Reported about 15 hours ago
Dick's Sporting Goods has successfully finalized its $2.4 billion acquisition of Foot Locker, enhancing its presence in the sneaker market with over 3,200 stores and expanding into international markets. The company anticipates that the acquisition will boost earnings per share in fiscal 2026 and plans to operate Foot Locker as a standalone entity, maintaining its brand identity.
Source: YAHOO