DICK'S Sporting Goods Completes Acquisition of Foot Locker
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 08 2025
0mins
Source: PRnewswire
Acquisition Announcement: DICK'S Sporting Goods has completed its acquisition of Foot Locker, positioning itself as a global leader in the sports retail industry with over 3,200 stores and a presence in 20 countries.
Leadership and Strategy: A new leadership team has been appointed for Foot Locker, with Ed Stack leading the global business, and the company anticipates $100 million to $125 million in cost synergies, aiming for growth and enhanced consumer experiences.
Analyst Views on DKS
Wall Street analysts forecast DKS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DKS is 242.40 USD with a low forecast of 177.00 USD and a high forecast of 298.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
18 Analyst Rating
11 Buy
6 Hold
1 Sell
Moderate Buy
Current: 212.880
Low
177.00
Averages
242.40
High
298.00
Current: 212.880
Low
177.00
Averages
242.40
High
298.00
About DKS
DICK'S Sporting Goods, Inc. is an omni-channel sporting goods retailer. The Company owns and operates Golf Galaxy, Public Lands, and Going Going Gone! specialty concept stores, and also offers its products online and through its mobile applications. It also owns and operates DICK’S House of Sport and Golf Galaxy Performance Center, as well as GameChanger, a youth sports mobile platform for livestreaming, scheduling, communications and scorekeeping. The Company operates over 3,200 stores e-commerce and digital businesses across 20 countries in North America, Europe, Asia, and Australia, plus a licensed store presence in Europe, the Middle East and Asia. It carries a wide variety of national brands, including but not limited to adidas, Asics, Brooks, Callaway Golf, Carhartt, Columbia, Hoka, Jordan, New Balance, Nike, Peloton, The North Face, Under Armour, Wilson, Yeti, and others. It also owns and operates brands such as Foot Locker, Kids Foot Locker, Champs Sports, WSS, and atmos.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
