Filing Flows › Dick's Sporting Goods (DKS) › Q1 FY27
Dick's Sporting Goods (DKS) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jun 4, 2026
Dick's Sporting Goods (DKS) reported revenue of $5.2B for the first quarter fiscal 2027 (Q1 FY27), +63% from a year earlier and -17% from the quarter before. Operating margin was 8.7%, net earnings $320M (6.2% of revenue).
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 follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.2B | -17% | +63% |
| Gross profit | $1.7B | -5% | +44% |
| Operating profit | $451M | +144% | +23% |
| Net earnings | $320M | +149% | +21% |
| Operating cash flow | $277M | -74% | +55% |
What changed
Revenue was $5.2B in Q1 FY27, up 63% year over year and down 17% from the previous quarter. Footwear was the largest line at 50% of revenue. Footwear added $1.6B year over year (up 161%), 81% of the total change.
Gross margin was 32.6%, down 4.1 points from Q1 FY26. Operating profit was $0.45B, a 8.7% margin (down 2.8 points year over year). Of the extra revenue versus Q1 FY26, 4% reached operating profit, below the 12% margin then. Operating expenses grew 54% against revenue growth of 63%. The fastest-growing cost line was Other operating costs (+411%). Net earnings were $0.32B, up 21% year over year. The effective tax rate was 28.3%.
Operating cash flow was $0.28B (up 55% year over year), 86% of net earnings. Non-cash charges added back $0.15B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items used $0.23B. Capital expenditures of $0.36B exceeded it, leaving free cash flow of −$0.08B.
Questions
What was Dick's Sporting Goods' revenue in the first quarter fiscal 2027?
Dick's Sporting Goods (DKS) reported revenue of $5.2B for the first quarter fiscal 2027 (Q1 FY27), +63% from a year earlier and -17% from the quarter before.
Was Dick's Sporting Goods profitable in the first quarter fiscal 2027?
Operating profit was $451M (8.7% of revenue) and net earnings $320M.