Filing Flows › Dick's Sporting Goods (DKS) › Q1 FY27 › vs Q4 FY26
Dick's Sporting Goods (DKS) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Dick's Sporting Goods's revenue fell $1.1B (-17%) from $6.2B in Q4 FY26 to $5.2B in Q1 FY27. The biggest changes: Apparel −$782M (-41%); Footwear −$346M (-12%); Hardlines +$47.2M (+4%). Gross margin 32.6% against 28.4% (+4.2 pts).
Dick's Sporting Goods, Q1 FY27: revenue $5.2B (+63% year over year), operating margin 8.7%, net earnings $320M, operating cash flow $277M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 32.6% | 28.4% | +4.2 pts |
| Operating margin | 8.7% | 3.0% | +5.8 pts |
| Net margin | 6.2% | 2.1% | +4.1 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Footwear | $2.6B | $3.0B | −$346M | -12% |
| Hardlines | $1.3B | $1.3B | $47.2M | +4% |
| Apparel | $1.1B | $1.9B | −$782M | -41% |
| Other | $123M | $105M | $18.5M | +18% |
| Revenue | $5.2B | $6.2B | −$1.1B | -17% |
| Gross profit | $1.7B | $1.8B | −$86.8M | -5% |
| Cost of revenue | $3.5B | $4.5B | −$975M | -22% |
| Operating profit | $451M | $185M | $266M | +144% |
| Operating expenses | $1.2B | $1.6B | −$353M | -22% |
| Pre-tax earnings | $446M | $180M | $266M | +148% |
| SG&A | $1.2B | $1.6B | −$391M | -25% |
| Other operating costs | $68.7M | $30.2M | $38.4M | +127% |
| Net earnings | $320M | $128M | $191M | +149% |
| Income tax | $126M | $51.7M | $74.8M | +145% |
| Depreciation & amortization | $154M | $157M | −$3.3M | -2% |
| Share-based compensation | $29.9M | $23.0M | $6.8M | +30% |
| Working capital & other | $227M | −$742M | $969M | — |
| Operating cash flow | $277M | $1.1B | −$774M | -74% |
| Capital expenditures | $361M | $344M | $16.9M | +5% |
| Negative free cash flow (OCF − capex) | $84.2M | −$706M | $790M | — |
Questions
How much did Dick's Sporting Goods's revenue grow quarter over quarter in Q1 FY27?
Dick's Sporting Goods's revenue fell $1.1B (-17%) from $6.2B in Q4 FY26 to $5.2B in Q1 FY27.
What drove Dick's Sporting Goods's revenue change in Q1 FY27?
Apparel −$782M (-41%); Footwear −$346M (-12%); Hardlines +$47.2M (+4%).