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Dick's Sporting Goods reports strong Q1, maintains positive outlook
Dick’s Sporting Goods has reported its first-quarter 2025 financial results, delivering diluted earnings per share of 3.24 dollars and non-GAAP diluted earnings per share of 3.37 dollars, compared to 3.30 dollars in the prior year's quarter. Looking ahead, Dick's Sporting Goods maintains its full-year 2025 guidance, anticipating comparable sales...
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Dick’s Sporting Good confirms 2.4 billion dollar acquisition of Foot Locker
US sportswear chain Dick’s Sporting Goods has confirmed its intention to acquire footwear retailer Foot Locker in a 2.4 billion dollar deal. The duo have entered a definitive merger agreement holding an enterprise value of around 2.5 billion dollars. By combining the companies, Dick’s is setting out to create a global platform within the sports...
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Foot Locker elevates Franklin Bracken to president, advancing Lace Up Plan
Footwear and apparel retailer Foot Locker has appointed Franklin Bracken, currently executive vice president and chief commercial officer, as its new president, effective immediately. Bracken will continue to report to CEO Mary Dillon. In his expanded role, Bracken will collaborate closely with Dillon to expedite the implementation of the...
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