Dick's Sporting Goods, Inc. has reported its fourth quarter and full year 2025 results, showing significant growth and performance. The company delivered a 3.1% fourth quarter comparable sales growth for the Dick's business, which is a strong indicator of its performance. The full year 2025 also saw a notable 4.5% comparable sales growth for the Dick's business.
The company reported full year 2025 earnings per diluted share of $9.97 and non-GAAP earnings per diluted share of $13.20. Additionally, the non-GAAP earnings per diluted share for the Dick's business stood at $14.58, showcasing the company's strong financial performance.
In terms of expansion, Dick's Sporting Goods opened 16 House of Sport locations and 15 Dick's Field House locations during 2025. Looking ahead, the company plans to open approximately 14 additional House of Sport locations and approximately 22 additional Dick's Field House locations in 2026.
The company has also provided its outlook for 2026, expecting full year comparable sales growth to be in the range of 2.0% to 4.0% for the Dick's business. Furthermore, the consolidated operating income for full year 2026 is expected to be in the range of $1.71 to 1.83 billion, with consolidated non-GAAP operating income expected to be in the range of $1.68 to 1.81 billion.
In terms of financials, the company's net sales for the fourth quarter of 2026 amounted to $6.23 billion, showing a significant increase from the previous year. The company's net income for the same period was reported at $128 million, reflecting a notable change from the previous year.
For the full year 2026, Dick's Sporting Goods reported net sales of $17.22 billion, indicating a substantial increase from the previous year's figures. The company's net income for the full year stood at $849 million, displaying a significant change from the previous year's performance.
The company's balance sheet also showed noteworthy changes, with cash and cash equivalents amounting to $1.35 billion as of January 31, 2026, indicating a decrease from the previous year. Additionally, inventories, net increased by 47% to $4.91 billion, and long-term debt and financing lease obligations increased by 28% to $1.91 billion.
In terms of capital allocation, the company repurchased $342 million worth of shares and paid $414 million in dividends during the 52 weeks ended January 31, 2026, reflecting increases in both metrics.
The company's outlook for 2026 includes a consolidated full year net sales range of $22.1 billion to 22.4 billion, operating income in the range of $1.71 billion to 1.83 billion, and earnings per diluted share in the range of $13.70 to 14.70.
Following these announcements, the company's shares moved 1.15%, and are now trading at a price of $215.32. Check out the company's full 8-K submission here.
