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Zacks.com on MSNRetail ETFs Set to Gain on Dick's $2.4B Foot Locker BuyoutDick’s Sporting Goods DKS, the nation’s leading sporting goods retailer, is set to acquire struggling shoe chain Foot Locker ...
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GlobalData on MSNFoot Locker sees $363m Q1 2025 loss amid pending $2.4bn Dick’s dealUS footwear and apparel retailer Foot Locker anticipates a net loss of $363m in its preliminary first-quarter results for ...
Dick’s Sporting Goods has agreed to purchase Foot Locker Inc. in a deal worth roughly $2.4 billion USD, as the company aims ...
This news comes the same time JD Sports reported revenue in fiscal 2025 of 11.46 billion pounds, an increase of 10.2 percent ...
President Donald Trump’s tariffs threaten the footwear industry as a whole, but Foot Locker, in particular, has been under pressure from the steady decline ... fourth-quarter sales were down ...
Foot Locker’s comparable sales saw a 2.6% decrease from the previous year’s figures. The North America region specifically experienced a 0.5% decline in comparable sales. The anticipated loss per ...
The move by Moody’s comes in the wake of Dick’s Sporting Goods (NYSE: DKS ), Inc.’s definitive agreement to acquire Foot Locker for an estimated enterprise value of $2.5 billion. This acquisition, ...
Moody’s Ratings placed all Foot Locker, Inc.’s debt ratings on review with direction uncertain following the announcement ...
Foot Locker CEO Mary Dillon's employment agreement limits her severance payment in a change of control situation.
Based on Foot Locker’s closing stock price on May 14, 2025, the $24.00 per-share consideration reflects a premium of about 66% over Foot Locker’s 60-trading-day volume-weighted average price.
Foot Locker shares surged 83% after Dick's Sporting Goods agreed to acquire the company in a $2.4B deal, offering $24/share or stock. Dick's expects $100–$125M in cost synergies and EPS growth ...
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