DICK'S Sporting Goods Achieves Milestones in Second Quarter, Increases 2025 Sales Outlook

DICK'S Sporting Goods Reports Second Quarter Financial Results

DICK'S Sporting Goods, Inc., a premier omni-channel retailer based in the United States, announced its impressive sales and earnings results for the second quarter ending August 2, 2025. The company recorded net sales of $3.647 billion, marking a 5% increase from the prior year's comparable period. Moreover, comparable sales rose by 5%, showcasing significant growth momentum.

Executive Chairman Ed Stack expressed enthusiasm for the results, highlighting that the company's long-term strategies and investments are paying off. The increase in sales reflects a combination of stronger average tickets and transactions. Importantly, DICK’S also announced an increase in its full-year guidance for 2025, raising expectations for comparable sales growth from a range of 1.0% to 3.0% to a new range of 2.0% to 3.5%.

President and CEO Lauren Hobart credited the company’s operational resilience and effective execution of its strategic plans for the successful quarter. DICK'S also opened one new House of Sport location and four new DICK'S Field House locations in this quarter, adding to its year-to-date total of three House of Sport openings and eight Field House openings.

For the second quarter, diluted earnings per share reached $4.71, up from $4.37 for the same period last year. Non-GAAP earnings per share also saw improvement, standing at $4.38 compared to $4.37 in the prior year.

The company’s total debt remains steady, and DICK'S has made significant investments in share repurchases, totaling nearly $300 million in stock buybacks for the 26 weeks ended August 2, 2025.

In its forward-looking statements, DICK'S anticipates closing the acquisition of Foot Locker, Inc., a pivotal deal valued at approximately $2.4 billion that aims to enhance DICK'S market positioning. This acquisition is expected to close on September 8, 2025, pending customary conditions.

As part of DICK'S commitment to growth, the updated outlook for 2025 indicates that net sales are projected between $13.75 billion and $13.95 billion, along with a full-year earnings per diluted share guidance now set at $13.90 to $14.50.

DICK'S Sporting Goods continues to actively pursue growth strategies that include investing in new store formats and expanding its digital presence. The company remains dedicated to inspiring athletes across the country and supporting community initiatives focusing on youth sports.

With a network comprising over 850 retail locations operating under various banners including Golf Galaxy and Public Lands, DICK'S Sporting Goods exemplifies strong growth potential in the retail sports market.

In conclusion, with the successful second-quarter results and an optimistic outlook for the future, DICK'S Sporting Goods is poised to further leverage its strategic initiatives and capitalize on its market strength as it moves towards the close of 2025.