DKS

A month has gone by since the last earnings report for Five Below (FIVE). Shares have lost about 5.1% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Five Below due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important catalysts. Five Below reported impressive first-quarter fiscal 2026 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. Also, net sales and earnings increased year over year, supported by strong comparable sales growth driven by gains in both traffic and average ticket. FIVE posted adjusted earnings per share of $2.22 in the fiscal first quarter, which beat the Zacks Consensus Estimate of $1.70. Also, the figure surged 158% from 86 cents in the year-ago quarter. Net sales were $1,285.6 million, which increased 32.5% year over year from $970.5 million. Also, this metric surpassed the Zacks Consensus Estimate of $1,205 million. Comparable sales (comps) increased 22.7% year over year, surpassing our estimated growth of 15.6% growth. Comps growth was driven by a 4% increase in ticket and a 19% rise in transactions. Adjusted gross profit grew 46% year over year to $478.6 million from $328.4 million. The adjusted gross margin increased approximately 340 basis points (bps) year over year to 37.2%. The improvement was primarily driven by fixed-cost leverage from strong comparable sales growth, along with distribution efficiencies and a lower shrink accrual, which further supported profitability during the quarter. Selling, general and administrative (SG&A) costs stood at $324 million. While SG&A costs, as a percentage of net sales, decreased approximately 250 bps to 25.2%. The improvement was primarily driven by strong comparable sales growth, which enabled fixed costs to be spread across a larger revenue base. These benefits were partially offset by higher incentive compensation expenses and increased store labor costs associated with April's physical inventory counts. Adjusted operating income was $154.8 million, up 160% year over year from $59.6 million. The adjusted operating margin increased approximately 600 bps to 12%. The company opened 49 net new stores and ende...

It has been about a month since the last earnings report for Dick's Sporting Goods (DKS). Shares have added about 4.9% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Dick's due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important drivers. DICK'S Sporting posted first-quarter fiscal 2026 results, wherein the top line beat the Zacks Consensus Estimate and increased year over year. However, earnings missed the consensus mark and declined from the prior-year quarter. The company delivered a strong fiscal first-quarter fiscal 2026 performance, with net sales rising sharply year over year and beating the Zacks Consensus Estimate, supported by continued momentum in the core DICK’S business and contributions from the Foot Locker acquisition. However, profitability was softer, as non-GAAP earnings declined from the prior-year quarter and missed estimates despite healthy comparable sales growth across the business.The company reported adjusted earnings of $2.90 per share in the fiscal first quarter, lagging the Zacks Consensus Estimate of $2.91 and declining from $3.37 recorded in the year-ago quarter. Net sales of $5.17 billion increased 62.7% year over year and surpassed the consensus estimate of $5.06 billion. The upside was driven by the addition of the Foot Locker business, along with continued strength in the core DICK’S business. Consolidated comps for DICK'S Business grew 6% year over year, on growth in average ticket and transactions and broad-based momentum across footwear, apparel and hardlines.Results reflected the inclusion of the Foot Locker business and the dilutive impact of shares issued for the acquisition, while core demand stayed healthy. Pro forma consolidated comparable sales increased 4.1% in the quarter. Gross profit rose 44.5% year over year to $1.68 billion but the gross margin contracted 411 bps.The SG&A expense rate of 22.5% fell 220 bps year over year. SG&A expenses, in dollar terms, grew almost 48.2% year over year to $1.16 billion. DICK’S Sporting ended the fiscal first quarter with cash and cash equivalents of $998.3 million. Inventories totaled $5.42 billion, up 52%, reflecting t...

Dick's has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 6.8% to $224.38 per share while the index has gained 10.9%. Is now the time to buy DKS? Find out in our full research report, it’s free. Started as a hunting supply store, Dick’s Sporting Goods (NYSE:DKS) is a retailer that sells merchandise for traditional sports as well as for fitness and outdoor activities. The number of stores a retailer operates is a critical driver of how quickly company-level sales can grow. Dick's sported 3,115 locations in the latest quarter. Over the last two years, it has opened new stores at a rapid clip by averaging 99.6% annual growth, among the fastest in the consumer retail sector. When a retailer opens new stores, it usually means it’s investing for growth because demand is greater than supply, especially in areas where consumers may not have a store within reasonable driving distance. Same-store sales is a key performance indicator used to measure organic growth at brick-and-mortar shops for at least a year. Dick’s demand has been spectacular for a retailer over the last two years. On average, the company has increased its same-store sales by an impressive 3.6% per year. Gross profit margins are an important measure of a retailer’s pricing power, product differentiation, and negotiating leverage. Dick's has bad unit economics for a retailer, signaling it operates in a competitive market and lacks pricing power because its inventory is sold in many places. As you can see below, it averaged a 34.6% gross margin over the last two years. Said differently, Dick's had to pay a chunky $65.43 to its suppliers for every $100 in revenue. Dick’s merits more than compensate for its flaws, but at $224.38 per share (or 15× forward P/E), is now the right time to buy the stock? See for yourself in our in-depth research report, it’s free. ONE MORE THING: Top 5 Growth Stocks. The biggest stock winners almost always had one thing in common before they ran. Revenue growing like crazy. Meta. CrowdStrike. Broadcom. Our AI flagged all three. They returned 315%, 314%, and 455%, respectively. Find out which 5 stocks it’s flagging this month — FREE. Get Our Top 5 Growth Stocks for Free HERE. Stocks that have made our list include now familiar names such as Nvidia (+1,326% between June 2020 and June 2025) as well a...

