“The company has initiated a review of unproductive assets which includes clearing out unproductive inventory, closing underperforming stores, and right sizing assets that don’t align with our go-forward vision for the Foot Locker Business. These actions along with additional merger and integration costs, are expected to result in future pre-tax charges of $500M-$750M.”
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DKS:
- Dick’s Sporting sees FY25 CapEx $1.2B on gross basis, $1B on net basis
- Dick’s Sporting ‘taking strategic actions to address unproductive assets’
- Dick’s Sporting reports Q3 adjusted EPS $2.78, consensus $2.71
- Dick’s Sporting raises FY25 EPS view to $14.25-$14.55 from $13.90-$14.50
- These Are the Stocks Reporting Earnings Today – November 25, 2025