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Dick’s Sporting Goods delivered record Q1 sales with solid EPS and net income, reaffirmed its full-year outlook, and announced plans to acquire Foot Locker.
DICK'S Sporting Goods reported its largest sales quarter in company history, with Q4 2024 revenue reaching $3.89 billion, reflecting a 0.5% year-over-year increase. Comparable store sales grew 6.4%, driven by strong transaction growth. Net income stood at $300 million, while diluted EPS was $3.62. Despite strong top-line performance, non-GAAP earnings per share declined 6% due to higher operating expenses and cost pressures.