Investors were disappointed with the weak earnings posted by DICK'S Sporting Goods, Inc. (NYSE:DKS ). However, our analysis suggests that the soft headline numbers are getting counterbalanced by some positive underlying factors. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. To understand the value of a company's earnings growth, it is imperative to consider any dilution of shareholders' interests. In fact, DICK'S Sporting Goods increased the number of shares on issue by 12% over the last twelve months by issuing new shares. As a result, its net income is now split between a greater number of shares. To celebrate net income while ignoring dilution is like rejoicing because you have a single slice of a larger pizza, but ignoring the fact that the pizza is now cut into many more slices. You can see a chart of DICK'S Sporting Goods' EPS by clicking here. Unfortunately, DICK'S Sporting Goods' profit is down 17% per year over three years. And even focusing only on the last twelve months, we see profit is down 22%. Like a sack of potatoes thrown from a delivery truck, EPS fell harder, down 26% in the same period. Therefore, the dilution is having a noteworthy influence on shareholder returns. In the long term, if DICK'S Sporting Goods' earnings per share can increase, then the share price should too. However, if its profit increases while its earnings per share stay flat (or even fall) then shareholders might not see much benefit. For that reason, you could say that EPS is more important that net income in the long run, assuming the goal is to assess whether a company's share price might grow. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Alongside that dilution, it's also important to note that DICK'S Sporting Goods' profit suffered from unusual items, which reduced profit by US$436m in the last twelve months. While deductions due to unusual items are disappointing in the first instance, there is a silver lining. We looked at thousands of listed companies and found that unusual items are very often one-off in nature. And that's hardly a surprise given these line items are considered unusual. If DICK'S Sporting Goods doesn't see those unus...

Adobe ADBE is set to report its second-quarter fiscal 2026 results on June 11.For the second quarter of fiscal 2026, Adobe expects total revenues between $6.43 billion and $6.48 billion. The company expects fiscal second-quarter non-GAAP earnings per share between $5.85 and $5.90.The Zacks Consensus Estimate for revenues is pegged at $6.46 billion, suggesting growth of 9.94% from the year-ago quarter’s reported figure. The consensus mark for earnings has been unchanged at $5.83 per share over the past 30 days, indicating 15.22% growth from the figure reported in the year-ago quarter.ADBE’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 2.46%. Adobe Inc. price-eps-surprise | Adobe Inc. Quote Let us see how things have shaped up for ADBE stock prior to this announcement. Adobe’s fiscal second quarter is expected to have benefited from accelerating adoption and integration of AI-driven products across its portfolio.Adobe’s leadership has emphasized that its AI-first offerings, such as Firefly, Acrobat AI Assistant and GenStudio, are experiencing rapid growth across both individual and enterprise segments. In the first quarter of fiscal 2026, ARR from these AI-first applications more than tripled year over year, and generative credit consumption grew over 45% quarter over quarter. This momentum is expected to have continued, as more users and organizations embed AI into their creative and productivity workflows, driving both usage and monetization in the to-be-reported quarter.Enterprise demand for content automation and customer experience orchestration is also expected to have driven growth in the to-be-reported quarter. Adobe’s solutions, such as Firefly Enterprise and GenStudio, are enabling large brands to scale content production and personalize customer experiences at unprecedented levels. In the first quarter of fiscal 2026, Firefly Enterprise’s new customer acquisition grew 50% year over year, and Adobe Experience Platform and related apps saw over 30% year-over-year subscription revenue growth.In the second quarter of fiscal 2026, Adobe expects Business Professionals and Consumers’ subscription revenues between $1.80 billion and $1.82 billion. Creative and Marketing Professionals’ subscription revenues are expected to be between $4.41 billion and $4.44 billion.However, Adobe faces stiff comp...

