DKS Q1 FY26: Foot Locker adds $5.16B sales, profit; settlement boosts EPS

Filed June 4, 2026 · Period ending May 2, 2026 · Compared to 10-Q Jun 9, 2025 · ~2 min read

Key Changes

• high

  Foot Locker contributed $1.8B in sales and $17.5M segment profit in its first full quarter, with proforma comps up 0.6%. Company incurred $96.5M in acquisition charges (inventory write-downs and integration costs) and expects $200M total in FY26.

  MD&A: Foot Locker acquisition results verify on EDGAR →
• high

  Interchange fee litigation settlement delivered $204.3M, with $150M recorded as income in SG&A, boosting Q1 earnings by $131.2M after tax ($1.45/share). This is a one-time gain not recurring in future quarters.

  MD&A: Interchange fee settlement verify on EDGAR →
• high

  Securities litigation partially survived dismissal: court dismissed inventory shrinkage and risk factor claims but allowed some inventory-related claims to proceed. Company filed answer June 3, 2026, moving case into discovery.

  Legal Proceedings: Securities Litigation verify on EDGAR →