DKSNYSERetail-Miscellaneous Shopping Goods StoresUS GAAP · USD

Dick's Sporting Goods Inc

DICK'S Sporting Goods is a U.S.-based omni-channel sporting goods retailer that sells sports equipment, apparel, footwear, and accessories through stores, eCommerce, and mobile apps. Its portfolio includes DICK'S Sporting Goods, Golf Galaxy, Public Lands, Going Going Gone!, House of Sport, Golf Galaxy Performance Center, and the GameChanger youth sports platform; it also owns Foot Locker and related sneaker banners.

Revenue17.2bn USD
+0.0 %y/y
Operating profit (EBIT)1,096m USD
+0.0 %y/y
EBIT margin6.4%
+0.0 ppy/y
Net income849m USD
+0.0 %y/y
Free cash flow400m USD
+0.0 %y/y

Fiscal year 2026 · change from previous year

Development 2021–2026

05101520bn USD2021: 12.3 bn USD2021: EBIT 2.0 bn USD20212022: 12.4 bn USD2022: EBIT 1.5 bn USD20222023: 13.0 bn USD2023: EBIT 1.3 bn USD20232024: 13.4 bn USD2024: EBIT 1.5 bn USD20242025: 17.2 bn USD2025: EBIT 1.1 bn USD20252026: 17.2 bn USD2026: EBIT 1.1 bn USD202617.21.1
RevenueOperating profit (EBIT)

Business

Share of revenue
Core sporting goods retail70 %

Broad assortment of sports equipment, apparel, footwear, and accessories sold through DICK'S stores and online.

Specialty retail concepts12 %

Golf Galaxy, Public Lands, Going Going Gone!, and other format-specific stores targeting narrower shopping missions.

Experiential store formats8 %

House of Sport, Field House, and Golf Galaxy Performance Center locations built around service and engagement.

Digital commerce7 %

Online and mobile app transactions, including ship-from-warehouse and omnichannel fulfillment.

GameChanger platform3 %

Subscription-based youth sports software for live streaming, scheduling, communications, and scorekeeping.

Products

Reported · share of revenue
40.0%29.3%28.4%FY2026100 %
  • Footwear40.0 %
  • Hardlines29.3 %
  • Apparel28.4 %
  • Other Non Merchandise Category2.2 %

Source: 10-K FY2026, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.

Customers

The company sells to athletes, families, and recreational sports participants who want branded equipment, footwear, and apparel across team sports, fitness, outdoor, golf, and lifestyle categories. It also serves value-oriented shoppers through clearance and off-price concepts, and youth sports communities through GameChanger. Foot Locker broadens the customer base to sneaker-focused consumers across North America and international markets.

Core athletes and sports families

Buy equipment, apparel, footwear, and accessories for team sports, fitness, and outdoor activities.

Golf consumers

Buy golf clubs, balls, apparel, and services through Golf Galaxy and Performance Center formats.

Value and clearance shoppers

Buy discounted and end-of-season merchandise through Going Going Gone! and clearance channels.

Sneaker and streetwear consumers

Buy athletic footwear and apparel through Foot Locker, Kids Foot Locker, Champs Sports, WSS, and atmos.

Youth sports organizers

Use GameChanger for live streaming, scheduling, communications, and scorekeeping.

Strategy

The company is focused on improving the omni-channel athlete experience through store repositioning, digital investment, and stronger in-store service. It is expanding experiential formats such as House of Sport and Golf Galaxy Performance Center while using its lease flexibility to relocate, close, or renegotiate stores over time. The Foot Locker acquisition extends the strategy into global sneaker retail and adds a new growth platform beyond the core U.S. sporting goods business.

Expand experiential store formatsMedium term

House of Sport and Performance Center formats differentiate the brand and drive engagement.

Strengthen omni-channel executionShort term

Customers expect seamless shopping across stores, apps, and fulfillment channels.

Integrate Foot LockerMedium term

The acquisition broadens category reach and adds international sneaker exposure.

Improve assortment and margin qualityShort term

Better product mix and vendor relationships support comparable sales and gross margin expansion.

Geography

Q2/2026

Historically, DICK'S Sporting Goods was a U.S.-only retailer, with 723 DICK'S Sporting Goods locations across the United States as of February 1, 2025. After acquiring Foot Locker, the company now has a broader international footprint across North America, Europe, Asia, and Australia, plus licensed stores in Europe, the Middle East, and Asia. The U.S. remains the core operating base, while international exposure is increasingly tied to sneaker retail and licensing.

United States90 %
Other countries (US filing)10 %

Share of the revenue the company reports by geography.

Risks

The business is exposed to consumer demand shifts, inventory misjudgment, and promotional pressure because it buys merchandise in advance and depends on seasonal sports trends. It also faces supply chain, tariff, labor, cyber, and integration risks, especially as Foot Locker is absorbed into the platform. Geographic concentration in U.S. stores and weather-sensitive categories can amplify volatility in sales and margins.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Inventory obsolescence and markdown risk1Supply chain and tariff disruption2Cybersecurity and data privacy incidents3Foot Locker acquisition integration risk4Weather and seasonality5
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Inventory obsolescence and markdown riskImpact: HighLikelihood: High

    The company commits to merchandise before demand is fully known, so trend misses can force discounts and write-downs.

    ExposureApparelFootwearSeasonal sporting goods
  2. Supply chain and tariff disruptionImpact: HighLikelihood: High

    Imported merchandise and global sourcing expose the company to freight, trade policy, and geopolitical shocks.

    Exposure: Merchandise sourcing and fulfillment

  3. Cybersecurity and data privacy incidentsImpact: HighLikelihood: Medium

    The company stores payment, athlete, teammate, and vendor data across retail and digital platforms.

    ExposureECommerceCustomer supportGameChanger
  4. Foot Locker acquisition integration riskImpact: HighLikelihood: Medium

    Combining systems, stores, and teams could create execution risk and one-time costs.

    Exposure: Global sneaker retail operations

  5. Weather and seasonalityImpact: MediumLikelihood: Medium

    Demand for outdoor, team sports, and seasonal categories can swing with weather and sports calendars.

    Exposure: Regional store sales and seasonal inventory

Accounting

Judgemental items
Revenue recognition timing

Store sales, eCommerce shipments, subscriptions, and gift cards are recognized at different points, affecting quarterly comparability.

Impact: Can shift revenue between periods and affect reported growth

Returns reserve

Management estimates future merchandise returns and records a reduction of sales and cost of goods sold.

Impact: Affects net sales and gross margin

Inventory obsolescence and shrink

Estimates depend on demand, promotions, and seasonality, which can change quickly in retail.

Impact: Can create markdowns, write-downs, and margin volatility

Goodwill and intangible assets

The Foot Locker acquisition increases the amount of acquired intangibles and goodwill subject to impairment testing.

Impact: Potential non-cash charges if performance weakens

Business combination accounting

Foot Locker requires purchase price allocation and fair value judgments for assets and liabilities.

Impact: May change reported assets, goodwill, and future amortization

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Dick's Sporting Goods Inc (DKS) Revenue, Earnings & Financials 2025 – Clarifo