Dick’s Sporting Goods to see 27% revenue jump in 2026 on Foot Locker integration

DICK'S Sporting Goods Inc. (NYSE: DKS) completed the acquisition of rival Foot Locker in September. The acquisition is expected to help the US sports equipment retailer deepen its footprint in urban markets and sharpen its edge in the athletic footwear category. On its part, Foot Locker has struggled in recent years, weighed down by declining traffic and store closures. Dick’s aims to leverage the deal to broaden its customer base, unify loyalty programs, and enhance its consumer data capabilities.

The tie-up creates a sporting goods giant with projected combined revenues of $17 billion and a network of more than 3,200 stores in fiscal 2026, according to Visible Alpha consensus. Analysts expect comparable store sales to grow 2.5% in 2026, with non-comparable sales up 24.4% as Foot Locker’s portfolio is consolidated.

Revenue for Dick’s is forecast to reach $22 billion by 2027, the first full year reflecting Foot Locker’s integration, with group-wide comparable store sales expected to rise 1.6%. Analysts see Dick’s standalone comparable sales improving 2.91% in 2027, while Foot Locker is expected to return to modest growth of 0.82%.

 This article was published by Visible Alpha, part of S&P Global Market Intelligence and not by S&P Global Ratings, which is a separately managed division of S&P Global.