Dick's Sporting Goods Reports Q4 Gains, Cautious 2025 Outlook

Dick's Sporting Goods reported strong fourth-quarter results, with earnings per share of $3.62 and revenue of $3.89 billion, both surpassing analyst expectations. However, the company's stock fell due to a disappointing outlook for fiscal year 2025, where it projects earnings per share between $13.80 and $14.40, and comparable sales growth of 1% to 3%, below Wall Street's estimates. Despite the cautious forecast, the company emphasizes confidence in its strategic direction amid a challenging economic environment. Plans for expansion include opening additional House of Sport and Field House locations, alongside a new $3 billion share repurchase program and a 10% increase in quarterly dividends. Dick's achieved a 6.4% increase in comparable store sales for the quarter, marking its largest sales quarter in history. The company acknowledges the dynamic macroeconomic conditions, focusing on growth and margin improvement.