比销售增长达到两位数，商品利润率显著改善。</p>
<p>到返校季开始时，试点将扩展到 250 家门店，并计划在假日购物季之前进一步增加。</p>
<p>截至本季度末，富乐客的总业务，包括 Champs、WSS 和 Kids Foot Locker，在全球拥有 2483 家门店。</p>
<p>选择 CNBC 作为您在谷歌上的首选来源，永远不会错过商业新闻中最值得信赖的名字的任何时刻。</p>

富乐客

迪克体育用品

零售业 ETF - VanEck Vectors

标普零售指数 ETF - SPDR

<p>自从收购富乐客以来，迪克体育用品的销售额激增，但由于品牌转型的高成本，其盈利能力受到影响</p>

<p>Foot Locker and Dick's Sporting Good stores.</p>
<div class="lb-trans"><p>富乐客和迪克体育用品商店。</p>
</div><p>Reuters</p>
<div class="lb-trans"><p>路透社</p>
</div><p>Foot Locker is slowly getting back to growth, but the costly turnaround of the legacy sneaker store is still weighing on its parent company Dick's Sporting Goods' bottom line, as the company posted an earnings miss on Wednesday.</p>
<div class="lb-trans"><p>富乐客正在缓慢恢复增长，但传统运动鞋店的高成本转型仍对其母公司迪克体育用品的盈利造成压力，该公司周三发布了盈利不及预期的报告。</p>
</div><p>In the three months ended May 2, Dick's incurred $96.5 million in charges related to the acquisition. That includes $53.8 million for merger and acquisition costs like severance and store closings, and $42.7 million to clear through sale inventory.</p>
<div class="lb-trans"><p>截至 5 月 2 日的三个月内，迪克因收购产生了 9650 万美元的费用。其中包括 5380 万美元的并购成本，如遣散费和店铺关闭费用，以及 4270 万美元的库存清理费用。</p>
</div><p>Those expenses contributed to a miss on Dick's bottom line, as top line results exceeded expectations.</p>
<div class="lb-trans"><p>这些费用导致迪克的盈利不及预期，尽管其收入结果超出了预期。</p>
</div><p>Meanwhile, Foot Locker eked out comparable sales growth of 0.6%, the first time the metric rose since the end of fiscal 2024, while Dick's namesake stores saw comparable sales climb 6%, leading to a combined figure of 4.1% growth. At Foot Locker U.S., where Dick's has focused much of its turnaround attention, comparable sales grew 6.4%.</p>
<div class="lb-trans"><p>与此同时，富乐客实现了 0.6% 的可比销售增长，这是自 2024 财年结束以来该指标首次上升，而迪克的自有品牌商店可比销售增长了 6%，两者合计增长 4.1%。在富乐客美国店，迪克将大部分转型注意力集中在这里，可比销售增长了 6.4%。</p>
</div><p>Here's how the sporting goods store did in its first fiscal quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG:</p>
<div class="lb-trans"><p>以下是这家体育用品商店在其首个财季的表现与华尔街预期的对比，基于 LSEG 对分析师的调查：</p>
</div><ul>
<li><strong>Earnings per share:</strong> $2.90 adjusted vs. $2.92 expected</li>
<li><strong>Revenue:</strong> $5.17 billion vs. $5.09 billion expected</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>每股收益：</strong> 调整后为 2.90 美元，预期为 2.92 美元</li>
<li><strong>收入：</strong> 51.7 亿美元，预期为 50.9 亿美元</li>
</ul>
</div><p>The company's shares fell nearly 5% in premarket trading.</p>
<div class="lb-trans"><p>该公司的股票在盘前交易中下跌近 5%。</p>
</div><p>During the quarter, Dick's saw net income of $319.82 million, or $3.54 per share, compared with $264.29 million, or $3.24 per share, a year earlier. Adjusting for items like acquisition costs and litigation, Dick's earned $2.90 per share.</p>
<div class="lb-trans"><p>在本季度，迪克的净收入为 3.1982 亿美元，或每股 3.54 美元，而去年同期为 2.6429 亿美元，或每股 3.24 美元。调整收购成本和诉讼等项目后，迪克的每股收益为 2.90 美元。</p>
</div><p>Sales rose to $5.17 billion, up about 63% from $3.17 billion a year earlier, as it added Foot Locker to its business.</p>
<div class="lb-trans"><p>销售额上升至 51.7 亿美元，比去年同期的 31.7 亿美元增长约 63%，因为它将富乐客纳入了其业务。</p>
</div><p>At a time when sports are at the center of culture, Dick's is having little issue attracting customers. But maintaining profitability expectations has proven more challenging.</p>
<div class="lb-trans"><p>在体育运动成为文化中心的时刻，迪克吸引顾客几乎没有问题。但维持盈利预期却证明更具挑战性。</p>
