Dick's Sporting Goods, Inc. (NYSE:DKS) Quarterly Earnings Preview

• Dick's Sporting Goods has exceeded Wall Street's expectations for revenue and earnings in its fiscal second quarter, reporting a net income of $381 million.
• The company has raised its full-year sales and earnings guidance, now anticipating comparable sales growth between 2% and 3.5%.
• Morgan Stanley analyst Simeon Gutman has set a new price target for NYSE:DKS at $253, suggesting a potential increase of 20.27% from its current trading price.

Dick's Sporting Goods (NYSE:DKS), a leading retailer in the sporting goods industry, competes with major retailers like Foot Locker and Academy Sports + Outdoors. Recently, Simeon Gutman from Morgan Stanley set a new price target for DKS at $253, suggesting a potential increase of 20.27% from its current trading price of $210.36.

The company has recently exceeded Wall Street's expectations for both revenue and earnings in its fiscal second quarter. Dick's Sporting Goods reported a net income of $381 million, or $4.71 per share, compared to $362 million, or $4.37 per share, in the same period last year. This strong performance has led the company to raise its full-year sales and earnings guidance.

The company now anticipates comparable sales growth between 2% and 3.5%, an increase from the previous forecast of 1% to 3%. This new guidance surpasses analyst estimates of 2.9%, as highlighted by StreetAccount. Additionally, Dick's has adjusted its earnings per share expectations to a range of $13.90 to $14.50, up from the earlier range of $13.80 to $14.40, with analysts predicting $14.39 per share according to LSEG.

In the three-month period ending August 2, sales increased to $3.65 billion, marking a 5% rise from $3.47 billion in the previous year. Despite the positive financial results, the current stock price of DKS is $210.87, reflecting a decrease of 1.96% or $4.21. Today, the stock has fluctuated between a low of $209.30 and a high of $219.95.

Over the past year, DKS has reached a high of $254.60 and a low of $166.37. The company's market capitalization stands at approximately $16.89 billion, with a trading volume of 623,950 shares on the NYSE. This performance and the new price target set by Morgan Stanley indicate a positive outlook for Dick's Sporting Goods.

DICK'S Sporting Goods, Inc. (NYSE: DKS) is a prominent sporting goods retailer in the U.S., with a strong presence in the eastern region. The company offers a diverse range of products, from sporting equipment to apparel, and operates 730 stores under various brand names. DICK'S also has a significant e-commerce platform, enhancing its market reach.

The current consensus price target for DKS is not explicitly stated, but historical data shows a slight increase from $216.25 last quarter to $220 last month. This suggests a modest positive sentiment among analysts in the short term. However, Telsey Advisory's Joseph Feldman has set a lower price target of $160, indicating a more cautious outlook.

Over the past year, the average price target for DKS has decreased from $229.21 to $220. This decline may reflect changes in market conditions or company performance. Despite strong comparable store sales and digital segment gains, there is a possibility of declining earnings, as highlighted by Telsey Advisory.

The quarterly change in the average price target, from $216.25 last quarter to $220 last month, suggests a slight positive shift in analyst sentiment. However, the yearly decrease from $229.21 to $220 indicates a more conservative outlook over the longer term. This mixed sentiment could be due to market dynamics or competitive pressures.

Investors should consider these trends alongside other financial metrics and market conditions when evaluating DKS as a potential investment. With the company preparing to release its second-quarter results, there is anticipation of sales growth, but potential earnings decline. This highlights the importance of staying informed on recent company news and industry developments.

• DICK'S Sporting Goods, Inc. (NYSE:DKS) is focusing on digital initiatives like the GameChanger platform and Dick's Media Network to drive growth.
• Despite a recent stock sale by an executive, DKS's stock has risen by approximately 8.1% since the last earnings report, outperforming the S&P 500.
• The company's digital transformation and omnichannel strategy are key to its future, with a Buy rating and a price target of $209.

DICK'S Sporting Goods, Inc. (NYSE:DKS) is a prominent player in the sports retail industry, known for its wide range of sporting goods and apparel. The company is actively enhancing its digital presence through initiatives like the GameChanger platform and Dick's Media Network, which are key to its growth strategy. These efforts aim to strengthen its omnichannel presence and engage customers beyond traditional retail experiences.

On June 27, 2025, Lodge-Jarrett Julie, the Executive Vice President and Chief People & Purpose Officer, sold 1,026 shares of DKS at $203.50 each. This transaction leaves her with 18,139 shares. Despite this sale, DKS's stock has shown resilience, rising by approximately 8.1% since the last earnings report, outperforming the S&P 500, as highlighted by Zacks.

DKS's recent stock performance is noteworthy, but estimates have been revised downward. The company holds a Growth Score of D and a Momentum Score of F, but a B grade for value, placing it in the second quintile for value investment strategies. Its overall VGM Score is C. Despite these scores, the company's digital transformation and omnichannel strategy are driving growth.

