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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
Public Lands store conversions to House of Sport
“three”
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
(4) Reflects stores converted between concept or prototype through store relocations (12) or remodels (10) as part of the Company's strategy to reposition its store portfolio. (5) Includes square footage as of February 1, 2025 related to five Public Lands store closures as we plan to convert three into DICK'S House of Sport and two into DICK'S Field House stores during fiscal 2025. (6) Columns may not recalculate due to rounding. Non-GAAP Financial Measures In addition to reporting the Company's financial results in accordance with generally accepted accounting principles ("GAAP"), the Company reports certain financial results that differ from what is reported under GAAP. These non-GAAP financial measures include non-GAAP gross margin, non-GAAP EBIT margin, non-GAAP EBT margin, non-GAAP net income, non-GAAP earnings per diluted share, net capital expenditures, fiscal 2023 net sales adjusted for the 53 rd week and free cash flow, which management believes provides investors with useful supplemental information to evaluate the Company’s ongoing operations and to compare with past and future periods. Furthermore, management believes that adjustments related to its deferred compensation plans enables investors to better understand its selling, general and administrative expense trends excluding non-cash changes in our deferred compensation plan investment fair values from market fluctuations that are offset within other income. Management also uses these non-GAAP measures inter
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.