Dick’s Sporting Goods’ first quarter drew a negative market reaction, with shares falling 5.3% after results. Management attributed the quarter’s performance to broad-based strength across footwear, apparel, and hardlines, along with growing participation in youth sports and increased demand for both performance and lifestyle segments. CEO Lauren Hobart emphasized that consumer behavior remained healthy across all income demographics, stating, “We saw more athletes purchase from us with more frequent purchases and they spend more each trip compared to the prior year.” Margins, however, were pressured as the integration of Foot Locker contributed to a lower consolidated operating margin. Is now the time to buy DKS? Find out in our full research report (it’s free). Revenue: $5.16 billion vs analyst estimates of $5.06 billion (62.7% year-on-year growth, 2.1% beat) Adjusted EPS: $2.90 vs analyst estimates of $2.91 (in line) The company reconfirmed its revenue guidance for the full year of $22.25 billion at the midpoint Management reiterated its full-year Adjusted EPS guidance of $14 at the midpoint Operating Margin: 9.8%, down from 11.5% in the same quarter last year Locations: 3,115 at quarter end, up from 885 in the same quarter last year Same-Store Sales rose 4.1% year on year, in line with the same quarter last year Market Capitalization: $19.21 billion While we enjoy listening to the management’s commentary, our favorite part of earnings calls is the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Simeon Gutman (Morgan Stanley) asked what drove the strong Dick’s comp growth and if any one-time benefits were present; CEO Lauren Hobart emphasized broad-based, sustainable momentum across all categories and customer segments, not any single factor. Gutman (Morgan Stanley) followed up on margin flow-through; Hobart explained that operating leverage and margin expansion are expected later in the year as investments in marketing and store openings shift to the second half. Brian Nagel (Oppenheimer) pressed for details on the Foot Locker turnaround and Fast Break remodels; Executive Chairman Ed Stack described improved vendor relationships, cleaner assortments, and double-digit comps at Fast Break stores as evidence of pr...

DICK’S Sporting Goods DKS used its first-quarter 2026 earnings call to reinforce a familiar message: the core banner is still gaining share, and management believes that Foot Locker is now showing early proof that its turnaround plan is working. That confidence showed up less in headline earnings, wherein adjusted earnings per share (EPS) of $2.90 missed the Zacks Consensus Estimate of $2.91 by 0.34%, than in guidance changes and management’s tone around demand, margins and store productivity. Notably, revenues of $5.17 billion beat the consensus estimate of $5.06 billion by 2%. DICK'S Sporting Goods, Inc. price-consensus-eps-surprise-chart | DICK'S Sporting Goods, Inc. Quote President and CEO Lauren Hobart said the DICK’S Sporting business posted 6% comps growth, driven by gains in both average ticket and transactions. She described the quarter as broad-based, with footwear, apparel and hardlines all contributing. Hobart also stressed that demand remained healthy across income cohorts, adding that the company did not see customers trading down. In Q&A, she tied that resilience to product newness, technical innovation and a more elevated store experience. That backdrop gave management room to raise the low end of the full-year comps guidance for the DICK’S Sporting business to 2.5-4% from 2-4% previously. CFO Navdeep Gupta said that the outlook for full-year non-GAAP earnings per share stands at $13.50-$14.50, even after a higher projected tax rate reduced the annual outlook by $0.25. The more notable shift was inside the guidance. DICK’S Sporting raised the low end of the comparable sales (comps) expectations for both the legacy business and Foot Locker, but left the upper ends unchanged, reflecting confidence in execution, alongside caution on the macro and geopolitical backdrop. Hobart and Gupta both pointed to a year that remains back-half weighted for profit flow-through. The company expects the most pressure in the second quarter because of World Cup-related marketing, pre-opening expenses and other planned investments. Executive chairman Ed Stack made Foot Locker the earnings call’s most forward-looking theme. He said that the acquired business returned to positive pro-forma comps and profitability in the quarter, with 0.6% comp growth overall and a 1.4% rise in North America. Management’s clearest proof point was the Fast Break remodel program. Stack...

Dick's Sporting Goods (DKS) came out with quarterly earnings of $2.9 per share, missing the Zacks Consensus Estimate of $2.91 per share. This compares to earnings of $3.37 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -0.30%. A quarter ago, it was expected that this sporting goods retailer would post earnings of $3.36 per share when it actually produced earnings of $4.05, delivering a surprise of +20.54%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Dick's, which belongs to the Zacks Retail - Miscellaneous industry, posted revenues of $5.16 billion for the quarter ended April 2026, surpassing the Zacks Consensus Estimate by 2.00%. This compares to year-ago revenues of $3.17 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Dick's shares have added about 17.8% since the beginning of the year versus the S&P 500's gain of 9.8%. While Dick's has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Dick's was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong B...

