Dick's Sporting Goods Reports 5% Net Sales Increase

By Ahmed Jameison • Thursday, August 28 15:34 • Permanent Link

Dick's Sporting Goods has reported impressive results for the second quarter ended August 2, 2025. The company achieved a 5.0% increase in net sales, reaching $3.647 billion compared to $3.474 billion in the prior year quarter. This growth was reflected in a 5.0% increase in comparable sales, up from 4.5% in the same period last year.

Income before income taxes also saw a slight increase, reaching 14.0% of net sales compared to 13.9% in the prior year quarter. Non-GAAP income before income taxes, however, decreased to 13.0% from 13.9%, representing a 93 basis point change.

Net income for the quarter was $381 million, a 5% increase from the prior year quarter. Meanwhile, non-GAAP net income decreased by 2% to $355 million from $362 million.

Earnings per diluted share saw a significant increase, reaching $4.71 compared to $4.37 in the prior year quarter, marking an 8% increase. Non-GAAP earnings per diluted share remained relatively stable at $4.38 compared to $4.37, representing no change.

In addition to its strong financial performance, Dick's Sporting Goods also expanded its physical presence by opening one new House of Sport location and four new Dick's Field House locations during the second quarter. Year-to-date, the company has opened three new House of Sport locations and eight new Dick's Field House locations.

The company's leadership has expressed confidence in its long-term strategies and investments, as reflected in the raised full year 2025 guidance for comparable sales growth to a range of 2.0% to 3.5%, up from the previous range of 1.0% to 3.0%. Full year 2025 earnings per diluted share guidance has also been raised to a range of $13.90 to $14.50, up from $13.80 to $14.40 previously.

Furthermore, the acquisition of Foot Locker is expected to bring strategic benefits, with the deal anticipated to close on September 8th. Dick's Sporting Goods anticipates positive outcomes from this acquisition, as evidenced by the approval from Foot Locker shareholders and the receipt of all required regulatory approvals.

Following these announcements, the company's shares moved -5.03%, and are now trading at a price of $214.65. For more information, read the company's full 8-K submission here.

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