Foot Locker Stock News

Foot Locker posted weaker results in its latest quarter, extending a challenging period for the company ahead of a planned buyout by Dick's Sporting Goods.

•  Total Sales Down 4.6% Year-over-Year and Comparable Sales Down 2.6% •  GAAP EPS Loss of $3.81 and Non-GAAP EPS Loss of $0.07 •  Continued Store Modernization Efforts with 69 Refreshes •  Launched New Champs Sports and Kids Foot Locker Mobile Apps NEW YORK , May 29, 2025 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL) today reported financial results for its first quarter ended May 3, 2025. Mary...

Retailer Foot Locker Inc (NYSE:FL) will announce its latest quarterly results before the open Thursday, May 29.

JD Sports Fashion PLC (LSE:JD.) shares fell 8% on Wednesday morning as the retailer reported annual results and commentary on first-quarter trading that revealed worse trading than expected.

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.

JD Sports Fashion PLC (LSE:JD.) could become a target for a take-private deal, according to a note from Citi, which highlights how depressed valuations and favourable financial mechanics could make a buyout feasible and potentially lucrative.

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 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: