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M&A Deal Summary

Dick s Sporting Goods Acquires Foot Locker

On May 15, 2025, Dick s Sporting Goods acquired retailer Foot Locker for 2.5B USD

Acquisition Highlights
  • This is Dick s Sporting Goods’ 5th transaction in the Retail sector.
  • This is Dick s Sporting Goods’ largest (disclosed) transaction.
  • This is Dick s Sporting Goods’ 10th transaction in the United States.
  • This is Dick s Sporting Goods’ 2nd transaction in New York.

M&A Deal Summary
Date 2025-05-15
Target Foot Locker
Sector Retail
Buyer(s) Dick s Sporting Goods
Deal Type Add-on Acquisition
Deal Value 2.5B USD
Advisor(s) Evercore Group (Financial)
Skadden, Arps, Slate, Meagher & Flom (Legal)

Target

Foot Locker

New York, New York, United States
Foot Locker is a specialty athletic retailer that operates Foot Locker, Footaction, Lady Foot Locker, Kids Foot Locker, Champs Sports, SIX:02, Runners Point, and Sidestep retail stores, as well as runs a direct-to-customer channel including footlocker.com, Eastbay, CCS.com, SIX:02.com, runnerspoint.com, and sidestep-shoes.com. Foot Locker was founded in 1879 and is based in New York, New York.

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Buyer(S) 1

Buyer

Dick s Sporting Goods

Coraopolis, Pennsylvania, United States
Category Company
Founded 1948
Sector Retail
Employees18,600
Revenue 13.4B USD (2025)
DESCRIPTION

Dick's Sporting Goods is a retailer for sports and fitness apparels and accessories. Dick's Sporting Goods was founded in 1948 and is based in Coraopolis, Pennsylvania.

DEAL STATS #
Overall 10 of 10
Sector: Retail M&A 5 of 5
Type: Add-on Acquisition M&A Deals 6 of 6
State: New York M&A 2 of 2
Country: United States M&A 10 of 10
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-22 Moosejaw

Madison Heights, Michigan, United States

Moosejaw is a multi-channel retailer of premium quality outdoor apparel and equipment. Moosejaw was founded in 1992 and is based in Madison Heights, United States.

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