Quarterly guidance

Quarterly guidance
No quarterly guidance was given.

Annual guidance

Consolidated non-GAAP EPS
$11 to $12
DICK'S comp sales growth
2.5% to 4%
Foot Locker pro forma comp sales
Negative 2% to flat
Foot Locker operating loss
$80 million to $40 million

Outlook

Promotional environment
Management expects the promotional environment to remain challenging through the fourth quarter.
Foot Locker turnaround
Management remains confident in the long-term opportunity for Foot Locker and continues to invest in brand marketing and store experience.
EMEA market
The EMEA market is experiencing more significant challenges than North America due to a more competitive environment and cautious consumer behavior.
Capital allocation
The company expects net capital expenditures of approximately $1.4 billion for the year, split 70-30 between DICK'S and Foot Locker.
Foot Locker synergies
The company remains confident in achieving $100 million to $125 million of cost synergies over the medium term.