Dick's Sporting Goods (DKS): what its 10-K says it depends on

Suppliers

Nike

depends on · approximately 31% of total merchandise purchasesnamed as a risk

We purchased merchandise from approximately 1500 vendors in fiscal 2025, with Nike, our largest vendor, representing approximately 31% of total merchandise purchases.Risk factors (Item 1A)

Also named by ASO, PVH

Partners and platforms

adidas

depends onnamed as a risk

We have also entered into licensing agreements for brands that we do not own, which provide for exclusive and/or non-exclusive rights to use names such as “adidas” (football), “Cobra” (golf), “Lotto” (soccer and pickleball), and “Marucci” (baseball) for specified product categories or certain products and, in some cases, specified sales channels.Business (Item 1)

Also named by NKE

DoorDash

depends on

We also offer superior service both in-store and via a seamless omni-channel experience which includes buy-online, pick-up in store, curbside pickup and return, and for our DICK’S Business, also offering same-day delivery capabilities with Instacart or DoorDash.Business (Item 1)

Also named by BJ, CART, SFM, UBER

FedEx

depends on

Additionally, we continue to leverage our omni-channel platform, fulfillment centers and our delivery partnership with FedEx, which have enabled us to provide our athletes with faster delivery times.Business (Item 1)

Also named by O, SNX, USFD

Instacart

depends on

We also offer superior service both in-store and via a seamless omni-channel experience which includes buy-online, pick-up in store, curbside pickup and return, and for our DICK’S Business, also offering same-day delivery capabilities with Instacart or DoorDash.Business (Item 1)

Also named by BJ, DLTR, SFM

Other companies

Foot Locker

$3.1 billion of net salesnamed as a risk

In particular, although we expect to achieve $100 million to $125 million in cost synergies over the medium term and other longer term synergies and significant benefits from the acquisition of Foot Locker (the “Transaction”), there can be no assurance that we will realize any such synergies or benefits within the anticipated timeframe, or at all.Risk factors (Item 1A)

Firearms and ammunition

named as a risk

Although no longer sold in any of our stores, we remain subject to certain risks relating to the historical sale of firearms and ammunition by the DICK’S Business to the extent it remains in circulation.Risk factors (Item 1A)

Allegheny County Airport Authority

depends on

The land on which our CSC is built is subject to an underlying ground lease with Allegheny County Airport Authority, which expires in 2039.Cybersecurity (Item 1C)

Places

Europe

concentrated in · 573 store locations in Europenamed as a risk

Our Foot Locker Business has foreign operations across Canada, Europe, Asia and Australia, with a higher concentration in Europe, where operations are currently located in 15 countries, 11 of which have adopted the euro as their functional currency.Market risk (Item 7A)

Also named by ADSK, AME, AMRC, ATR, BCSF, BKNG, BMI, BMY and 60 more

California

operates in · 298

As of January 31, 2026, we operated 3,195 store locations across the DICK’S and Foot Locker Businesses in 50 states and international geographies.Cybersecurity (Item 1C)

Also named by A, AAON, AFRM, ALK, ALLY, AN, ARE, AVAV and 88 more

Texas

operates in · 243

During fiscal 2024, the Company entered into a development contract to construct a new 805,000 square foot distribution center for the DICK’S Business in Fort Worth, Texas.Cybersecurity (Item 1C)

Also named by ABR, AFRM, ALLY, AN, ASO, ASTS, ATO, AXP and 70 more

China

depends onnamed as a risk

Significant increases in those costs—whether due to trade tensions, shifting tariff policies in key sourcing countries like China, Mexico, and Canada (including recently enacted tariffs and potential additional shifts in tariff policies in the future), currency fluctuations, material shortages, supply chain disruptions, or other factors—could increase manufacturing and other costs for both our own private brand merchandise and the products we purchase from our vendors.Risk factors (Item 1A)

Also named by A, AA, AAOI, AAP, AAPL, AB, ADI, AEHR and 261 more

Mexico

depends onnamed as a risk

Significant increases in those costs—whether due to trade tensions, shifting tariff policies in key sourcing countries like China, Mexico, and Canada (including recently enacted tariffs and potential additional shifts in tariff policies in the future), currency fluctuations, material shortages, supply chain disruptions, or other factors—could increase manufacturing and other costs for both our own private brand merchandise and the products we purchase from our vendors.Risk factors (Item 1A)

Also named by AAP, AME, AMRC, ANET, AOS, ARES, AYI, AZO and 83 more

Strait of Hormuz

depends onnamed as a risk

In particular, the military conflict recently launched in Iran has had, and may continue to have, adverse impacts on global trade with respect to goods passing through the Strait of Hormuz and material supply chain disruptions resulting in significant increases in oil and fuel pricesRisk factors (Item 1A)