</div><p>Following its first-quarter results, Dick's tightened its 2026 guidance for comparable sales growth for both Dick's and Foot Locker. It now expects the Dick's business to grow between 2.5% and 4%, up from 2% to 4%, and it anticipates Foot Locker will rise between 1.5% and 3%, up from 1% to 3% previously.</p>
<div class="lb-trans"><p>在发布首季度业绩后，迪克收紧了对 2026 年可比销售增长的指导，涵盖迪克和富乐客。它现在预计迪克的业务增长将在 2.5% 到 4% 之间，上调自 2% 到 4%，并预计富乐客将增长在 1.5% 到 3% 之间，上调自之前的 1% 到 3%。</p>
</div><p>Meanwhile, Dick's lowered its guidance for 2026 consolidated operating income and earnings. It now expects consolidated operating income to range between $1.69 billion and $1.81 billion, down from a previous range of $1.71 billion to $1.83 billion.</p>
<div class="lb-trans"><p>与此同时，迪克下调了对 2026 年合并营业收入和盈利的指导。它现在预计合并营业收入将在 16.9 亿到 18.1 亿美元之间，低于之前的 17.1 亿到 18.3 亿美元的范围。</p>
</div><p>It's now expecting 2026 earnings per share to range between $13.27 and $14.27, down from $13.70 to $14.70. It continues to expect adjusted earnings per share to range between $13.50 and $14.50, exceeding expectations at the high end of $14.32 per share, according to LSEG.</p>
<div class="lb-trans"><p>它现在预计 2026 年的每股收益将在 13.27 到 14.27 美元之间，低于之前的 13.70 到 14.70 美元。它继续预计调整后的每股收益将在 13.50 到 14.50 美元之间，高于 LSEG 预期的 14.32 美元的高端。</p>
</div><p>It's expecting net sales to be between $22.1 billion and $22.4 billion, roughly in line with expectations at $22.4 billion, according to LSEG.</p>
<div class="lb-trans"><p>它预计净销售额将在 221 亿美元到 224 亿美元之间，基本符合 LSEG 预期的 224 亿美元。</p>
</div><p>The company also raised its adjusted operating income guidance to a range of $1.71 billion to $1.83 billion, up from $1.68 billion to $1.81 billion previously.</p>
<div class="lb-trans"><p>该公司还将调整后的营业收入指导上调至 17.1 亿到 18.3 亿美元，之前为 16.8 亿到 18.1 亿美元。</p>
</div><p>Since acquiring Foot Locker, Dick's has sought to take advantage of its sprawling store footprint and unique customer demographic while also doing the hard work of closing underperforming stores, reworking the assortment and changing store formats.</p>
<div class="lb-trans"><p>自收购富乐客以来，迪克一直寻求利用其广泛的门店网络和独特的客户群体，同时也在努力关闭表现不佳的门店，重新调整商品组合并改变店铺格式。</p>
</div><p>It previously started a pilot program of 11 stores called &#34;Fast Break&#34; that tests changes in products and how they're showing up in stores, where Foot Locker sees the majority of its revenue. The pilot has been expanded to around 100 stores globally and those shops are seeing double-digit comparable sales growth and considerable improvements in merchandise margin.</p>
<div class="lb-trans"><p>它之前启动了一个名为 “快速突破” 的 11 家门店的试点项目，测试产品变化及其在门店的展示方式，富乐客在这里看到大部分收入。该试点已扩展至全球约 100 家门店，这些商店的可比销售增长达到两位数，商品利润率显著改善。</p>
</div><p>By the time the back-to-school season begins, the pilot will expand to 250 stores, with further additions planned ahead of the holiday shopping season.</p>
<div class="lb-trans"><p>到返校季开始时，试点将扩展到 250 家门店，并计划在假日购物季之前进一步增加。</p>
</div><p>By the end of the quarter, Foot Locker's total business, including Champs, WSS and Kids Foot Locker, had 2,483 stores globally.</p>
<div class="lb-trans"><p>截至本季度末，富乐客的总业务，包括 Champs、WSS 和 Kids Foot Locker，在全球拥有 2483 家门店。</p>
</div><p>Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.</p>
<div class="lb-trans"><p>选择 CNBC 作为您在谷歌上的首选来源，永远不会错过商业新闻中最值得信赖的名字的任何时刻。</p>
</div>

富乐客恢复了增长，但由于收益未达预期，拖累了迪克体育用品