The company's digital initiatives, such as the GameChanger platform and Dick's Media Network, are unlocking high-margin revenue streams. These efforts are part of a broader strategy to expand margins and leverage synergies from its deal with Foot Locker. This strategy has led to a Buy rating and a price target of $209, driven by expected earnings growth and potential for re-rating.

Currently, DKS's stock is priced at $202.82, reflecting a 3.54% increase. The stock has fluctuated between $202.22 and $206.58 today, with a market capitalization of approximately $16.24 billion. The company's focus on digital growth and omnichannel strategies positions it as a leading player in the sports retail industry.

• Bank of America Securities upgraded Dick's Sporting Goods (NYSE:DKS) to a "Buy" with a stock price around $179.19.
• Earnings miss in the first quarter did not deter the stock's rise, with a current price reflecting a 1.29% increase.
• Strong fundamentals with over 4% comparable sales growth for five consecutive quarters and full-year earnings guidance of $13.80-$14.40 per share.

Dick's Sporting Goods (NYSE:DKS) is a leading retailer in the sporting goods industry, offering a wide range of sports equipment, apparel, and footwear. The company competes with other major retailers like Foot Locker and Academy Sports + Outdoors. On May 29, 2025, Bank of America Securities upgraded its rating for DKS to a "Buy," with the stock priced at around $179.19.

Despite an earnings miss in the first quarter, DKS shares rose in early trading, as highlighted by Benzinga. Analyst Christopher Horvers from JPMorgan maintained a Neutral rating but lowered the price target from $224 to $195. The stock's current price is $179.40, reflecting a 1.29% increase, with a trading range today between $175.78 and $180.96.

DKS has shown strong fundamentals, achieving over 4% comparable sales growth for five consecutive quarters, with a recent +4.8% increase. This growth is driven by both ticket and traffic strength. Management remains confident, maintaining full-year guidance of 1%-3% comparable sales growth and earnings of $13.80-$14.40 per share.

The acquisition of Foot Locker Inc. is seen as an "overhang" by analysts, but DKS's strategic initiatives and operational strength are expected to navigate the complex macro environment. The company's market capitalization is approximately $14.38 billion, with a trading volume of 1,327,315 shares on the NYSE. Over the past year, DKS has seen a high of $254.60 and a low of $166.37.

Dick’s Sporting Goods (NYSE:DKS) reported first-quarter results that beat Wall Street expectations, posting record sales and strong comparable store growth.

The company delivered adjusted earnings per share of $3.37 for the quarter, 2025, ahead of the $3.20 consensus. Revenue rose 5.2% year-over-year to $3.17 billion, surpassing analyst estimates of $3.12 billion.

Comparable store sales grew 4.5% year-over-year, the fifth straight quarter of 4%+ gains, driven by increases in both average ticket size and transaction volume.

Dick’s reaffirmed its full-year 2025 guidance, projecting EPS between $13.80 and $14.40 and revenue in the range of $13.6 billion to $13.9 billion. Same-store sales are expected to rise between 1% and 3%.

• The consensus price target for DICK'S Sporting Goods, Inc. (NYSE: DKS) has been lowered from last year's $243.3 to $202, indicating a more conservative outlook from analysts.
• Recent acquisition of Foot Locker and market conditions, including the impact of tariffs, are key factors influencing analysts' revised expectations.
• Despite the downward revision in price targets, DKS is expected to surpass earnings estimates in its upcoming report, maintaining a strong track record of performance.

DICK'S Sporting Goods, Inc. (NYSE: DKS) is a leading retailer in the sporting goods industry, offering a wide range of products from sports equipment to apparel. Over the past year, the consensus price target for DKS has shifted significantly. Last month, analysts set the average price target at $202, reflecting a more conservative outlook. This is a decrease from the previous quarter's target of $219.75 and a notable drop from last year's target of $243.3.

The downward trend in price targets suggests analysts are becoming more cautious about DKS's future performance. This shift may be influenced by recent developments, such as the company's acquisition of Foot Locker. This acquisition has led to several price target reductions, with Telsey Advisory's analyst Joseph Feldman setting a new target of $160. This indicates a more conservative view on the stock's potential.

Recent earnings reports and market conditions also play a role in shaping analysts' expectations. As highlighted by Caroline Woods, the acquisition's impact on upcoming earnings is a key focus. Retail earnings reports this week are expected to provide insights into the effects of tariffs on the industry, which could further influence analysts' outlook on DKS.

Despite the challenges, DKS is anticipated to surpass earnings estimates in its upcoming report. The company has a strong track record of exceeding expectations, and analysts believe it has the right combination of factors for an earnings beat. Investors are closely watching the upcoming earnings release to assess the company's financial performance and potential stock movements.

As DKS prepares to announce its first-quarter earnings results, investors are encouraged to consider the factors influencing the changing price targets. Understanding these elements can help align investment strategies with the evolving outlook for DKS.