Dick's Sporting Goods — May 26, 2026 release

Consolidated Outlook Metric Consolidated Full Year 2026 Outlook Net sales ● $22.1 billion to 22.4 billion Operating income ● $1.69 billion to 1.81 billion ● $1.71 billion to 1.83 billion on a non-GAAP basis (1) Earnings per diluted share ● $13.27 to 14.27 ○ Based on approximately 90.5 million diluted shares outstanding, which includes the dilutive impact of the 9.6 million shares issued in connection with the Foot Locker acquisition ○ Based on an effective tax rate of approximately 27% (2) ● $13.50 to 14.50 on a non-GAAP basis (1) Capital expenditures ● Approximately $1.6 billion on a gross basis ● Approximately $1.4 billion on a net basis (1) Refer to the section of this release titled "Non-GAAP Financial Measures" and GAAP to non-GAAP reconciliations included in tables later in this release under the heading "GAAP to Non-GAAP Reconciliations." (2) Effective tax rate includes the unfavorable mix of our earnings in foreign jurisdictions and the effect of purchase accounting adjustments, particularly in Europe, where losses do not currently generate a tax benefit due to valuation allowances. Segment Outlook The Company is providing the following segment outlook for the DICK’S and Foot Locker Businesses to provide visibility into segment-level performance that is included in the consolidated outlook above. The information below does not include corporate and other activities, which for fiscal 2026, primarily include income received as part of litigation and other settlements, partially offset by Foot Locker acquisition-related costs. Metric Full Year 2026 Outlook DICK'S Business Foot Locker Business Net sales ● $14.5 billion to 14.7 billion ● $7.6 billion to 7.7 b