08:18 AM EDT, 09/08/2025 (MT Newswires) -- Dick's Sporting Goods (DKS) said Monday that it has completed its acquisition of footwear and apparel retailer Foot Locker ( FL ).

The transaction is anticipated to be accretive to Dick's Sporting Goods' earnings per share in fiscal 2026, the company said, adding that the deal is likely deliver between $100 million to $125 million in cost synergies in the medium term.

The company said it will continue to operate Foot Locker's ( FL ) portfolio of brands, with Dick's Executive Chairman Ed Stack leading the global Foot Locker ( FL ) businesses, in partnership with two new presidents for North America and international geographies, respectively.