DICK'S Sporting Goods Completes Acquisition of Foot Locker
1. DICK'S acquires Foot Locker, enhancing global retail presence in sports. 2. Combined operations will exceed 3,200 stores across 20 countries. 3. Leadership team reshuffle to target strategic turnaround for Foot Locker. 4. Expected cost synergies of $100-125 million in the medium term. 5. Transaction anticipated to increase EPS by Fiscal Year 2026.