Dick's Earnings: What To Look For From DKS
Sporting goods retailer Dick’s Sporting Goods (NYSE:DKS) will be announcing earnings results this Tuesday before market open. Here’s what investors should know.
Dick's beat analysts’ revenue expectations by 1.1% last quarter, reporting revenues of $3.65 billion, up 5% year on year. It was a satisfactory quarter for the company, with an impressive beat of analysts’ EBITDA estimates but full-year revenue guidance slightly missing analysts’ expectations.
Is Dick's a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Dick’s revenue to grow 51.9% year on year to $4.64 billion, improving from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $2.71 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Dick's has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 1.9% on average.
Looking at Dick’s peers in the specialty retail segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Sally Beauty delivered year-on-year revenue growth of 1.3%, beating analysts’ expectations by 1.6%, and Warby Parker reported revenues up 15.2%, falling short of estimates by 1.2%. Sally Beauty traded down 3.4% following the results while Warby Parker was also down 9.6%.
Read our full analysis of Sally Beauty’s results here and Warby Parker’s results here.
Debates around the economy’s health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the specialty retail stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 8.7% on average over the last month. Dick's is down 8.4% during the same time and is heading into earnings with an average analyst price target of $241.83 (compared to the current share price of $210.06).
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