The transaction still needs approval from Foot Locker shareholders.Dick's stock dropped more than ... like Nike and Adidas shifting their sales strategies. Skechers had fallen almost 8% this ...

As malls across America struggle for shoppers, DICK’S Sporting Goods, Inc. announced plans to acquire Foot Locker, Inc. for $2.5 billion. The merger agreement permits Foot Locker shareholders to elect ...

At best we see moderate market share and cost advantages arising from the FL deal, but ultimately fear Foot Locker being an overhang and a drift away from DICK's incumbent corporate strategy.

Dick’s Sporting Goods (DKS) is offering to exchange its debt for Foot Locker’s $400 million outstanding debt as part of its ...

Foot Locker reported total net sales amounting to $1.79bn in Q1 2025, down 4.6% from $1.87bn in the same quarter of the previous year.