u/caollero · 12d agono track record yet
DICK'S Sporting Goods entering value territory or falling knife
Dick's Sporting Goods faces significant headwinds from its $2.4B Foot Locker acquisition, which is now expected to post a $40-80M segment loss in 2026 instead of profitability. Management slashed full-year earnings guidance from $13.50-14.50 to $11-12 per share and lowered revenue forecasts, citing weak footwear demand and excess inventory at Foot Locker, though the core Dick's business remains relatively stable.