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May 28, 2026 4:00 PM

Dick's Sporting Goods Stock Climbs As Foot Locker Recovers, Sales Growth Accelerates

Shares of Dick’s Sporting Goods Inc (NYSE:DKS) climbed on Thursday, after the company reported mixed first-quarter results.

Here are the key analyst insights:

DA Davidson analyst Michael Baker maintained a Buy rating and price target of $260.

Guggenheim Securities analyst Steven Forbes reiterated a Neutral rating on the stock.

Check out other analyst stock ratings.

DA Davidson: Although Dick’s Sporting Goods failed to deliver a perfect quarter, at least most of the important metrics came in better than expected, Baker said in a note. He added that the Foot Locker turnaround seems to be accelerating, given:

Foot Locker stores generated 0.6% comps and profits of $17 million, both beating consensus estimates of a negative 1.3% comp and an operating loss of $9 million.

Success of the Fast Break initiative, with double-digit comps from the 100 Fast Break stores.

North American comps of 1.4% and "even more impressively a 6.4% increase in the U.S. Foot Locker bannered stores."

The company's core business remained ...