Dick’s Sporting Goods has been actively enhancing its market position through strategic expansions and innovative retail concepts in 2025

🏢 Retail Expansion: House of Sport & Field House

Dick’s is expanding its experiential retail formats:

• House of Sport: These large-format stores, averaging 120,000–140,000 square feet, feature amenities like rock climbing walls, golf simulators, and turf fields. Since 2021, 21 locations have been opened, with plans for 16 more in 2025, aiming for 75–100 by 2027. Field House: These venues focus on youth sports and community engagement. In 2024, 15 new Field House locations were opened, with 18 more planned for 2025.

📈 Financial Performance & Outlook

• 2024 Highlights:

  • Record annual sales of $13.4 billion

  • 6.4% increase in comparable sales in Q4.

  • Earnings per share (EPS) of $3.62 in Q4, surpassing expectations.

• 2025 Projections:

  • Expected EPS between $13.80 and $14.40Comparable sales growth anticipated between 1.0% and 3.0%.Net sales projected between $13.6 billion and $13.9 billion.

🤝 Strategic Acquisitions

In a significant move, Dick’s announced a $2.4 billion agreement to acquire Foot Locker, Inc., including brands like Kids Foot Locker, Champs Sports, WSS, and atmos. This acquisition aims to enhance Dick’s global presence and diversify its brand portfolio. Foot Locker operates approximately 2,400 retail stores across 20 countries and had net worldwide sales of $8 billion in 2024.

📊 Investment and Shareholder Returns

• Authorized a 10% increase in quarterly dividends. Initiated a new five-year share repurchase program of up to $3 billion.Continued investments in digital and in-store experiences to drive growth.

Dick’s Sporting Goods is positioning itself as a leader in the sporting goods retail industry through strategic expansions, innovative retail concepts, and significant acquisitions, aiming for sustained growth and enhanced shareholder value in 2025.