Dick's Sporting Goods — Aug 24, 2026 release

(4) Includes Foot Locker International proforma comparable sales decreases of (3.3%) and (10.3%) for the 13 weeks ended August 1, 2026 and August 2, 2025, respectively, and decreases of (2.6%) and (9.6%) for the 26 weeks ended August 1, 2026 and August 2, 2025, respectively, which represents operations of the Foot Locker Business in Europe and Asia Pacific. 4                          Full Year 2026 Outlook The Company's Full Year Outlook for 2026 is presented below. Consolidated Outlook Metric Consolidated Full Year 2026 Outlook Net sales ● $21.9 billion to 22.2 billion Operating income ● $1.45 billion to 1.55 billion ● $1.46 billion to 1.56 billion on a non-GAAP basis (1) Earnings per diluted share ● $10.94 to 11.94 ○ Based on approximately 90 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 29% (2) ● $11.00 to 12.00 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 consolida