Dicks Sporting Goods Inc Stock Price, News & Analysis

DICK'S Sporting Goods (NYSE: DKS) announced the extension of its exchange offer deadline for Foot Locker's 4.000% Senior Notes due 2029. The expiration date has been extended from August 1, 2025, to August 29, 2025, allowing eligible holders more time to exchange their Foot Locker Notes for new DICK'S Notes.

As of August 1, 2025, $379,435,000 (94.86%) of the aggregate principal amount of Foot Locker Notes had been validly tendered. The exchange offer is part of DICK'S previously announced merger with Foot Locker, where Foot Locker will become a wholly owned subsidiary of DICK'S.

Holders will receive $1,000 in DICK'S Notes for every $1,000 of Foot Locker Notes tendered. The settlement date is expected within two business days after the new expiration date.

DICK'S Sporting Goods (NYSE: DKS) has announced its biggest summer sale event, DICK'S Deal Days, running from July 7-10, 2025. The four-day savings event features significant discounts across multiple categories including apparel, footwear, team sports, fitness equipment, and golf.

Key offers include up to 50% off select apparel from exclusive and top athletic brands, footwear discounts including 50% off select cleats, and substantial savings on fitness equipment such as 60% off select Horizon Treadmills. ScoreCard loyalty members and mobile app users will receive exclusive benefits, including $20 off mobile app orders of $100+ on July 7 and a $20 bonus reward on purchases of $150+ from July 8-10.

DICK'S Sporting Goods (NYSE: DKS) has announced a multi-year extension of its partnership with the Women's National Basketball Association (WNBA) through the 2028 season. The company will continue as the Official Sporting Goods Retailer and Marketing Partner of the WNBA, the Chicago Sky, and Minnesota Lynx.

The expanded partnership includes new elements such as DICK'S becoming a Proud Partner of the Jr. WNBA and the integration of GameChanger, DICK'S youth sports mobile platform, as an Official Marketing Partner. The company maintains its commitment to women's sports through the It's Her Shot initiative, which has hosted 20 events in 12 WNBA markets, reaching over 3,000 young athletes and donating more than $300,000 to youth organizations.

DICK'S will continue offering WNBA merchandise at more than 300 retail locations across all 13 WNBA markets, as well as through their online platforms. The partnership includes presence in-game, on social and digital channels, across broadcasts, and at marquee WNBA events.

DICK'S Sporting Goods announced significant progress in its exchange offer for Foot Locker's outstanding notes, with 92.35% ($369,381,000) of Foot Locker's 4.000% Senior Notes due 2029 tendered by the Early Participation Date. The exchange offer includes up to $400 million in new DICK'S notes and potential cash compensation. DICK'S has received sufficient consents to modify the notes' terms through a supplemental indenture, which will become operative upon the merger closing. The company extended the early participation premium offer of $30.00 per $1,000 in notes for holders who tender after the Early Participation Date but before August 1, 2025. The exchange offer is contingent on the closing of DICK'S acquisition of Foot Locker.

DICK'S Sporting Goods and Affirm have extended their partnership that began in 2020, enhancing the checkout experience on DICKS.com and GolfGalaxy.com. Eligible shoppers can now directly select Affirm's flexible payment plans at checkout, offering biweekly or monthly payments for up to 36 months with APR as low as 0%. The integration allows customers to split purchases of sports equipment, apparel, footwear, and outdoor essentials with no late or hidden fees after a quick eligibility check. This partnership expansion comes just in time for the summer shopping season, providing DICK'S customers with more payment flexibility and convenience. Affirm currently partners with nearly 360,000 retail partners.

Uber Technologies and DICK'S Sporting Goods announced a strategic partnership to offer on-demand delivery of sporting goods through the Uber Eats platform. Over 800 DICK'S Sporting Goods and Golf Galaxy locations across the US will be available on Uber Eats, allowing customers to order athletic apparel, equipment, and gear for delivery. The partnership includes a launch promotion offering up to 30% off select items, with Uber One members receiving free delivery on eligible orders. This expansion marks Uber's continued growth beyond food delivery into retail, while DICK'S enhances its omnichannel strategy by providing faster, more convenient shopping options to customers. The service is accessible through the Uber Eats app's Retail category, where customers can browse and order from their local DICK'S or Golf Galaxy locations.

DICK'S Sporting Goods (NYSE: DKS) has been named the Official Sporting Goods Retail Partner of Fanatics Fest NYC 2025, taking place June 20-22 at the Javits Center. The company will serve as the Presenting Partner of the Fanatics Fest Kids Zone and participate in Fanatics Games. The partnership includes several fan experiences, such as displaying the one-of-one Paul Skenes Topps MLB Debut Patch card, HitTrax batting cages, golf simulators with TrackMan technology, and appearances by brand ambassador IShowSpeed. The Kids Zone will feature open play activities, combine-style training, and professional athlete meet-and-greets in collaboration with Nike, GameChanger, and RCX Sports. The 2025 event will be larger than its predecessor, featuring expanded programming, superstores, autograph zones, exclusive collaborations, and a larger trading card exhibit.

DICK'S Sporting Goods (NYSE: DKS) has launched an exchange offer for Foot Locker's 4.000% Senior Notes due 2029, in connection with its planned acquisition of Foot Locker. The exchange offer allows eligible holders to swap their Foot Locker Notes for new DICK'S Notes and a consent payment. For each $1,000 of Foot Locker Notes, holders can receive up to $1,000 in DICK'S Notes and a consent payment ranging from $2.50 to $5.00. The exchange includes $970 in base consideration plus a $30 early participation premium for those who tender by June 20, 2025. The offer expires on August 1, 2025, and is contingent upon receiving tenders of at least 50% of Foot Locker Notes and the completion of DICK'S acquisition of Foot Locker.

DICK'S Sporting Goods (NYSE: DKS) reported strong Q1 2025 results with record first quarter sales of $3.175 billion, up 5.2% year-over-year. The company achieved 4.5% comparable sales growth, marking its fifth consecutive quarter with comps over 4%. Key financial metrics include: • Non-GAAP earnings per share of $3.37 vs $3.30 in prior year • EBT margin of 11.0% and non-GAAP EBT margin of 11.4% • Quarterly dividend of $1.2125 per share declared The company announced plans to acquire Foot Locker for approximately $2.4 billion, offering shareholders either $24.00 in cash or 0.1168 DKS shares per Foot Locker share. DICK'S reaffirmed its 2025 outlook, expecting: • Comparable sales growth of 1.0% to 3.0% • Earnings per diluted share of $13.80 to $14.40 • Net sales of $13.6-13.9 billion