Dick's Acquires Foot Locker

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Foot Locker, DICK'S Sporting Goods

Dick’s to acquire Foot Locker in $2.4B deal

Analysts are not sold on the deal, which adds a struggling retailer to Dick's strong portfolio, but executives expressed confidence they could turn Foot Locker around.

CNBC on MSN · 14d

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

The combined company will have a competitive edge in the Nike sneaker market and will provide Dick's access to international markets, plus a younger consumer.

Forbes · 13d

Dick’s Acquires Foot Locker For $2.4 Billion, Building Share In Sports And Sneaker Markets

Dick’s, the retail leader in sporting goods, will acquire Foot Locker, the leading specialty footwear retailer, for $2.4 billion. Both depend heavily on sneaker sales.

Dick’s Sporting Goods Delivers Record Q1 Sales, Maintains Full-year Guidance

The company saw net sales increase 5.2 percent to $3.18 billion in the first quarter, up from $3.02 billion the same time ...

20h

Foot Locker Swings to 1Q Loss, Sales Weaken Ahead of Acquisition by Dick's

UBS analyst Michael Lasser, in a research note following the announced acquisition, said Foot Locker falling short of consensus estimates would fuel the perspective that it will be difficult to ...

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Foot Locker, DICK'S Sporting Goods

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