The agreement highlights the ongoing strength and strategic relevance of the sports retail industry, even in the face of ...

This news comes the same time JD Sports reported revenue in fiscal 2025 of 11.46 billion pounds, an increase of 10.2 percent ...

Moody’s Ratings placed all Foot Locker, Inc.’s debt ratings on review with direction uncertain following the announcement ...

Foot Locker, Inc. (FL) shares soar on news of acquisition by Dick's Sporting Goods (DKS). Deal values FL at $2.4B and offers ...

Dick’s Sporting Goods has agreed to purchase Foot Locker Inc. in a deal worth roughly $2.4 billion USD, as the company aims ...

Foot Locker’s comparable sales saw a 2.6% decrease from the previous year’s figures. The North America region specifically experienced a 0.5% decline in comparable sales. The anticipated loss per ...

Within Dick's portfolio, Foot Locker will operate as an independent business unit and maintain its brand's identity.

Foot Locker acquisition seems overblown, given management strength and solid preliminary earnings. Read why the DKS dip is a ...

Dick’s Sporting Goods (NYSE:DKS), the largest sports retailer in the United States, is reportedly close to finalizing a $2.3 billion acquisition of Foot Locker (NYSE:FL).

Dick’s Sporting Goods are set to buy up rival Foot Locker in a $2.4 billion deal in a move that is aimed to future-proof them from Trump’s terrible tariffs.

Based on Foot Locker’s closing stock price on May 14, 2025, the $24.00 per-share consideration reflects a premium of about 66% over Foot Locker’s 60-trading-day volume-weighted average price.

President Donald Trump’s tariffs threaten the footwear industry as a whole, but Foot Locker, in particular, has been under pressure from the steady decline ... fourth-quarter sales were down ...