Dick’s Sporting Goods issues weak profit guidance as Foot Locker merger weighs on bottom line

Dick’s Sporting Goods saw a better-than-expected holiday shopping season, but its profits fell by 57%, due largely to its acquisition of Foot Locker. For fiscal 2026, Dick’s is expecting adjusted earnings per share to be between $13.50 and $14.50, weaker than the $14.67 analysts had expected, according to LSEG.
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