Consumer Goods

Foot Locker Stock Soars on Reports of Potential $2.3B Dick's Buyout

Dick’s Sporting Goods Acquires Foot Locker for $2.4 Billion

05/15/2025

In a significant move within the retail sector, Dick’s Sporting Goods has announced its acquisition of the struggling footwear chain Foot Locker for approximately $2.4 billion. This marks the second major buyout in the footwear industry in just a few weeks, as companies navigate the challenges posed by ongoing trade…