Dick’s Sporting Goods Q3 2025 Earnings: Strong Sales Growth at $3.06B Amid Rising Inventory Concerns
Dick’s Sporting Goods reports robust Q3 2025 profits and sales, driven by a successful back-to-school season and raised full-year guidance, while addressing inventory increase concerns.
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Highlights from Dick’s Sporting Goods Q3 2024 Report
- Exceeded profit and revenue expectations despite investor worries over inventory growth.
- Strong back-to-school sales propelled market share gains.
- Raised full-year earnings, revenue, and comparable store sales forecasts.
Dick’s Sporting Goods (DKS) delivered better-than-anticipated third-quarter results, fueled by a vibrant back-to-school shopping season and positive outlook for the holiday period. Nonetheless, shares dipped amid concerns about a 13% rise in inventory compared to last year.
The company reported Q3 earnings per share (EPS) of $2.75 and revenue of $3.06 billion, marking a 0.5% increase and surpassing analyst estimates. Comparable store sales climbed 4.2%, up from 1.9% in the previous year.
CEO Lauren Hobart highlighted the retailer’s “excellent back-to-school season” and ongoing market share expansion. She emphasized confidence in their unique product offerings, superior service, and robust omni-channel strategy to engage customers during the upcoming holiday season.
CFO Navdeep Gupta acknowledged the inventory rise but reassured investors that the stock is composed of high-demand products, positioning the company well for Q4 performance.
For the full year, Dick’s now projects EPS between $13.65 and $13.95, an increase from previous guidance, with sales expected to range from $13.2 billion to $13.3 billion. Comparable store sales growth is forecasted between 3.6% and 4.2%, exceeding earlier estimates.
Shares of Dick’s Sporting Goods modestly increased by 0.24% mid-day Tuesday and have surged over 40% in 2024, reflecting strong investor confidence.
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