Dick's Sporting Goods: Mixed Q3 Results, Foot Locker Challenges
Update: 2025-12-02
Description
Dicks Sporting Goods Q3 earnings showed mixed results, with core stores performing well but Foot Locker segment facing challenges. Total revenue of $4.17 billion missed estimates, and earnings per share of $0.86 were lower than expected. Foot Lockers operational issues and excess inventory impacted profitability, leading to a lower operating margin. Dicks plans to clear Foot Lockers inventory, close underperforming stores, and improve vendor partnerships. Investors will monitor Foot Lockers turnaround and Dicks ability to maintain sales and profit margins.
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