Dick’s Sporting Goods slips after disappointing revenue guidance outweighs earnings beat

Dick’s Sporting Goods posted earnings that beat Wall Street expectations and boosted its guidance for the year.

The company reported adjusted earnings per share of $4.38, more than the $4.30 analysts polled by FactSet were expecting. Sales were $3.6 billion, slightly higher than analysts were anticipating, and same-store sales grew 5%, more than the 3.4% the Street was penciling in.

Dick’s also raised its annual EPS guidance to a range of $13.90 to $14.50 from $13.80 to $14.40, compared to the $14.05 analysts are expecting. That raise “includes the expected impact from all tariffs currently in effect,” the company said.

Analysts at Telsey Advisory Group attributed some of the sales growth to “on-trend footwear brands, like On and Hoka, as well as a strong private label apparel portfolio,” among other things. “Dick’s continues to operate well in a choppy retail environment, and 2Q25 saw improved momentum across the business, with growth in both transactions and ticket,” they wrote.