By Nicholas G. Miller

Dick's is scheduled to report fourth-quarter results before the market opens Thursday. Here is what you need to know.

NET INCOME: Analysts polled by FactSet expect the company to report net income of $240 million, down from $300 million the year before.

ADJUSTED EARNINGS: The sports apparel retailer is projected to record adjusted earnings of $2.99 a share, down from $3.62 a share in the year-ago quarter.

SALES: Sales are expected to rise to $6.07 billion from $3.89 billion the year prior.

SAME-STORE SALES: Analysts expect same-store sales to rise 2%, compared with 6.4% a year ago.

The stock has fallen 9.4% in the past three months and was recently trading at $196.42.

WHAT TO WATCH:

--Dick's is trying to turn around Foot Locker, which it acquired last September, and has warned that short-term results might be painful as it looks to overhaul the retailer's inventory. Investors will be listening closely for updates about that transformation and how close Foot Locker is to selling through its on-sale inventory.

--Dick's has said it expects Foot Locker to boost per-share earnings in 2026 and that it is anticipating an inflection point for the business by this year's back-to-school season. Investors will want to hear about whether that timeline remains in place and how much Foot Locker might boost the company's bottom line by the end of the year.

--JPMorgan analysts said in a note this week that it was a promotional holiday for the industry, and that price elasticity has increased in many product categories. Investors will be watching for signs of Dick's pricing power and indications about its pricing plans for this year.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

March 11, 2026 13:44 ET (17:44 GMT)

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