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DKS

DICK'S Sporting Goods, Inc.

In the published model solve dated 2026-Q2, anchored at $139.16, DICK'S Sporting Goods, Inc. (DKS) is priced for -3.5% growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 25, 2026 from SEC EDGAR filings.

Published model solve
-3.5% growth
Priced In
within-range

Key Takeaways

• Buying Foot Locker in September 2025 made footwear 40.0% of revenue and split the company in two, with the legacy DICK'S business turning an 11.12% segment margin in fiscal 2025 while the acquired one posted a 52.2 million dollar segment loss in its stub period. • A single supplier sits behind roughly a third of what both banners put on the shelf: the annual report describes Nike as the largest vendor, ⟦"representing approximately 31% of our consolidated merchandise purchases"⟧, with no other

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Institutional ownership

716 institutional managers reported holding DKS in 13F filings for the quarter ended 2026-03-31. Together they hold about 75% of the company; the top 10 hold 45%. 94 opened new positions that quarter. Held by Wellington Management, Vanguard Group, BlackRock, among others. On the short side, 7.3M shares were sold short as of the 2026-06-15 count, about 8% of shares outstanding (6.5 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

DKS's share count grew 4.8% over the past five years even with $2.96B spent on repurchases. It pays a dividend, and has for 14 years running, raised 3 years straight; the current rate is $4.85 a share annually. Cash returned over the past three years: $1.14B in dividends and $1.35B in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at DKS over the trailing three years: 2023: 3 buys totaling $490k; 2024: 2 buys totaling $8.61M; 2025: 2 buys totaling $501k. 19 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

DKS's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2022-03-24-4.8%-20.9%
2022-05-26+18.7%+10.4%
2022-08-25-2.1%+0.8%
2022-11-24+11.3%+5.9%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

DKS's latest 8-K filings: 2026-08-25 (items 2.02, 8.01, 9.01); 2026-06-12 (items 5.07); 2026-05-27 (items 2.02, 8.01, 9.01); 2026-03-12 (items 2.02, 8.01, 9.01); 2025-11-25 (items 2.02, 8.01, 9.01).

Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.

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Model solve date: 2026-Q2
Narrative composed: July 25, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.