Dick's Sporting Goods news and archive

Dick's Sporting Goods renews multiyear partnership with the WNBA

Dick's Sporting Goods has renewed its partnership with the Women's National Basketball Association (WNBA. The two announced a multi-year partnership extension on July 1, which originally began in Fall 2021. Following the renewed partnership, Dick's will continue to act as the Official Sporting Goods Retailer and an Official Marketing Partner of...

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Dick’s Sporting Goods teams up with Uber Eats for on-demand delivery

Dick’s Sporting Goods has partnered with Uber Technologies to bring an offering of sportswear, footwear and sports gear to its on-demand delivery platform. Beginning this week, over 800 Dick’s Sporting Goods and Golf Galaxy stores will be available to browse and purchase from on Uber Eats, enabling on-demand or scheduled delivery of various...

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Dick's Sporting Goods reports strong Q1, maintains positive outlook

Dick’s Sporting Goods has reported its first-quarter 2025 financial results, delivering diluted earnings per share of 3.24 dollars and non-GAAP diluted earnings per share of 3.37 dollars, compared to 3.30 dollars in the prior year's quarter. Looking ahead, Dick's Sporting Goods maintains its full-year 2025 guidance, anticipating comparable sales...

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Dick’s Sporting Good confirms 2.4 billion dollar acquisition of Foot Locker

US sportswear chain Dick’s Sporting Goods has confirmed its intention to acquire footwear retailer Foot Locker in a 2.4 billion dollar deal. The duo have entered a definitive merger agreement holding an enterprise value of around 2.5 billion dollars. By combining the companies, Dick’s is setting out to create a global platform within the sports...

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Dick’s Sporting Goods reportedly close to Foot Locker buyout

US retail chain Dick’s Sporting Goods is believed to be close to acquiring Foot Locker Inc. for around 2.3 billion dollars. This is according to a report by the Wall Street Journal (WSJ) that said a deal could be finalised as soon as Thursday, May 15. WSJ stated that Dick’s is looking to buy the footwear retailer for 24 dollars per share,...

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Despite strong Q4, inflation and tariffs impact Dick's Sporting Goods forecast

Dick's Sporting Goods delivered a robust fourth quarter, exceeding analyst expectations, yet projected 2025 profits below Wall Street estimates due to anticipated impacts from rising inflation and tariffs on consumer spending. The sports goods retailer reported a 6.4 percent increase in comparable sales for the holiday quarter. Net income...

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Dick's Sporting Goods ups sales and earnings forecast

Dick’s Sporting Goods delivered 5.3 percent comparable sales growth in the first quarter, with net sales increasing to 3,018 million dollars. Reported earnings per diluted share were 3.30 dollars with 4 percent EBT growth. "Our strong first quarter results continue to prove that Dick’s is the go-to destination for sport and sport culture in the...

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Dick's Sporting Goods announces multi-year partnerships with the Celtics and Red Sox

Dick’s Sporting Goods has partnered with two iconic sports teams in Boston, the Celtics and Red Sox. Signing two multi-year partnerships, Dick’s Sporting Goods is the official sporting goods retail partner for each team franchise. Strengthening the bond between the sportswear retailer and the Boston community, news of the partnerships comes...

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Retail experiences: Sportswear for professionals and the mainstream market

Sports brands face the unique challenge of serving two very different customer groups: Professional athletes, who perform at the highest level and need the best products to do so, and the mainstream market, which increases sales volumes. This duality requires a differentiated brand strategy that effectively addresses both target groups. In...

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Dick’s Sporting Goods delivers strong holiday quarter

Dick’s Sporting Goods full year revenues of 13 billion dollars increased 5 percent and the company delivered a 2.4 percent comparable store sales growth, driven by a 1.6 percent increase in transactions. The company’s fourth quarter revenues increased 7.8 percent to 3.9 billion dollars with comparable sales growth of 2.8 percent. The company’s...

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Calia launches new Inspire collection with Lycra Adaptiv technology

Women's performance wear brand Calia has launched a new apparel collection named Inspire featuring Lycra Adaptiv technology. New to the market and a first for Dick's Sporting Goods brand, the collection features items made with Lycra Adaptiv fibers that offer the same stretch and strength as Lycra Spandex but with lightweight support and subtle...

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Dick’s Sporting Goods posts comparable store sales growth

Dick’s Sporting Goods delivered 1.8 percent growth in second quarter comparable store sales, driven by a 2.8 percent increase in transactions and continued market share gains. The company reported earnings per diluted share of 2.82 dollars compared to 3.25 dollars or 3.68 dollars on a non-GAAP basis, during the prior year quarter. Net income...