DICK'S Sporting Goods Scores Big in Q4 2025 with Double-Digit EPS Growth and Strong Comps
DICK'S Sporting Goods delivered a strong finish to 2025, posting double-digit non-GAAP EPS growth and comps over 3% in the fourth quarter. The company's execution and commitment to delivering a differentiated on-trend product assortment and best-in-class omni-channel athlete experience continue to drive market share gains.
According to Ed Stack, Executive Chairman of DICK'S Sporting Goods, "Our team's execution and our ability to consistently deliver a differentiated on-trend product assortment and best-in-class omni-channel athlete experience continue to produce strong results and market share gains." This strategy has paid off, with the company reporting double-digit non-GAAP EPS growth and comps over 3% in Q4.
In addition to its success with DICK'S Sporting Goods, the company is also making significant progress with Foot Locker, which it acquired six months ago. The Fast Break initiative, a pilot program launched by the company to test and learn in North America, has shown very strong positive comps and gross margin improvement. "During Q4, our Fast Break stores drove very strong positive comps, actually meaningfully exceeding the DICK'S business while also delivering strong gross margin improvement," said Stack.
The success of the Fast Break initiative has led to its expansion to an additional 10 stores in L.A. before the NBA All-Star game, and the company is excited to rapidly scale this program by back-to-school 2026. As part of its efforts to transform Foot Locker, DICK'S Sporting Goods has also completed the cleanup of unproductive inventory, a key step in preparing the business for future growth.
"Starting with addressing unproductive inventory, our team moved quickly and decisively to get this done," said Stack. "We're pleased to report that the inventory cleanup is now essentially complete." This effort drove Q4 profitability results and set the stage for the company's plans to deliver an inflection point in Foot Locker's performance starting with back-to-school 2026.
The company's review of its global store fleet has also identified a smaller number of underperforming locations than initially estimated, suggesting that DICK'S Sporting Goods is on track to achieve its goals. With its strong Q4 results and progress with Foot Locker, the company appears well-positioned for future growth and success.
