DICK’S Sporting Goods (DKS) reported a challenging quarter with an adjusted EPS of $3.53 and revenue of $5.6 billion for the recent earnings period, reflecting a 20% year-over-year decline in earnings despite a revenue increase fueled by its acquisition of Foot Locker. Comparable sales at DICK’S rose by 4.9%, while Foot Locker experienced a 3.6% drop in comparable sales, contributing to a cut in fiscal 2026 adjusted EPS outlook. As a result, DKS shares fell significantly after the earnings announcement.
In contrast, Okta (OKTA) posted a revenue increase of 10.6% year-over-year to $805 million, along with an adjusted EPS of $1.05. The company also reported a 14% rise in remaining performance obligations to $2.6 billion and over 20% growth in customers with annual contracts exceeding $1 million. These figures indicate a robust demand trend, leading to a favorable outlook for future earnings growth.
Similarly, CrowdStrike (CRWD) achieved a 25.8% year-over-year revenue increase, reaching approximately $1.5 billion, with an adjusted EPS of $0.31, exceeding expectations. The company reported record net new annual recurring revenue of $333 million and raised its fiscal 2027 outlook, predicting continued earnings growth of 33% and 26% in FY27 and FY28, respectively.
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