While reporting financial results for the fourth quarter on Tuesday, sporting goods retailer DICK'S Sporting Goods Inc. (DKS) initiated its earnings, adjusted earnings, net sales and same store sales growth guidance for the full-year 2026.
For fiscal 2026, the company now projects earnings in a range of $13.70 to 14.70 per share and adjusted earnings in a range of $13.50 to 14.50 per share on net sales between $22.1 billion and $22.4 billion.
Net sales for the DICK'S business are seen between $14.5 billion and 14.7 billion, with consolidated same store sales growth of 2 to 4 percent, and Foot Locker business between $7.6 billion and 7.7 billion, with consolidated same store sales growth of 1 to 3 percent.
On Wednesday, the Company's Board of Directors authorized and declared a 3 percent higher quarterly dividend in the amount of $1.25 per share on the Company's common stock and Class B common stock, payable in cash on April 10, 2026 to stockholders of record at the close of business on March 27, 2026.
In Thursday's pre-market trading, DKS is trading on the NYSE at $200.00, up $4.51 or 2.31 percent.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.