Dick's Sporting Goods — Mar 10, 2025 release
Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001089063-25-000010
Showing in the filing
Earnings per diluted share effective tax rate assumption
“approximately 24%”
Period
FY2025
Measure
GAAP-tied
Source
Guidance table
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
Full Year 2025 Outlook The Company's Full Year Outlook for 2025 is presented below: Metric 2025 Outlook Earnings per diluted share ● $13.80 to 14.40 ○ Based on approximately 82 million diluted shares outstanding ○ Based on an effective tax rate of approximately 24% Net sales ● $13.6 billion to 13.9 billion Comparable sales ● Positive 1.0% to positive 3.0% Capital expenditures ● Approximately $1.2 billion on a gross basis ● Approximately $1.0 billion on a net basis Store Count and Square Footage The following table summarizes store activity for fiscal 2024: Beginning Stores New Stores Closed Stores Relocated / Converted (4) Ending Stores (in millions) Square Footage (5) (6) Beginning Ending DICK'S Sporting Goods (1) DICK'S 701 — (6) (17) 678 37.5 36.4 DICK'S Field House 11 4 — 11 26 0.6 1.5 DICK'S House of Sport 12 1 — 6 19 1.2 2.2 Total DICK'S Sporting Goods 724 5 (6) — 723 39.3 40.1 Other Specialty Concepts (1) Golf Galaxy (2) 104 5 — — 109 2.3 2.4 Going Going Gone! 17 4 — — 21 0.8 1.0 Other 10 1 (8) — 3 0.4 0.1 Total Other Specialty Concepts 131 10 (8) — 133 3.4 3.5 Total (3) 855 15 (14) — 856 42.7 43.6 (1) In some markets, we operate DICK’S Sporting Goods stores adjacent to our specialty concept stores on the same property with a pass-through for our athletes. We refer to this format as a “combo store” and include combo store openings within both the DICK’S Sporting Goods and specialty concept store reconciliations, as applicable. As of F
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.