Dick's Sporting Goods Stock News

Dick's Sporting Goods, the retail market share leader in sporting goods, will acquire Foot Locker, the world's largest specialty footwear retailer, for $2.4 billion, nearly tripling total store count, expanding its global presence and further solidifying leadership in both the performance athletic sector and the broader sneaker and sportswear markets.

The market's 14% sell-off in DKS stock after the Foot Locker acquisition is an overreaction, pricing in an unrealistically dire scenario. The $2.5 billion deal is not large enough to materially impair Dick's, and the market is ignoring potential synergies and strategic benefits. Management's track record, Nike's renewed wholesale focus, and Foot Locker's international reach offer real upside no...

Dick's Sporting Goods plans to acquire Foot Locker and position the combined organization to serve sports retail consumers around the world. The two companies announced the deal in a Thursday (May 15) press release, saying the transaction implies an equity value of $2.4 billion and an enterprise value of $2.5 billion.

NEW YORK , May 15, 2025 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Foot Locker, Inc. (NYSE: FL) and its board of directors concerning the proposed acquisition of the company by DICK'S Sporting Goods, Inc. (NYSE: DKS). Stockholders will receive either $24.00 or 0.1168 shares of DICK'S Sporting Goods common stock for each share of Foot Locker stock tha...

On Thursday morning, Pittsburgh-based Dick's Sporting Goods announced its plans to acquire footwear and apparel retailer Foot Locker. The two companies have entered into a merger agreement, where Dick's Sporting Goods will buy Foot Locker for $2.4 billion.

PHILADELPHIA, PA / ACCESS Newswire / May 15, 2025 / Kaskela Law LLC announces that it is investigating DICK'S Sporting Goods, Inc. (NYSE:DKS) ("DICK'S") on behalf of the company's long-term shareholders.  Click here for additional information: https://kaskelalaw.com/case/dicks/ The investigation seeks to determine whether DICK'S and/or the company's officers and directors violated the securitie...

Dick's Sporting Goods (NYSE:DKS) is making a bid to acquire rival Foot Locker, Inc. (NYSE:FL) for roughly $2.3 billion in a move that would reshape the US athletic retail landscape and give Dick's a broader reach into lower-income and international markets. The potential acquisition, first reported by The Wall Street Journal, would value Foot Locker at $24 per share—a roughly 87% premium to the...

Dick's Sporting Goods (NYSE:DKS ) Mergers & Acquisitions Call Transcript May 15, 2025 9:00 AM ET Company Participants Nate Gilch - Senior Director, Investor Relations Edward Stack - Executive Chairman Lauren Hobart - President, Chief Executive Officer Navdeep Gupta - Executive Vice President, Chief Financial Officer Conference Call Participants Brian Nagel - Oppenheimer Paul Lejuez - Citigroup ...