Acquiring Company
DICK's Sporting Goods
Acquired Company
Foot Locker
CoraopolisSportsE CommerceFashionRetailSporting GoodsOtherDescription
On September 8, 2025, DICK's Sporting Goods announced its acquisition of Foot Locker, Inc. for approximately $2.5 billion in cash and stock. The acquisition was marketed as a strategic move to enhance growth and profitability, despite ongoing challenges with Foot Locker's inventory. Subsequent disappointing financial results raised concerns among investors, leading to a significant drop in DICK's stock price.
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Based on deal dataFrequently asked
Who acquired Foot Locker?
Foot Locker was acquired by DICK's Sporting Goods, based in Coraopolis. The deal was reported on September 19, 2026. DICK's Sporting Goods is a leading omnichannel sporting goods retailer offering a wide range of sports equipment, apparel, and footwear. Founded in 1948, it operates in various locations across the United States. DICK's Sporting Goods is privately held and operates in Sports.
When did DICK's Sporting Goods acquire Foot Locker?
DICK's Sporting Goods's acquisition of Foot Locker was reported on September 19, 2026. On September 8, 2025, DICK's Sporting Goods announced its acquisition of Foot Locker, Inc. for approximately $2.5 billion in cash and stock. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Foot Locker do?
Foot Locker, Inc. leads the celebration of sneaker and youth culture around the globe through a portfolio of brands including Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, WSS, Footaction, and Sidestep. It is privately held, operating in Other.
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