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
Quarterly dividend
“$1.2125 per share”
Period
FY2025
Measure
Declared action
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
(8) The Company declared and paid quarterly dividends of $1.10 per share in fiscal 2024 and $1.00 per share in fiscal 2023. (9) Column may not recalculate due to rounding. Quarterly Dividend On March 10, 2025, the Company's Board of Directors authorized and declared a quarterly dividend in the amount of $1.2125 per share on the Company's Common Stock and Class B Common Stock. The dividend is payable in cash on April 11, 2025 to stockholders of record at the close of business on March 28, 2025. This dividend represents an increase of 10% over the Company’s previous quarterly per share amount and is equivalent to an annualized dividend of $4.85 per share. Share Repurchase Program On March 10, 2025, the Company's Board of Directors authorized a new five-year share repurchase program of up to $3 billion of the Company's common stock. The Company plans to continue to purchase under the previously announced five-year $2 billion share repurchase program, authorized on December 16, 2021, until it is exhausted or expired. 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 F
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.