Foot Locker

Dick's Sporting Goods reported fiscal Q1 revenue of $5.17 billion, beating estimates, but adjusted EPS of $2.90 missed expectations as $96.5 million of acquisition-related charges from the Foot Locker deal hit results. Comparable sales rose 6% at Dick's and 0.6% overall at Foot Locker (6.4% in Foot Locker U.S.), producing combined comps growth of 4.1%. The company narrowed comparable-sales guidance for both banners but lowered consolidated operating income and EPS ranges for fiscal 2026 while raising adjusted operating income guidance slightly. » More on cnbc.com

Dick’s Sporting Goods completed its $2.4 billion acquisition of Foot Locker, creating a combined retail group with more than 3,200 stores in roughly 20 countries. Foot Locker will operate as a standalone business while Dick’s plans to apply its omnichannel playbook, inventory discipline and sourcing efficiencies to restore growth and capture at least $100 million in cost savings. Management expects the deal to be earnings-accretive by 2026, though risks include margin pressure from heavy markdowning, competition from athleisure brands and shifting wholesale dynamics with Nike and Adidas. » More on forbes.com

Dick’s Sporting Goods reported Q2 2025 EPS of $4.37 and revenue of $3.65 billion and raised its full-year outlook; nevertheless, the stock fell about 5.8% in premarket trading. The company expects synergies from the planned acquisition of Foot Locker and sees further growth from footwear, apparel and digital platforms. » More on de.investing.com