Welcome to our dedicated page for Dicks Sporting Goods news (Ticker: DKS), a resource for investors and traders seeking the latest updates and insights on Dicks Sporting Goods stock.
DICK'S Sporting Goods, Inc. (NYSE: DKS) generates a steady flow of news that reflects its role in the sporting goods retail industry, its expansion through acquisitions and its focus on youth sports and sport-related culture. Founded in 1948 and headquartered in Pittsburgh, Pennsylvania, the company operates banners such as DICK'S Sporting Goods, Golf Galaxy, Public Lands and Going Going Gone!, and it owns the Foot Locker business, including the Foot Locker, Kids Foot Locker, Champs Sports, WSS and atmos banners.
News about DICK'S Sporting Goods frequently covers financial results and outlook, including quarterly earnings releases, comparable sales trends and updates to guidance for what it calls the DICK'S Business. These announcements may also discuss the performance of the Foot Locker Business following its acquisition and provide commentary on integration activities and asset reviews.
Investors and followers can also expect corporate and strategic updates, such as the completion of the Foot Locker acquisition, capital markets transactions, and leadership appointments. For example, the company has reported the appointment of a President of Foot Locker International to oversee international operations across Europe, Asia and Australia.
Another major category of news involves marketing campaigns, brand content and seasonal promotions. DICK'S Sporting Goods issues releases on holiday campaigns, gift guides, and Black Friday or other seasonal deals, often featuring well-known athletes and entertainers. Its in-house Cookie Jar & A Dream Studios produces sports-focused content like the unscripted series "Play It Forward: Game On," which also appears in company news.
Finally, DICK'S Sporting Goods regularly highlights community and philanthropic initiatives tied to The DICK'S Sporting Goods Foundation and the Sports Matter program, including matched donations and partnerships to build youth sports facilities. For ongoing coverage of these developments, this news page aggregates company press releases and related updates in one place.
DICK'S Sporting Goods (NYSE: DKS) said it expects to hire about 14,000 seasonal teammates for the 2025 holiday season, with 9,100 for DICK'S, DICK'S House of Sport and Public Lands, ~500 for Going, Going, Gone!, and ~4,750 added by Foot Locker banners.
The company will hold its eighth-annual National Signing Day on October 22, 2025 and plans to open 13 House of Sport stores before the holidays. Stores and DCs will be closed on Thanksgiving, Nov. 27, 2025; online shopping remains available.
DICK'S Sporting Goods (NYSE: DKS) has announced the final results of its exchange offer for Foot Locker's 4.000% Senior Notes due 2029. The exchange offer, which expired on September 9, 2025, saw 95.48% participation with $381,932,000 of the $400,000,000 aggregate principal amount tendered.
DICK'S will issue $381,932,000 in new 4.000% Senior Notes due 2029 and pay $1,000,000 in cash as a consent payment. A supplemental indenture was executed on June 20, 2025, with certain amendments becoming effective immediately prior to DICK'S acquisition of Foot Locker. The final settlement is expected on September 11, 2025.
DICK'S Sporting Goods (NYSE: DKS) has completed its acquisition of Foot Locker, creating a global sports retail powerhouse operating over 3,200 stores across 20 countries. The combined company will maintain Foot Locker's portfolio of brands, including Foot Locker, Kids Foot Locker, Champs Sports, WSS, and atmos.
DICK'S Executive Chairman Ed Stack will lead the global Foot Locker businesses, with former Nike executive Ann Freeman appointed as President of Foot Locker North America. The transaction is expected to generate $100-125 million in cost synergies and become EPS accretive in Fiscal Year 2026, excluding one-time costs.
The merger aims to strengthen relationships with key brand partners through enhanced global reach and visibility while serving a broader consumer base across differentiated retail concepts.
DICK'S Sporting Goods (NYSE: DKS) and Foot Locker (NYSE: FL) have announced preliminary election results for their upcoming merger consideration. Based on the August 29, 2025 deadline results, 92.6% of Foot Locker shareholders elected to receive stock consideration (0.1168 DKS shares per FL share), while only 1.2% chose cash consideration ($24.00 per share).
