Foot Locker Stock Surge - Search News

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DICK'S Sporting Inks an Agreement to Buy Foot Locker

New York Post on MSN · 18h

Foot Locker shares surge 85% after Dick’s Sporting Goods agrees to buy rival for $2.4B

Dick’s Sporting Goods has agreed to buy smaller rival Foot Locker for $2.4 billion, the second major footwear deal this month after the buyout of Skechers, as US retailers look to navigate a tough demand landscape.

MarketWatch · 1d

Foot Locker Shares Surge Following WSJ Report of Buyout by Dick's Sporting Goods

Shares of Foot Locker surged after The Wall Street Journal reported that Dick's Sporting Goods is nearing a $2.3 billion deal to buy the sneaker retailer. Foot Locker's stock soared 70%, to $21.90, in after-hours trading. Through Wednesday's close, the stock has lost more than 40% of its value in the past year.

USA TODAY · 12h

Foot Locker stock surges 83% after acquisition news from Dick's Sporting Goods

Dick's has been a top operator for years, and the company expects this deal to contribute to earnings in the first full year following its close.

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Hightower's Stephanie Link on top retail stocks to own: COST, AMZN, WMT

Stephanie Link, Hightower Advisors chief investment strategist on portfolio manager, joins 'Squawk Box' to break down Walmart ...

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Foot Locker sees 2.6% drop in comparable sales in Q1

Foot Locker reports Q1 sales decline and adjusted net loss amid softer global traffic. Shares surge 81% on $2.4B DICK'S ...

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