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Dick's Sporting Goods — Mar 10, 2025 release

Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001089063-25-000010
Open on SEC.gov ↗
Showing in the filing
Additional DICK'S Field House locations planned
“approximately 18”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 15
Additional House of Sport locations planned for FY2025
“approximately 16”
Additional DICK'S Field House locations plan… for FY2025
“approximately 18”
Comparable sales growth for FY2025
“1.0% to 3.0%”
New share repurchase program
“up to $3 billion”
Share repurchase program
“up to $3 billion”
Quarterly dividend for FY2025
“$1.2125 per share”
Annualized dividend for FY2025
“$4.85 per share”
Continuation of previous share repurchase pr…
“previously announced five-year $2 billion share repurchase program”
Earnings per diluted share for FY2025
“$13.80 to 14.40”
Earnings per diluted share diluted shares ou… for FY2025
“approximately 82 million”
Earnings per diluted share effective tax rat… for FY2025
“approximately 24%”
Net sales for FY2025
“$13.6 billion to 13.9 billion”
Capital expenditures (gross basis) for FY2025
“Approximately $1.2 billion on a gross basis”
Capital expenditures (net basis) for FY2025
“Approximately $1.0 billion on a net basis”
Public Lands store conversions to House of S… for FY2025
“three”
Exhibit 99.1 · the passage around this item
… earlier in the release
023 results included approximately $0.19 for the 53 rd week ● Opened seven House of Sport locations and 15 DICK'S Field House locations during 2024; Plans to open approximately 16 additional House of Sport locations and approximately 18 additional DICK'S Field House locations in 2025 ● Provides 2025 outlook and expects full year comparable sales growth to be in the range of 1.0% to 3.0% and earnings per diluted share to be in the range of $13.80 to 14.40 ● Board of Directors authorizes a 10% increase in quarterly dividend and new five-year share repurchase program of up to $3 billion "The convergence of sport and culture in our country has never been stronger, and with a series of major sporting events set to take place in the U.S., this momentum is only expected to grow through 2030 and beyond. As a company rooted in sport, DICK’S is uniquely positioned to seize this opportunity, and we are making strategic investments in real estate, in-store enhancements, and digital experiences to further expand our market share." Ed Stack, Executive Chairman "Our fourth quarter was an exceptionally strong finish to another great year. With a 6.4% Q4 comp we delivered the largest sales quarter in Company history. For the full year, our comps increased 5.2%, we drove meaningful EBT margin expansion, and we gained significant market share. I'd like to thank all our teammates for their hard work and unwavering dedication to our
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.