The remaining 6.2% of shareholders who didn't make valid elections, including 4.5% of shares owned by DICK'S, will receive cash consideration. DKS-owned FL shares will be cancelled without consideration. The merger is expected to close on September 8, 2025, pending customary closing conditions.
DICK'S Sporting Goods (NYSE:DKS) reported strong Q2 2025 results and raised its full-year guidance. The company achieved record second quarter sales of $3.65 billion, with comparable sales growth of 5.0%. Earnings per diluted share reached $4.71 (GAAP) and $4.38 (non-GAAP), compared to $4.37 in the prior year.
The company has raised its 2025 outlook, projecting comparable sales growth of 2.0% to 3.5% (up from 1.0% to 3.0%) and earnings per diluted share of $13.90 to $14.50 (up from $13.80 to $14.40). Additionally, DICK'S announced that its $2.4 billion acquisition of Foot Locker is expected to close on September 8, 2025, having received shareholder approval and all regulatory clearances.
The company continues its expansion with new store openings, including one House of Sport and four DICK'S Field House locations during Q2. The Board declared a quarterly dividend of $1.2125 per share, payable on September 26, 2025.
DICK'S Sporting Goods (NYSE: DKS) has announced an extension of the expiration date for its exchange offer of Foot Locker's 4.000% Senior Notes due 2029. The deadline has been extended from August 29, 2025, to September 9, 2025, at 5:00 p.m. New York City time.
The exchange offer allows eligible holders to exchange Foot Locker Notes for up to $400 million in new DICK'S Notes and cash in certain instances. As of August 26, 2025, 94.94% ($379,741,000) of Foot Locker Notes have been validly tendered. The extension is related to DICK'S previously announced merger with Foot Locker, where Foot Locker will become a wholly owned subsidiary of DICK'S.
DICK'S Sporting Goods (NYSE: DKS) and Foot Locker (NYSE: FL) announced two key developments in their pending merger: the expiration of the Hart-Scott-Rodino antitrust waiting period and the election deadline for merger consideration. The merger is set to close on September 8, 2025, following Foot Locker shareholders' approval on August 22, 2025.
Foot Locker shareholders must elect their preferred form of consideration by 5:00 p.m. ET on August 29, 2025. They can choose either $24.00 in cash or 0.1168 shares of DICK'S Sporting Goods stock for each Foot Locker share. Shareholders who don't make an election will automatically receive cash consideration. Plan participants face an earlier deadline of August 27, 2025.
Foot Locker (NYSE: FL) shareholders have overwhelmingly approved the company's acquisition by DICK'S Sporting Goods (NYSE: DKS), with approximately 99% of votes cast in favor of the merger agreement, representing about 70% of outstanding shares.
Under the merger terms announced on May 15, 2025, FL shareholders can choose to receive either $24.00 in cash or 0.1168 shares of DKS common stock for each FL share, with no minimum or maximum limits on cash or stock consideration. The transaction is expected to close in the second half of 2025, pending regulatory approvals and other customary closing conditions.
DICK'S Sporting Goods (NYSE: DKS) announced its participation in the Goldman Sachs 32nd Annual Global Retailing Conference. The company's management will engage in a fireside chat on September 4th at 11:40 a.m. Eastern Time.
The event will be accessible via webcast, both live and as an archived replay, through the company's Investor Relations website at investors.DICKS.com. DICK'S Sporting Goods operates over 850 retail locations across various brands including DICK'S Sporting Goods, Golf Galaxy, Public Lands, and Going Going Gone! stores.
DICK'S Sporting Goods (NYSE: DKS) has officially launched Cookie Jar & A Dream Studios, an in-house content and production studio focused on sports storytelling. The studio, named after the company's founding story, builds on DICK'S successful track record in sports documentaries, including two Sports Emmy awards for "We Could Be King" and "The Turnaround."
The studio's latest project, "Big Dreams: The Little League World Series 2024," produced in partnership with Imagine Entertainment and MLB Studios, will premiere on ESPN on August 12 at 9:30 p.m. ET. Over the past decade, DICK'S has produced five feature-length films and ten short-form documentaries, establishing itself as a serious producer of sports-focused content.