Dick's Sporting Goods news and archive

Dick’s Sporting Goods forecasts growth following Foot Locker acquisition

US-based sports retailer Dick’s Sporting Goods has reported record-setting sales for its fourth quarter and full year ending January 31, 2026. The company, which acquired Foot Locker in September 2025, expects continued expansion in sales and profitability through fiscal 2026 as it integrates its new footwear banners. For the full year 2025,...

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Matthew Barnes named president of Foot Locker International

Dick's Sporting Goods has named seasoned global retail executive Matthew Barnes as president of Foot Locker International, effective December 3, 2025, marking a key leadership addition following the company’s acquisition of Foot Locker earlier this year. Barnes will oversee Foot Locker’s international store network, eCommerce, and digital...

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Gymshark taps Dick’s Sporting Goods as first US wholesale partner

Gymshark has established an agreement with Dick’s Sporting Goods, making the company the first US retailer to secure a wholesale partnership with the British sportswear brand. With this, Gymshark will launch in 12 Dick’s House of Sport stores. In a statement, Brendan Kirk, vice president of merchandising at Dick’s Sporting Goods, said launching...

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Inside the Dick’s Sporting Goods playbook: A deep dive into Foot Locker’s new parent company

While Foot Locker is well-known internationally, Dick’s Sporting Goods has largely flown under the radar outside of North America. But its trajectory, from a local bait-and-tackle shop to a 13 billion dollar sporting goods powerhouse, reveals a strategy built on consistent expansion, retail innovation and operational persistence. From bait shop...

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Dick's-Foot Locker merger: Stock option favoured by shareholders

Dick's Sporting Goods and Foot Locker have released the preliminary results regarding the form of payment Foot Locker shareholders will receive in the companies' merger. The deadline for shareholders to choose between cash or Dick's stock was August 29, 2025. Each share of Foot Locker common stock could be exchanged for either 24 dollars in cash...

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Dick’s Sports Goods posts record Q2 sales, raises 2025 outlook

US retailer Dick’s Sporting Goods has reported record sales for its second quarter ending August 2, 2025. As such, the company opted to raise its full year 2025 guidance. The brand’s comparable sales rose 5 percent, while net sales came to 3.65 billion dollars, an increase of 5 percent on the 3.47 billion dollars in the same period last year....

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Foot Locker sees sales slow down in Q2 amid acquisition

Foot Locker Inc. has reported a total sales decrease of 2.4 percent to 1.85 billion dollars for the second quarter of 2025, marginally down from 1.89 billion dollars in the same period last year. The decline comes as the New York-based athletic retailer prepares for its acquisition by US company Dick’s Sporting Goods. Excluding the effect of...

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Foot Locker shareholders approve of Dick’s Sporting Goods takeover

The shareholders of Foot Locker have approved of the footwear retailer’s acquisition by Dick’s Sporting Goods for a proposed sum of 2.4 billion dollars. Under the terms of the agreement, initially announced in May, shareholders can opt to receive either 24 dollars in cash or 0.1168 shares of Dick’s common stock for each share of Foot Locker...

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US Senator Warren warns Foot Locker-Dick's merger could raise prices, hurt small businesses

U.S. Senator Elizabeth Warren (D-Mass.) has sent a letter to the Federal Trade Commission (FTC) and the Department of Justice’s Antitrust Division, urging them to carefully scrutinise and potentially block the proposed acquisition of Foot Locker by Dick’s Sporting Goods. The Senator expressed concern that the merger of two of the largest...

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Dick's Sporting Goods renews multiyear partnership with the WNBA

Dick's Sporting Goods has renewed its partnership with the Women's National Basketball Association (WNBA. The two announced a multi-year partnership extension on July 1, which originally began in Fall 2021. Following the renewed partnership, Dick's will continue to act as the Official Sporting Goods Retailer and an Official Marketing Partner of...

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Dick’s Sporting Goods teams up with Uber Eats for on-demand delivery

Dick’s Sporting Goods has partnered with Uber Technologies to bring an offering of sportswear, footwear and sports gear to its on-demand delivery platform. Beginning this week, over 800 Dick’s Sporting Goods and Golf Galaxy stores will be available to browse and purchase from on Uber Eats, enabling on-demand or scheduled delivery of various...

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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...