Dick's Sporting Goods — Nov 24, 2025 release
Fiscal 2026 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001089063-25-000112
Showing in the filing
Foot Locker Business operating profit
“slightly negative”
Period
Q4 FY2025
Measure
GAAP-tied
Source
Prose
All guidance in this release · 17
Comparable sales growth (DICK'S Business) for FY2025
“3.5% to 4.0%”
Future pre-tax charges
“$500 to 750 million”
Future pre-tax charges from unproductive ass…
“$500 to 750 million”
Quarterly dividend
“$1.2125 per share”
Earnings per diluted share (DICK'S Business) for FY2025
“$14.25 to 14.55”
Earnings per diluted share diluted shares ou… for FY2025
“approximately 81 million”
Weighted average diluted shares outstanding for FY2025
“approximately 81 million”
Earnings per diluted share effective tax rat… for FY2025
“approximately 24%”
Effective tax rate for FY2025
“approximately 24%”
Net sales for FY2025
“$13.95 billion to 14.0 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”
Foot Locker Business gross margin (vs. prior… for Q4 FY2025
“down between 1,000 to 1,500 basis points”
Foot Locker Business pro-forma comp sales for Q4 FY2025
“down mid- to high-single digits”
Foot Locker Business operating profit for Q4 FY2025
“slightly negative”
Effective tax rate for Q4 FY2025
“Approximately 29%”
Weighted average diluted shares outstanding for Q4 FY2025
“Approximately 91 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
Excluding the one-time costs associated with the Company’s actions to address unproductive assets, including the optimization of inventory and the closure of underperforming stores, the Company expects Q4 2025 operating profit for Foot Locker to be slightly negative. Consolidated Q4 2025 Outlook Metric Consolidated Q4 2025 Outlook Effective tax rate ● Approximately 29% Weighted average diluted shares outstanding ● Approximately 91 million ○ Includes the dilutive impact of the 9.6 million shares issued in connection with the Foot Locker acquisition 4 DICK'S SPORTING GOODS, INC. AND SUBSIDIARIES SUPPLEMENTAL FINANCIAL INFORMATION - UNAUDITED (In thousands) Information below includes operating results for the periods presented for the DICK'S and Foot Locker Businesses. The operating results for Foot Locker are included from the acquisition date of September 8, 2025. 13 Weeks Ended 39 Weeks Ended November 1, 2025 November 2, 2024 November 1, 2025 November 2, 2024 Net sales DICK'S Sporting Goods $ 3,236,860 $ 3,057,181 $ 10,058,153 $ 9,549,200 Foot Locker 930,913 — 930,913 — Total net sales $ 4,167,773 $ 3,057,181 $ 10,989,066 $ 9,549,200 Gross profit DICK'S Sporting Goods $ 1,166,573 $ 1,093,444 $ 3,682,930 $ 3,464,438 Foot Locker 214,287 — 214,287 — Total gross profit $ 1,380,860 $ 1,093,444 $ 3,897,217 $ 3,464,438 Business profit DICK'S Sporting Goods $ 288,571 $ 289,520 $ 1,123,932 $ 1,104,562 Foot Locker (46,328) —
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.