Also named by BBY, CSW, DDS, LRCX, NXT, WSM

Shopping malls

concentrated innamed as a risk

Because a meaningful portion of our stores, particularly within our Foot Locker Business, are located in shopping centers or malls, our performance is influenced by the volume of mall traffic and the sustained success and relevance of those locations.Risk factors (Item 1A)

Also named by DDS, M

Iran

named as a risk

In particular, the military conflict recently launched in Iran has had, and may continue to have, adverse impacts on global trade with respect to goods passing through the Strait of Hormuz and material supply chain disruptions resulting in significant increases in oil and fuel pricesRisk factors (Item 1A)

Also named by EME, LNTH

Hazards

Cold weather / unseasonable weather

concentrated innamed as a risk

Many of our stores are in geographic areas that experience seasonally cold weather, and we sell a significant amount of cold weather sporting goods and apparel.Risk factors (Item 1A)

Commodities and inputs

Euro

exposed to its price · $669.0 millionnamed as a risk

The primary currencies to which we are exposed are the euro, British pound, Canadian dollar, Australian dollar and the Japanese yen.Market risk (Item 7A)

Also named by ABBV, ABNB, ABT, ADBE, ADI, AME, AMG, AMGN and 186 more

Fuel

exposed to its pricenamed as a risk

Increased demand for transportation services and spikes in fuel prices have resulted in higher transportation costs for us and our vendors, and continued volatility could further pressure our operating results.Risk factors (Item 1A)

Also named by ASO, CARR, COR, CPNG, CPRT, DDS, DY, ECG and 16 more

Regulators

National Labor Relations Board

subject tonamed as a risk

Shifts in regulatory priorities at agencies such as the National Labor Relations Board or analogous international regulators may also affect our employee‑relations practices and expose us to additional administrative or litigation risks.Risk factors (Item 1A)

Also named by AZO, BBW, BBY, FDX, FDXF, ODFL, QSR, RRGB and 3 more

Laws and programs

ScoreCard Rewards loyalty program

earns from · over 75% of total sales for the DICK’S Business

We have an expansive dataset of approximately 30 million athletes who participate as members of our ScoreCard Rewards loyalty program, which accounts for over 75% of total sales for the DICK’S Business.Business (Item 1)

EU General Data Protection Regulation (GDPR)

subject tonamed as a risk

We are subject to numerous laws and regulations, including the EU General Data Protection Regulation (GDPR), the United Kingdom GDPR, the California Consumer Privacy Act (CCPA), and other U.S. state and international privacy laws.Risk factors (Item 1A)

Also named by ACN, ADSK, AIG, ALK, AMG, ANET, APG, AXON and 61 more

California Consumer Privacy Act (CCPA)

subject tonamed as a risk

We are subject to numerous laws and regulations, including the EU General Data Protection Regulation (GDPR), the United Kingdom GDPR, the California Consumer Privacy Act (CCPA), and other U.S. state and international privacy laws.Risk factors (Item 1A)

Also named by AAP, AIOT, AKAM, ALL, APP, AYI, BAC, BBSI and 69 more

OECD Pillar Two global minimum tax

subject tonamed as a risk

In addition, many jurisdictions are considering or have adopted new tax regimes, such as digital services taxes and the Organization for Economic Co‑operation and Development’s Pillar Two global minimum tax framework, which countries are in the process of implementing.Risk factors (Item 1A)

Also named by ABNB, ACN, ADI, ADM, ADSK, AKAM, ALB, AMAT and 70 more

U.S. import tariffs

subject tonamed as a risk

As a result, our business is subject to a broad range of risks inherent in international sourcing and global retail operations, including changes in import duties, quotas, tariffs, and other trade restrictions; the potential introduction or expansion of taxes on imported goods; the loss of favorable trade status; trade remedy actions; geopolitical tensions; and other trade restraints affecting the countries where our vendors and manufacturers operate.Risk factors (Item 1A)

Also named by AOS, APLD, BJ, BMI, CAVA, CVLG, CVS, DTE and 18 more

California Climate Corporate Data Accountability Act

subject tonamed as a risk

We are subject to rules and regulations related to ESG matters imposed by governmental and self‑regulatory organizations, including the SEC, the New York Stock Exchange, California’s Climate Corporate Data Accountability Act and Climate‑Related Financial Risk Act, and the European Sustainability Reporting Standards.Risk factors (Item 1A)

Also named by ALL, BBSI, CMG, FCNCA, PTC, TSCO

Protecting the Right to Organize Act

subject tonamed as a risk

Potential changes to these laws—including increases in minimum wage or overtime obligations, or reforms such as the Protecting the Right to Organize Act—could significantly increase our labor costs.Risk factors (Item 1A)

Technology

GameChanger

earns from · nearly $150 million in revenue

GameChanger is a key part of our digital strategy and provides a platform to engage with our athletes in new ways with approximately 10 million unique active users on the GameChanger app and generated nearly $150 million in revenue during fiscal 2025.Business (Item 1)