In a $2.4 billion deal, Dick’s Sporting Goods is acquiring rival Foot Locker, the companies announced Thursday. The combination gives Dick’s international exposure for the first time through Foot ...
Dick’s Sporting Goods raised its full-year guidance after a strong third-quarter performance, even as it begins the task of turning around its newly acquired Foot Locker business. Senior executives ...
Foot Locker slashed its full-year guidance Wednesday after reporting a rough set of quarterly results that could be a warning sign for its largest brand partner Nike. The sneaker giant fell short of ...
With the merger of DICK’S Sporting Goods (NYSE:DKS) and Foot Locker complete, Citi Research sees the combination as a “powerful force in the world of athletic footwear and apparel” making DICK’S (NYSE ...
(Corrects stock move in paragraph 2 to 3% from 6% in early trading, not premarket; also corrects margin forecast drop in paragraph 8 to a range of 1,000 to 1,500 basis points, not 1,500 basis points ...
SAN FRANCISCO, Jan 8 (Reuters) - Foot Locker said it was consolidating its management team, cutting jobs and closing 117 stores this quarter as the athletic shoe retailer reorganizes its business ...
Editor’s Note: This story has been updated to correct the remarks made by executive chairman Ed Stack. (NEXSTAR) — Just months after completing its acquisition of Foot Locker, Dick’s Sporting Goods ...
During a recent event celebrating Foot Locker’s 50th anniversary in New York City, it was hard to imagine that the legacy sneaker chain was appearing on bankruptcy watch lists as recently as March.
Foot Locker slashed its full-year guidance Wednesday after reporting a rough set of quarterly results that could be a warning sign for its largest brand partner Nike. Stream NBC 5 for free, 24/7, ...
Foot Locker is about to get transformed by new owner Dick's Sporting Goods as the latter's executive chairman gets candid about what went wrong at the sneaker retailer. "We're doing all that our ...
Dick’s Sporting Goods on Tuesday missed estimates for third-quarter profit and warned of up to $750 million in charges tied to a sweeping review of its recently acquired Foot Locker business that ...
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