Dick's Sporting Goods (DKS) Earnings: Q2 Fiscal 2026 Results and Next Report Date

The quarter ended August 1, 2026 and Dick's Sporting Goods published the results on August 25, 2026. Revenue and diluted EPS are shown against Q2 fiscal 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Dick's Sporting Goods reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Dick's acquired Foot Locker on September 8, 2025, so the year-ago quarter is the DICK'S Business alone and the Foot Locker segment has no year-ago figure. Foot Locker comparable sales are shown on a proforma basis until the fourth quarter of fiscal 2026.
• Dick's fiscal year ends on the Saturday nearest the end of January. Q2 fiscal 2026 is the 13 weeks ended August 1, 2026.

Source: Dick's Sporting Goods Q2 fiscal 2026 results, August 25, 2026. Also in the Form 10-Q for the quarter ended August 1, 2026. Figures as reported; checked against the release on November 10, 2026.

How Dick's Sporting Goods splits revenue in its own release, under its own labels, for Q2 fiscal 2026 against Q2 fiscal 2025. Indented lines are parts of the line above them.

• Dick's Sporting Goods's DICK'S Sporting Goods revenue was $3.8 billion in Q2 fiscal 2026, up 6% from $3.6 billion in Q2 fiscal 2025, 69% of total revenue.
• Dick's Sporting Goods's Foot Locker revenue was $1.7 billion in Q2 fiscal 2026, 31% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

The release's outlook table puts full year 2026 net sales at $21.9 billion to $22.2 billion and earnings per diluted share at $10.94 to $11.94 ($11.00 to $12.00 non-GAAP), on about 90 million diluted shares and a tax rate of about 29%.

In its Q2 fiscal 2026 release, Dick's Sporting Goods said:

“Maintains DICK'S Business comparable sales outlook of 2.5% to 4.0% growth”

“Lowers Foot Locker Business proforma comparable sales outlook to a range of negative 2.0% to 0.0%”

“Lowers operating income outlook for both DICK'S and Foot Locker Businesses”

Source: Dick's Sporting Goods Q2 fiscal 2026 release, Aug 25, 2026.

This is the company's own guidance as of Aug 25, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the DKS forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP net sales and diluted EPS, each as first reported in that quarter's release. Quarters from Q3 fiscal 2025 on include Foot Locker, acquired September 8, 2025.

Dick's Sporting Goods's next report is scheduled for November 24, 2026. This page will show Q2 fiscal 2026 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q2 fiscal 2026 (this page), reported Aug 25, 2026

Dick's Sporting Goods reported Q2 fiscal 2026 net sales of $5,587 million, up 53.2% from $3,647 million, and almost all of the increase is the Foot Locker acquisition. The DICK'S Sporting Goods segment had net sales of $3,849.9 million, against $3,646.6 million, and the Foot Locker segment added $1,736.9 million. (Dick's Sporting Goods Q2 fiscal 2026 release, Aug 25, 2026)

The DICK'S Business delivered 4.9% comparable sales growth, which the release attributes to broad-based growth across categories, strong results from the 2026 FIFA World Cup, and growth in average ticket and transactions. Proforma comparable sales for the Foot Locker Business declined 3.6%, which Dick's put down to a promotional athletic footwear market and fewer, weaker footwear launches. (Dick's Sporting Goods Q2 fiscal 2026 release, Aug 25, 2026)

By category, footwear was $2,616.1 million of net sales, against $1,087.7 million a year earlier, hardlines (sporting goods, fitness and golf equipment, fishing gear) $1,552.3 million, apparel $1,299.4 million and other $119.0 million. The 10-Q says Foot Locker segment sales are primarily concentrated within the footwear category. (Dick's Sporting Goods Form 10-Q, Q2 fiscal 2026, Sep 3, 2026)

Before the acquisition all of Dick's sales were in the United States. In Q2 fiscal 2026, $5,006.3 million came from the United States and $580.5 million from international operations, which are Foot Locker's stores in Europe and Asia Pacific. Dick's operated 3,104 store locations at August 1, 2026: 892 in the DICK'S Business and 2,212 owned Foot Locker Business stores, with another 266 licensed Foot Locker stores. (Dick's Sporting Goods Form 10-Q, Q2 fiscal 2026, Sep 3, 2026; Dick's Sporting Goods Q2 fiscal 2026 release, Aug 25, 2026)

Dick's Sporting Goods reported GAAP EPS of $3.50 and non-GAAP EPS of $3.53, against $4.71 and $4.38 a year earlier. Non-GAAP results exclude $29.3 million of Foot Locker acquisition-related costs, a $15.3 million charge to redesign the store operating model for the DICK'S Business, and $38.1 million of IEEPA tariff refunds attributable to tariff costs incurred in the prior year. (Dick's Sporting Goods Q2 fiscal 2026 release, Aug 25, 2026; Dick's Sporting Goods Form 10-Q, Q2 fiscal 2026, Sep 3, 2026)

Weighted average diluted shares were 90 million, against 81 million, because of the 9.6 million shares issued for Foot Locker. The effective tax rate rose to 28.0% from 25.2%; Dick's attributes its higher full-year rate to earnings mix in foreign jurisdictions and purchase accounting, particularly in Europe, where losses do not currently generate a tax benefit. (Dick's Sporting Goods Q2 fiscal 2026 release, Aug 25, 2026)

Operating margin fell to 7.9% from 12.4%. The Foot Locker segment posted a segment loss of $31.9 million while the DICK'S segment earned $485.2 million. Dick's has recorded $515.8 million of pre-tax charges to date from its review of unproductive Foot Locker assets and expects up to $750 million in total. (Dick's Sporting Goods Q2 fiscal 2026 release, Aug 25, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Dick's Sporting Goods gives a full-year outlook in its release and cut it in Q2 fiscal 2026. It now expects fiscal 2026 net sales of $21.9 billion to 22.2 billion and earnings per diluted share of $10.94 to 11.94, or $11.00 to 12.00 on a non-GAAP basis, based on about 90 million diluted shares and an effective tax rate of approximately 29%. (Dick's Sporting Goods Q2 fiscal 2026 release, Aug 25, 2026)

By segment, Dick's kept the DICK'S Business comparable sales outlook at 2.5% to 4.0% growth and lowered the Foot Locker Business proforma outlook to negative 2.0% to 0.0%. It expects DICK'S segment profit of $1.54 billion to 1.60 billion and a Foot Locker segment loss of $(80) million to (40) million. (Dick's Sporting Goods Q2 fiscal 2026 release, Aug 25, 2026)

A consensus figure is the average of the models published by the analysts who cover Dick's Sporting Goods, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Dick's Sporting Goods's own release and filings put weight on for Q2 fiscal 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning DKS is on is DKS a buy or a sell?, what analysts expect next is on the DKS forecast, and what the company does is on the Dick's Sporting Goods (DKS) stock page.

Every number on this page can be traced to a document Dick's Sporting Goods published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.