Dick's Shares Dip 1.06% on 92nd-Ranked $870M Volume Amid Strong Earnings and $2.5B Acquisition Push

On August 29, 2025, Dick's Sporting Goods (DKS) traded with a volume of $0.87 billion, a 27.1% decline from the prior day, ranking 92nd in market activity. The stock closed down 1.06% for the session.

Second-quarter fiscal 2025 results highlighted DKS's resilience, with net sales rising 5% year-over-year to $3.65 billion, exceeding expectations. Comparable sales growth accelerated to 5%, driven by a 4.1% increase in average ticket size and 0.9% higher transaction counts. Gross profit expanded 5.9% to $1.35 billion, supported by improved merchandise margins and occupancy cost leverage. Adjusted earnings per share (EPS) reached $4.38, surpassing the Zacks Consensus Estimate of $4.29.

The company reinforced its strategic momentum by advancing the $2.5 billion Foot Locker acquisition, expected to close on September 8, 2025. Management emphasized the deal's potential to create a global sports retail leader, with projected $100–$125 million in cost synergies and earnings accretion post-merger. Share repurchases totaled $299 million in the first half of fiscal 2025, with $212.9 million remaining under the authorization.

Full-year guidance was raised to reflect confidence in its growth trajectory, with net sales projected at $13.75–$13.95 billion and adjusted EPS anticipated near the upper end of the $13.90–$14.50 range. The firm plans to open 13 House of Sport and 6 Field House locations in fiscal 2025, with capital expenditures estimated at $1.2 billion gross.

Backtested performance indicates DKS's stock has gained 20% over the past three months, outpacing the industry's 21.6% growth. The company ended the quarter with $1.2 billion in cash and $1.5 billion in total debt, maintaining a strong balance sheet ahead of the acquisition.