During a recent event celebrating Foot Locker's 50th anniversary in New York City, it was hard to imagine that the legacy sneaker chain was appearing on bankruptcy watch lists as recently as March.
Dick’s Sporting Goods raised its full-year guidance after a strong third-quarter performance, even as it begins the task of turning around its newly acquired Foot Locker business. Senior executives ...
Foot Locker slashed its full-year guidance Wednesday after reporting a rough set of quarterly results that could be a warning sign for its largest brand partner Nike. The sneaker giant fell short of ...
DICK’S Sporting Goods (DKS) has recouped an early loss and is modestly higher at midday as Wall Street reconsiders mixed third quarter results and the potential for the company to successfully absorb ...
Editor’s Note: This story has been updated to correct the remarks made by executive chairman Ed Stack. (NEXSTAR) — Just months after completing its acquisition of Foot Locker, Dick’s Sporting Goods ...
(Corrects stock move in paragraph 2 to 3% from 6% in early trading, not premarket; also corrects margin forecast drop in paragraph 8 to a range of 1,000 to 1,500 basis points, not 1,500 basis points ...
With the merger of DICK’S Sporting Goods (NYSE:DKS) and Foot Locker complete, Citi Research sees the combination as a “powerful force in the world of athletic footwear and apparel” making DICK’S (NYSE ...
Dick's Sporting Goods (NYSE: DKS) has agreed to acquire Foot Locker (NYSE: FL) for $2.5 billion, which is a substantial premium to the target's current trading price. Foot Locker shares are jumping as ...
Foot Locker slashed its full-year guidance Wednesday after reporting a rough set of quarterly results that could be a warning sign for its largest brand partner Nike. Stream NBC 5 for free, 24/7, ...
Foot Locker is about to get transformed by new owner Dick's Sporting Goods as the latter's executive chairman gets candid about what went wrong at the sneaker retailer. "We're doing all that our ...