Acquiring Company
DICK's Sporting Goods
Acquired Company
Foot Locker
Description
Dick’s Sporting Goods has officially acquired Foot Locker for $2.4 billion, expanding its footprint in the sneaker market. The acquisition will allow Dick’s to operate Foot Locker as a standalone business. With this deal, both companies aim to leverage their strengths and drive growth in the sporting goods sector. The acquisition follows the necessary antitrust review and has received shareholder approval.
Quick answer
DICK's Sporting Goods is acquiring Foot Locker for $2.4 billion, announced September 8, 2025. DICK's Sporting Goods is based in Coraopolis, Pennsylvania, United States.
- How much did DICK's Sporting Goods pay for Foot Locker?
- The reported deal value is $2.4 billion.
- What does DICK's Sporting Goods do?
- DICK's Sporting Goods is a leading omnichannel sporting goods retailer offering a wide range of sports equipment, apparel, and footwear.
- Where are DICK's Sporting Goods and Foot Locker based?
- DICK's Sporting Goods is based in Coraopolis, Pennsylvania, United States. Foot Locker is based in New York, New York, United States.
- Who are the decision-makers at DICK's Sporting Goods?
- Fundz holds 3 contacts at DICK's Sporting Goods. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Sports and E Commerce
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Authentic Brands Group to acquire Puma SE (September 18, 2025)
- Authentic Brands to acquire Guess?, Inc. for $16.75/share (October 18, 2025)
- Authentic Brands to acquire Guess? for $16.75/share (October 10, 2025)
- Authentic Brands Group to acquire majority stake in Guess? (August 20, 2025)
- MySize acquires Percentil, boosts Q2 revenue (August 18, 2025)
- Tanger acquires Legends Outlets in Kansas City (September 16, 2025)
Who to call at DICK's Sporting Goods, and when
When DICK's Sporting Goods changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day DICK's Sporting Goods raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at DICK's Sporting Goods, from your own LinkedIn network
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Frequently asked
Who acquired Foot Locker?
Foot Locker was acquired by DICK's Sporting Goods, based in Coraopolis. The deal was reported on September 8, 2025. 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 publicly traded (DKS) 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 8, 2025. Dick’s Sporting Goods has officially acquired Foot Locker for $2.4 billion, expanding its footprint in the sneaker market. The acquisition will allow Dick’s to operate Foot Locker as a standalone business. 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, and is based in New York.
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