DICK'S Sporting Goods Names Matthew Barnes President, Foot Locker International
Rhea-AI Summary
DICK'S Sporting Goods (NYSE:DKS) named Matthew Barnes President, Foot Locker International, effective December 3, 2025. Barnes will lead Foot Locker's international stores, eCommerce and digital operations across Europe, Asia and Australia and oversee licensed store presence in the Middle East and Asia. He reports to Ed Stack, Executive Chairman, who leads the Foot Locker business within DICK'S after DICK'S completed its acquisition of Foot Locker in September 2025. Management says Barnes will focus on strategic growth, accelerating momentum and executing targeted turnaround strategies. Barnes brings nearly three decades of global retail leadership, including senior roles at Aldi and service as UK CEO at Tesco.
Positive
- Appointment effective December 3, 2025
- Foot Locker acquisition completed in September 2025
- Nearly 30 years of global retail leadership at Aldi and Tesco
Negative
- None.
News Market Reaction – DKS
On the day this news was published, DKS gained 0.20%, reflecting a mild positive market reaction. Argus tracked a trough of -5.1% from its starting point during tracking. Our momentum scanner triggered 9 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $37M to the company's valuation, bringing the market cap to $18.50B at that time.
Data tracked by StockTitan Argus on the day of publication.
In his position at Foot Locker, now part of DICK'S Sporting Goods following its acquisition in September 2025,
"We are thrilled to welcome Matthew Barnes to our outstanding Foot Locker management team as we bring the business back to where it belongs at the top of our industry and position it for its next phase of global growth," said Stack. "Matthew's proven tenure working with prominent global brands to transform and grow their businesses makes him the ideal leader to elevate Foot Locker's international platform."
"Matthew is a highly accomplished global retail executive and has longstanding familiarity with the international markets where Foot Locker operates," said Lauren Hobart, President and CEO of DICK'S. "His expertise will be invaluable in strengthening our ability to deliver growth and generate value for our customers, brand partners, team members and shareholders, and we are delighted to have him on board."
"I am honored to join Foot Locker, a brand with deep recognition across the globe, at such a pivotal and exciting time for the sports retail industry," said
About DICK'S Sporting Goods, Inc.
DICK'S Sporting Goods creates confidence and excitement by inspiring, supporting and personally equipping all athletes to achieve their dreams. Founded in 1948 and headquartered in
Driven by its belief that sports have the power to change lives, DICK'S has been a longtime champion for youth sports and, together with its Foundation, has donated millions of dollars to support under-resourced teams and athletes through the Sports Matter program and other community-based initiatives. Additional information about DICK'S business, corporate giving and employment opportunities can be found on dicks.com, investors.dicks.com, sportsmatter.org, dickssportinggoods.jobs and on Instagram, TikTok, Facebook and X.
Contact:
Media Relations:
(724) 273-5552 or press@dcsg.com
Category: Company News
FAQ
When does Matthew Barnes start as President of Foot Locker International at DKS?
What regions will Matthew Barnes oversee for Foot Locker under DKS (DKS)?
How does Matthew Barnes report within DICK'S leadership after the Foot Locker acquisition?
When did DICK'S complete its acquisition of Foot Locker referenced in the announcement?
What relevant experience does Matthew Barnes bring to Foot Locker at DKS?
