DICK'S Sporting Goods Completes Acquisition of Foot Locker
1. DICK'S acquires Foot Locker, expanding its global retail presence. 2. The merger will operate 3,200 stores across 20 countries. 3. DICK'S anticipates $100-125 million in cost synergies post-acquisition. 4. New leadership aims to revitalize Foot Locker's market position. 5. The deal is expected to enhance DICK'S EPS in FY 2026.