Acquiring Company
Dick's Sporting Goods
Acquired Company
Foot Locker
Description
On September 8, 2025, Dick's Sporting Goods announced the completion of its acquisition of Foot Locker for approximately $2.5 billion in cash and stock. The move was presented as a strategic opportunity for growth, although subsequent reports indicated ongoing challenges for Foot Locker. The acquisition's impact on performance was revealed by disappointing revenue reports in August 2026.
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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 10, 2026. Dick's Sporting Goods is a leading sporting goods retailer that specializes in a wide range of athletic apparel, footwear, and equipment. 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 10, 2026. On September 8, 2025, Dick's Sporting Goods announced the completion of its acquisition of Foot Locker 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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