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Dick's Sporting Goods DKS Foot Locker — Measurement period adjustments

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DICK’S
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Other financials

Income statement

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Revenue$5.2B+62.7%
Gross profit$1.7B+44.5%
Operating income$450.7M+23.1%
Net income$319.8M+21.0%
EPS (diluted)$3.54+9.3%

Balance sheet

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Cash & equivalents$998.2M-3.6%
Total debt$5.9B+90.8%
Total equity$5.6B+83.6%
Total assets$17.8B+70.9%

Cash flow

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Operating cash flow$276.5M+55.3%
CapEx$360.7M+36.3%
Free cash flow-$84.2M+2.8%

Valuation

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Market cap$17.93B+3.2%
Enterprise value$22.81B+18.5%
P/E19.8×+5.0×
P/S0.9×-0.3×

Profitability

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Gross margin32.2%-3.8pp
Operating margin6.1%-5.0pp
Net margin4.7%-3.8pp
FCF margin2.1%

Returns & leverage

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Return on equity20.9%-19.3pp
Debt / equity0.0×
Current ratio1.5×-0.1×

Where this comes from

Reported directly by Dick's Sporting Goods in its filing.

Tagged under the XBRL concept us-gaap:GoodwillPurchaseAccountingAdjustments.

The source filing: Dick's Sporting Goods’s 10-Q, filed June 4, 2026.

Filed
Jun 4, 2026, 4:26 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0001089063-26-000027
Line itemDICK’SFoot LockerTotal
Balance as of January 31, 2026$245,857$618,190$864,047
Measurement period adjustments(46,011)(46,011)
Currency translation(4,967)(4,967)
Balance as of May 2, 2026$245,857$567,212$813,069

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Dick's Sporting Goods's foot locker — measurement period adjustments?
Dick's Sporting Goods (DKS) reported foot locker — measurement period adjustments of -$46.01M in Q1 2026.
What does foot locker — measurement period adjustments mean?
This metric represents adjustments made to the provisional fair values of assets acquired and liabilities assumed in the Foot Locker segment during the measurement period following an acquisition. Under accounting standards, these adjustments occur when new information is obtained about facts and circumstances that existed as of the acquisition date. It serves as a reconciliation of the initial purchase price allocation to the final fair value assessment.

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