DICK'S Sporting Goods stock falls 1.30 percent as guidance resets

Published on 09/28/2026 at 20:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

DICK'S Sporting Goods stock traded at USD 134.66 on September 28, 2026. Q2 revenue reached USD 5.59 billion, while adjusted EPS missed consensus at USD 3.53.

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DICK'S Sporting Goods (ISIN US2533931026) was trading at USD 134.66 on the NYSE on September 28, 2026 at 2:22 p.m. ET, down 1.30 percent from USD 136.43. The retailer is balancing a new USD 1.0 billion debt issue against a sharply lower fiscal 2026 earnings outlook.

Debt adds a new balance sheet variable

A September 25, 2026 filing carried by StockTitan reported that DICK'S issued USD 400.0 million of 6.20 percent senior notes due in 2036 and USD 600.0 million of 6.90 percent notes due in 2056.

The filing says the proceeds may support operations, debt repayment, share repurchases and future acquisitions. The notes are unsecured and rank equally with the company's other unsecured, unsubordinated obligations, while remaining structurally subordinated to subsidiary liabilities.

Foot Locker drives the earnings reset

According to Zacks on September 3, 2026, adjusted second-quarter EPS was USD 3.53 versus a USD 3.78 consensus estimate, while revenue reached USD 5.59 billion against USD 5.63 billion expected. The quarter still produced 4.9 percent comparable-sales growth for the core DICK'S business, but Foot Locker comparable sales fell 3.6 percent.

Zacks also reported that fiscal 2026 adjusted EPS guidance fell to USD 11.00-12.00 from USD 13.50-14.50. The consolidated sales outlook moved to USD 21.9-22.2 billion from USD 22.1-22.4 billion, while Foot Locker shifted from a projected USD 110.0-150.0 million operating profit to a USD 40.0-80.0 million operating loss.

Analysts keep target above stock

MarketBeat reported on September 14, 2026 that Robert W. Baird downgraded DICK'S from outperform to neutral and set a USD 150.00 price target. The same report put the broader analyst consensus at Hold with an average target of USD 167.20.

The contrast is material: core-store comparable sales remain positive, while Foot Locker and promotions are pulling down the consolidated profit profile. For investors, execution in the acquired chain now matters alongside the retailer's established store and digital growth strategy.

Stock trades above yearly low

DICK'S Sporting Goods was trading at USD 134.66 on the NYSE on September 28, 2026, within its USD 120.15 to USD 244.38 52-week range. Market capitalization stood at USD 11.5 billion and session volume was 1,245,027 shares.