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Dick's Sporting Goods completes Foot Locker acquisition

PRIVATESep 10, 2026about 2 hours ago

Acquiring Company

Dick's Sporting Goods

Acquired Company

Foot Locker

CoraopolisSportsE CommerceFashionRetailSporting GoodsOther

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.

Company Information

Company

Dick's Sporting Goods

Location

12 JOHN ALLAN CAMERON ST

Coraopolis, Pennsylvania, United States

About

Dick's Sporting Goods is a leading sporting goods retailer that specializes in a wide range of athletic apparel, footwear, and equipment. The company operates stores across the United States and focuses on providing quality merchandise to sports enthusiasts. Dick's is committed to promoting an active and healthy lifestyle. They aim to enhance sports participation through their diverse product offerings.

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Predictive Intelligence
Strategic

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently 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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