Dick's Sporting Goods Outlook Falls Short As It Faces 'Dynamic Economic Environment' -- MarketWatch

Dow Jones

03-11

Dick's Sports Goods said its business looks strong for 2025 but its profit outlook fells short of Wall Street analyst estimates as it considered the impact of the "dynamic macroeconomic environment."

Dick's $(DKS)$ said it expects 2025 earnings of $13.80 a share to $14.40 a share, which is below the FactSet consensus projection of $14.82 a share.

Dick's Sporting Goods stock fell 5.7% in premarket trading on Wednesday.

The company said it will increase its gross margins in 2025, and grow its comparable store sales. It also plans to reposition its store and real estate portfolio and deliver "strong growth" in footwear.

"We are well-positioned to drive sustained sales and profitability growth over the long-term and seize the significant market share opportunity ahead of us," said Chief Executive Lauren Hobart, in a statement.

(This is a developing news story with updates coming.)

-Steve Gelsi

For more from MarketWatch: http://www.marketwatch.com/newsviewer

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

March 11, 2025 07:24 ET (11:24 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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It also plans to reposition its store and real estate portfolio and deliver \"strong growth\" in footwear. \n</p>\n<p>\n     \"We are well-positioned to drive sustained sales and profitability growth over the long-term and seize the significant market share opportunity ahead of us,\" said Chief Executive Lauren Hobart, in a statement. \n</p>\n<p>\n     (This is a developing news story with updates coming.) \n</p>\n<p>\n     -Steve Gelsi \n</p>\n<p>\n  For more from MarketWatch: http://www.marketwatch.com/newsviewer \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 11, 2025 07:24 ET (11:24 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1988902786.USD","symbol_name":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2518717581","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2518717581","pubTimestamp":1741692240,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Dick's Sports Goods said its business looks strong for 2025 but its profit outlook fells short of Wall Street analyst estimates as it considered the impact of the \"dynamic macroeconomic environment.\". 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It also plans to reposition its store and real estate portfolio and deliver \"strong growth\" in footwear. \n\n\n     \"We are well-positioned to drive sustained sales and profitability growth over the long-term and seize the significant market share opportunity ahead of us,\" said Chief Executive Lauren Hobart, in a statement. \n\n\n     (This is a developing news story with updates coming.) \n\n\n     -Steve Gelsi \n\n\n  For more from MarketWatch: http://www.marketwatch.com/newsviewer \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. 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