Dick’s Sporting Goods Is Betting Big on Foot Locker—Could This Deal Ignite a Massive Earnings Upside by 2026?

DICK’S Sporting Goods has released its third-quarter financial results for 2025 amidst a significant transition marked by the acquisition of Foot Locker. This update provides essential insights into the company’s current performance and strategic direction, highlighting both opportunities and challenges it faces. DICK’S Sporting Goods reported a strong performance with a 5.7% increase in comparable sales for its existing business. The company attributed this growth to a differentiated product assortment and a leading omnichannel experience. Strong categories included footwear, apparel, and team sports, bolstered by innovative retail concepts like House of Sport and Field House locations. These formats are not only offering an enhanced shopping experience but are also showing promising financial results. DICK’S Sporting Goods has increased its annual guidance for comparable sales growth and earnings per share owing to this robust quarterly performance and the competent execution of its strategic pillars.