Image source: The Motley Fool. May 27, 2026 Executive Chairman — Edward W. Stack President and Chief Executive Officer — Lauren R. Hobart Executive Vice President, Chief Financial Officer — Navdeep Gupta Operator Need a quote from a Motley Fool analyst? Email [email protected] Edward Stack: Thanks, Nate. Good morning, everyone. We delivered a very strong first quarter, and I want to thank our more than 100,000 teammates around the globe for their commitment and execution. Sport is one of the hottest categories in the country today. We're in the middle of a real sports moment and the intersection of sporting culture has never been stronger. You see it everywhere. From rising valuation to professional sports teams, to the level of investment from streaming platforms and networks, and the strong demand from advertisers to be a part of live sports. Looking ahead, with major global events like the 2026 World Cup and the 2028 Summer Olympics in L.A., we're entering one of the most exciting multiyear periods for sport in this country's history making it an incredibly powerful and compelling platform for consumer engagement today. This environment plays directly to our strengths and DICK'S is leading from the front across our stores, our digital capabilities and our now expanded global reach, we are connecting with athletes in more ways and with more relevance than at any point in our history. What sets us apart is our ability to create and maintain that connection across performance, lifestyle and culture throughout the DICK's ecosystem. House of Sport and Field House are reshaping what retail can be and redefining how brands come to life. GameChanger keeps us deeply embedded in youth sports, unlocking new levels of opportunity and partnership. Golf Galaxy reinforces our leadership in a category with strong participation and rising cultural relevance. And with Foot Locker, we reach a different consumer connected deeply with sneaker culture, basketball and lifestyle and extend our influence even further. That's why the best and most exciting sports brands in the world want to partner with us, not just to sell product, but to launch ideas, tell stories and scale concepts globally during the most important moments in sports. And that's why ethylene engagement with us continues to grow. We're investing in our business from a position of strength. We're playing offense for th...

Dick’s Sporting Goods narrowly cleared the bar for the first quarter but a cut in its full-year earnings outlook and cautious guidance sent shares sliding Wednesday. The Pennsylvania-based retailer posted first-quarter adjusted earnings of $2.90 a share, a touch above analysts’ calls for $2.89. Although the company raised the low end of its full-year comparable sales outlook for both the Dick’s and Foot Locker franchises, Dick’s now sees earnings of $13.27 to $14.27 a share, compared with a prior range of $13.70 to $14.70.

Dick's Sporting Goods (DKS) reported fiscal Q1 non-GAAP earnings Wednesday of $2.90 per diluted shar

This article first appeared on GuruFocus. Consolidated Net Sales: Increased 62.7% to $5.16 billion. DICK'S Business Comp Sales Growth: 6% increase. Foot Locker Business Comp Sales Growth: 0.6% increase, with North America up 1.4% and US Foot Locker banner up 6.4%. Consolidated Non-GAAP Gross Profit: $1.73 billion or 33.42% of net sales. Consolidated Non-GAAP Operating Income: $378.4 million or 7.33% of net sales. Consolidated Non-GAAP Earnings Per Diluted Share: $2.90. Cash and Cash Equivalents: Approximately $1 billion. Inventory: $5.42 billion. Net Capital Expenditures: $289 million. Share Repurchases: 719,000 shares for $141 million at an average price of $196.38. Full Year Non-GAAP Earnings Per Diluted Share Guidance: $13.50 to $14.50. Full Year Comp Sales Growth Guidance for DICK'S: 2.5% to 4%. Full Year Comp Sales Growth Guidance for Foot Locker: 1.5% to 3%. Net Capital Expenditures Guidance: Approximately $1.4 billion for the full year. Warning! GuruFocus has detected 9 Warning Signs with DKS. Is DKS fairly valued? Test your thesis with our free DCF calculator. Release Date: May 27, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Dick's Sporting Goods Inc (NYSE:DKS) reported a strong first quarter with a 6% increase in comparable sales, driven by growth in average ticket and transactions. The company is benefiting from the intersection of sports and culture, with strong engagement from younger athletes and no signs of trading down across income demographics. The acquisition of Foot Locker is showing positive early results, with the US Foot Locker banner achieving a 6.4% comp growth. The Fast Break initiative at Foot Locker is performing well, with double-digit comps in Q1, reinforcing the capital-light remodel strategy. Dick's Sporting Goods Inc (NYSE:DKS) is raising the low end of its full-year comp sales expectations for both the DICK'S and Foot Locker businesses, reflecting confidence in their strategic initiatives. Consolidated non-GAAP gross profit margin declined by 328 basis points year-over-year, primarily due to the mix impact from the Foot Locker business. The company experienced a 68.4% increase in SG&A expenses, driven by investments in digital and in-store initiatives, leading to an 88 basis point deleverage. The Foot Locker business is still in the early stages of its turnaround,...