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Dick’s acquires Foot Locker for $2.4 billion

Foot Locker sees $363m Q1 2025 loss amid pending $2.4bn Dick’s deal

US footwear and apparel retailer Foot Locker anticipates a net loss of $363m in its preliminary first-quarter results for fiscal 2025, a stark contrast to the $8m net income reported in the same period of the previous year.

The Associated Press- Sports on … · 1d

Foot Locker being sold to Dick’s Sporting Goods for $2.4 billion

Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company in as

Yahoo Finance · 1d

Dick’s acquiring Foot Locker: What it means for Nike stock?

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).

SGB Online1d

Foot Locker, Inc. Swings to Q1 Loss as Global Comps Fall 2.6 Percent

The net loss for the period is expected to be $363 million, as compared with net income of $8 million in the prior-year Q1 ...

NBC Washington1d

Dick's Sporting Goods to acquire Foot Locker for $2.4 billion in effort to corner Nike market

Foot Locker reported comparable sales down 2.6% from the prior-year period, led by a slowdown internationally, and expects to see a net loss of $363 million for the period, compared with net ...

FOOT LOCKER, INC. REPORTS PRELIMINARY FIRST QUARTER 2025 FINANCIAL RESULTS

Foot Locker, Inc. (NYSE: FL) today reported select preliminary financial results for its first quarter ended May 3, 2025.

AOL1d

Dick's Sporting Goods takes on major risk with $2.4 billion bet on Foot Locker

Foot Locker posted a same-store sales decline of 2.6% in preliminary ... And as Nike becomes less promotional, there's room for margin expansion ahead. Though Dick's will keep its stores ...

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