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Dick’s Sporting Goods Completes Acquisition of Foot Locker

Story Highlights
  • DICK’S Sporting Goods completed its acquisition of Foot Locker on September 8, 2025.
  • The merger expands DICK’S to over 3,200 stores globally, enhancing market reach and partnerships.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Dick’s Sporting Goods Completes Acquisition of Foot Locker

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Dick’s Sporting Goods ( (DKS) ) just unveiled an update.

On September 8, 2025, DICK’S Sporting Goods completed its acquisition of Foot Locker, positioning itself as a global leader in the sports retail industry. This merger expands DICK’S operational footprint to over 3,200 stores across 20 countries, enhancing its market reach and brand partnerships. The transaction is expected to yield significant cost synergies and boost earnings per share in Fiscal Year 2026. A new leadership team has been appointed to drive growth and turnaround strategies for Foot Locker, with Ann Freeman leading North America operations.

The most recent analyst rating on (DKS) stock is a Buy with a $256.00 price target. To see the full list of analyst forecasts on Dick’s Sporting Goods stock, see the DKS Stock Forecast page.

Spark’s Take on DKS Stock

According to Spark, TipRanks’ AI Analyst, DKS is a Outperform.

Dick’s Sporting Goods receives a strong overall score due to its robust financial performance and positive earnings call sentiment. The company’s strategic initiatives, including the acquisition of Foot Locker and expansion of specialty store concepts, bolster its market position. While technical indicators show moderate bullish momentum, valuation metrics suggest the stock is fairly priced, providing a balanced investment opportunity.

To see Spark’s full report on DKS stock, click here.

More about Dick’s Sporting Goods

DICK’S Sporting Goods is a leading omni-channel retailer based in the U.S., known for its sporting goods and apparel. The company operates under various banners including DICK’S Sporting Goods, Golf Galaxy, and Foot Locker, serving a global market across North America, Europe, Asia, and Australia. DICK’S is committed to supporting youth sports and community initiatives through its Sports Matter program.

Average Trading Volume: 1,635,724

Technical Sentiment Signal: Strong Buy

Current Market Cap: $17.72B

For an in-depth examination of DKS stock, go to TipRanks’ Overview page.

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