Dick's Sporting Goods Surges to 90th in Trading Volume with $823 Million Turnover

On May 28, 2025, Dick's Sporting Goods (DKS) saw a significant surge in trading volume, with a turnover of $823 million, marking a 129.35% increase from the previous day. This placed DKS at the 90th position in terms of trading volume for the day. The stock price of DKS rose by 1.66%, marking the second consecutive day of gains, with a total increase of 5.92% over the past two days.

Dick's Sporting Goods recently announced a record-breaking first-quarter sales performance, following the news of its planned $2.4 billion acquisition of Foot Locker. This strategic move is set to redefine the company's business trajectory and expand its market reach from $140 billion in the U.S. to a $300 billion global market.

During the Q1 earnings call, Dick's Sporting Goods reported a 5.2% year-on-year increase in sales, although it fell short of market revenue expectations. The company has reaffirmed its full-year earnings per share (EPS) outlook of $13.80–$14.40 for 2025, despite the challenges posed by tariffs and the ongoing acquisition process.

Dick's Sporting Goods has also reported its fifth consecutive quarter of 4% or more comparable store sales growth, demonstrating its strong operational performance. The company is focused on executing the acquisition of Foot Locker effectively, aiming to leverage the synergies between the two brands to drive future growth.