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
Capital expenditures (net basis)
“Approximately $1.0 billion on a net basis”
Period
FY2025
Measure
Company-defined measure
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 February 1, 2025, the Company operated 14 combo stores. (2) As of February 1, 2025, includes 24 Golf Galaxy Performance Centers, with five new openings during fiscal 2024 that were converted from prior Go
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.