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HomeLifestyle NewsDick’s Sporting Maintains Outlook Ahead of Foot Locker Deal

Dick’s Sporting Maintains Outlook Ahead of Foot Locker Deal

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Dick’s Sporting Goods Inc. maintained its annual sales and profit forecast, a sign of strength as the retailer prepares to acquire struggling footwear chain Foot Locker Inc.

The company said earnings per share could be as high as $14.40 for the upcoming year. Comparable store sales are expected to gain 1 percent to 3 percent in 2025. The outlook does not include impact from its plan to buy Foot Locker.

The $2.4 billion deal for Foot Locker announced earlier this month unites two…

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