$DKS (DICK'S SPORTING GOODS) — 8-K: DICK'S completes Foot Locker buy for $2.5 billion, issues $381.9 million in notes

DICK'S Sporting Goods closed its acquisition of Foot Locker on September 8, 2025, for total consideration of approximately $2.5 billion, consisting of approximately $0.2 billion in cash and approximately 9.6 million shares of common stock. On September 11, 2025, DICK'S issued $381.9 million aggregate principal amount of 4.000% Senior Notes due 2029 in connection with an exchange offer for Foot Locker's 4.000% Senior Notes due 2029; $18.1 million remained as Foot Locker Notes. Pro forma statements for the fiscal year ended January 31, 2026 assume the transactions closed February 2, 2025 and exclude cost savings, revenue synergies and integration costs.

DICK'S Sporting Goods closed its acquisition of Foot Locker on September 8, 2025, for total consideration of approximately $2.5 billion, consisting of approximately $0.2 billion in cash and approximat